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    Property profile & analytics

    502 2nd St Muscle Shoals, AL 35661-1502

    • Warehouses
    • 1,200 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2458490
    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

    • Smith Owings & Associates / Accountant

    Property Details for 502 2nd St

    Year built
    1986
    Property size
    1,200 SF
    Property type
    Warehouses
    APN
    07-07-35-2-003-001.000
    APU
    707352003001000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Muscle Shoals
    County
    Colbert
    State
    Alabama
    Longitude
    -87.6701
    Latitude
    34.7592
    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
    $835
    $0.00
    $0.00
    $20,660
    -
    $22,900
    $80,400
    $103,300

    Comparable in this City

    • Value Estimation by Request
      5,626 SF

      Muscle Shoals, AL 35661

      WAREHOUSE, STORAGE • 5,626 SF
      Muscle Shoals, AL 35661
      View Details
    • Value Estimation by Request
      1,500 SF

      Muscle Shoals, AL 35661

      WAREHOUSE, STORAGE • 1,500 SF
      Muscle Shoals, AL 35661
      View Details
    • Value Estimation by Request
      1,045 SF

      Muscle Shoals, AL 35661

      WAREHOUSE, STORAGE • 1,045 SF
      Muscle Shoals, AL 35661
      View Details
    • Value Estimation by Request
      2,400 SF

      Muscle Shoals, AL 35661

      WAREHOUSE, STORAGE • 2,400 SF
      Muscle Shoals, AL 35661
      View Details
    • Value Estimation by Request
      12,344 SF

      Muscle Shoals, AL 35661

      WAREHOUSE, STORAGE • 12,344 SF
      Muscle Shoals, AL 35661
      View Details
    • Value Estimation by Request
      5,120 SF

      Muscle Shoals, AL 35661

      WAREHOUSE, STORAGE • 5,120 SF
      Muscle Shoals, AL 35661
      View Details

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      Muscle Shoals Warehouse - $4.2M

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    • $559,500
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      Versatile Industrial Building in Muscle Shoals

      15,203 sqft building with office, warehouse, and manufacturing space.
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      Versatile Warehouses and Office Building

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    Similar Nearby for Lease

    • Contact for pricing

      Former Restaurant on Woodward Avenue

      5,798 SF former restaurant on 1.046 AC for rent.
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    • Contact for pricing
      1,750 SF

      Retail Space Near Walmart

      Retail space available with high visibility and signalized access.
      233 Avalon Ave, Muscle Shoals, AL 35661
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    • $10 SF/Yr
      3,750 SF

      Kelsey Place Office Suites

      Muscle Shoals Office Space Available
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    502 2nd St
    Muscle Shoals, AL 35661-1502
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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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