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    Property profile & analytics

    502 Hospital St Lafayette, AL 36862

    • Medical offices
    • 4,264 SF
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US03-2484582
    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

    • Medical offices

    Property Details for 502 Hospital St

    Year built
    1997
    Property size
    4,264 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    12-12-06-23-1-003-011.000
    APU
    121206231003011000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Chambers
    State
    Alabama
    Longitude
    -85.4119
    Latitude
    32.8844
    CBSA code
    29300
    CBSA name
    LAGRANGE, GA-AL MICROPOLITAN 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
    $4,925
    $2,540
    $97,360
    $99,900
    -
    $12,720
    $486,770
    $499,490

    Comparable in this City

    • Value Estimation
      $245,000
      2,642 SF

      3203 20th Ave

      MEDICAL BUILDING • 2,642 SF
      3203 20th Ave, Lafayette, AL 36862
      View Details
    • Value Estimation by Request
      3,450 SF

      134 1st SE St

      MEDICAL BUILDING • 3,450 SF
      134 1st SE St, Lafayette, AL 36862-2304
      View Details
    • Value Estimation by Request
      2,510 SF

      140 1st SE St

      MEDICAL BUILDING • 2,510 SF
      140 1st SE St, Lafayette, AL 36862-2304
      View Details
    • Value Estimation by Request
      6,602 SF

      9th SW Ave

      MEDICAL BUILDING • 6,602 SF
      9th SW Ave, Lafayette, AL 36862
      View Details
    • Value Estimation
      $665,000
      24,208 SF

      B SW St

      HOMES (RETIRED, NURSING) • 24,208 SF
      B SW St, Lafayette, AL 36862
      View Details
    • Value Estimation
      $775,000
      31,576 SF

      Hospital SW St

      HOMES (RETIRED, NURSING) • 31,576 SF
      Hospital SW St, Lafayette, AL 36862
      View Details

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    502 Hospital St
    Lafayette, AL 36862
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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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