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    Property profile & analytics

    480 Old Rifle Range Rd Wetumpka, AL 36093-1500

    • Office buildings
    • 1,056 SF
    • 20.00 lot acres
    OFF-MARKET
    Value Estimation
    $675,000
    Last Sale
    Jul 20, 2021
    $597,675
    Location Intelligence
    Property ID
    US03-2021980
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Riverway Storage / Self-Storage Facility

    Property Details for 480 Old Rifle Range Rd

    Year built
    1987
    Construction
    WOOD
    Lot size
    20.00 lot acres
    Property size
    1,056 SF
    Property type
    Office buildings
    APN
    24-04-17-0-001-001.012
    APU
    2404170001001012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $765,000

    • CAP approach

      CAP return
      Estimation
      6%
      $585,000
      6.5%
      $630,000
      7%
      $580,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $675,000
      Geo Method
      $530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $590,000
      Retail
      $605,000
      Mixed-Use
      $605,000
      Hospitality
      $575,000
      Educational
      $590,000
      Residential Income
      $685,000
      Energy
      $685,000
      Income-Based Land
      $635,000
      Food Service
      $570,000

    Location Insight

    • Map
    • Local Demand
    City
    Wetumpka
    County
    Elmore
    State
    Alabama
    Longitude
    -86.1803
    Latitude
    32.4506
    CBSA code
    33860
    CBSA name
    MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,457
    $143,590
    $553,560
    $697,150
    -
    $143,590
    $553,560
    $697,150

    Comparable in this City

    • Value Estimation by Request
      576 SF

      1085 Peace Church Rd

      OFFICE BUILDING • 576 SF
      1085 Peace Church Rd, Wetumpka, AL 36093-3810
      View Details
    • Value Estimation
      $220,000
      3,850 SF

      12 Cambridge Ct

      OFFICE BUILDING • 3,850 SF
      12 Cambridge Ct, Wetumpka, AL 36093-1259
      View Details
    • Value Estimation
      $500,000
      5,181 SF

      2215 Us Hwy 231

      OFFICE BUILDING • 5,181 SF
      2215 Us Hwy 231, Wetumpka, AL 36093-1244
      View Details
    • Value Estimation
      $475,000
      8,414 SF

      3662 Us Hwy 231

      OFFICE BUILDING • 8,414 SF
      3662 Us Hwy 231, Wetumpka, AL 36093-1203
      View Details
    • Value Estimation
      $460,000
      4,792 SF

      705 Brookwood Dr

      OFFICE BUILDING • 4,792 SF
      705 Brookwood Dr, Wetumpka, AL 36093-3149
      View Details
    • Value Estimation
      $390,000
      3,551 SF

      19 Cambridge Ct

      OFFICE BUILDING • 3,551 SF
      19 Cambridge Ct, Wetumpka, AL 36093-1261
      View Details

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    480 Old Rifle Range Rd
    Wetumpka, AL 36093-1500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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