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    Property profile & analytics

    500 2nd St Sheffield, AL 35660-3216

    • Retail space
    • 15,800 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2372531
    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

    • Kumar Package Store / Liquor Store

    Property Details for 500 2nd St

    Year built
    1985
    Construction
    WOOD
    Property size
    15,800 SF
    Property type
    Retail space
    APN
    07-08-33-1-002-001.006
    APU
    708331002001006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield
    County
    Colbert
    State
    Alabama
    Longitude
    -87.6937
    Latitude
    34.7589
    CBSA code
    22520
    CBSA name
    FLORENCE-MUSCLE SHOALS, 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
    $1,849
    $0.00
    $0.00
    $35,900
    -
    $37,300
    $142,200
    $179,500

    Comparable in this City

    • Value Estimation by Request
      3,424 SF

      Hatch Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,424 SF
      Hatch Blvd, Sheffield, AL 35660
      View Details
    • Value Estimation by Request
      2,250 SF

      Montgomery Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,250 SF
      Montgomery Ave, Sheffield, AL 35660
      View Details
    • Value Estimation by Request
      3,120 SF

      113 Montgomery Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,120 SF
      113 Montgomery Ave, Sheffield, AL 35660
      View Details
    • Value Estimation by Request
      2,731 SF

      117 Montgomery Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,731 SF
      117 Montgomery Ave, Sheffield, AL 35660-2704
      View Details
    • Value Estimation by Request
      3,165 SF

      1020 20th Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,165 SF
      1020 20th Ave, Sheffield, AL 35660-5634
      View Details
    • Value Estimation by Request
      6,744 SF

      1014 27th St

      RETAIL STORES (PERSONAL SERVICES) • 6,744 SF
      1014 27th St, Sheffield, AL 35660-3417
      View Details

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    • Contact for pricing
      10,672 SF

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      10,672 SF former Walgreens with drive-thru in Sheffield, AL.
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    500 2nd St
    Sheffield, AL 35660-3216
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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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