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    Property profile & analytics

    501 Commerce St Greenville, AL 36037-2313

    • Office buildings
    • 7,046 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2037993
    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

    • SouthernCare - Greenville / Hospice

    Property Details for 501 Commerce St

    Year built
    2000
    Lot size
    0.06 lot acres
    Property size
    7,046 SF
    Property type
    Office buildings
    APN
    10 08 06 23 1 001 008.000
    APU
    100806231001008000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Butler
    State
    Alabama
    Longitude
    -86.6196
    Latitude
    31.83

    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
    $3,647
    $0.00
    $0.00
    $85,800
    -
    $20,200
    $408,800
    $429,000

    Comparable in this City

    • Value Estimation by Request
      12,363 SF

      Greenville, AL 36037

      OFFICE BUILDING • 12,363 SF
      Greenville, AL 36037
      View Details
    • Value Estimation by Request
      1,176 SF

      Greenville, AL 36037

      OFFICE BUILDING • 1,176 SF
      Greenville, AL 36037
      View Details
    • Value Estimation by Request
      6,987 SF

      100 Adams St

      OFFICE BUILDING • 6,987 SF
      100 Adams St, Greenville, AL 36037-2602
      View Details
    • Value Estimation by Request
      1,836 SF

      118 Bolling St

      OFFICE BUILDING • 1,836 SF
      118 Bolling St, Greenville, AL 36037-2504
      View Details
    • Value Estimation by Request
      2,550 SF

      401 Cedar St

      OFFICE BUILDING • 2,550 SF
      401 Cedar St, Greenville, AL 36037-2229
      View Details
    • Value Estimation by Request
      2,020 SF

      606 Commerce St

      OFFICE BUILDING • 2,020 SF
      606 Commerce St, Greenville, AL 36037-2316
      View Details

    Similar Nearby for Sale

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      5.02 acres of land suitable for homesite or mini-farm.
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    • $35,925
      4.79 Acres

      Greenville Land for Homesite/Mini-Farm

      4.79 acres of land suitable for homesite or mini-farm.
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    • $965,000
      3,313 SF

      Greenville Restaurant: Sale or Lease

      Turnkey Restaurant; Prime Greenville Location
      91 Cahaba Rd, Greenville, AL 36037
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    Similar Nearby for Lease

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      Prime Greenville Restaurant Space

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    • Contact for pricing
      90,810 SF

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      High-traffic Greenville retail space.
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    • $3,650 /Mo
      6,520 SF

      Renovated Industrial Space with Docks

      Renovated industrial space with office, loading docks, and truck access.
      506 North Conecuh St, Greenville, AL 36037
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    • $8,250 /Mo
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      Greenville Restaurant Space Available

      Prime Greenville restaurant, 3,313 sq ft.
      91 Cahaba Rd, Greenville, AL 36037
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    501 Commerce St
    Greenville, AL 36037-2313
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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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