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    Property profile & analytics

    505 2nd St Sheffield, AL 35660-3215

    • Office Properties & Spaces
    • 264 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2500432
    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

    • Sadler Auto Sales, LLC / Used Car Dealer
    • Heavenly Grace Ministries LLC / Religious Organization

    Property Details for 505 2nd St

    Property size
    264 SF
    Property type
    Office Properties & Spaces
    APN
    07-08-28-4-020-014.000
    APU
    708284020014000

    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
    -87.6936
    Latitude
    34.76
    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
    $303
    $0.00
    $0.00
    $5,940
    -
    $17,500
    $12,200
    $29,700

    Comparable in this City

    • Value Estimation by Request
      964 SF

      404 Nashville Ave

      OFFICE (GENERAL) • 964 SF
      404 Nashville Ave, Sheffield, AL 35660-2938
      View Details
    • Value Estimation by Request
      4,788 SF

      213 4th St

      OFFICE (GENERAL) • 4,788 SF
      213 4th St, Sheffield, AL 35660-3039
      View Details
    • Value Estimation by Request
      15,000 SF

      427 Cox Blvd

      OFFICE (GENERAL) • 15,000 SF
      427 Cox Blvd, Sheffield, AL 35660-4021
      View Details
    • Value Estimation by Request
      6,168 SF

      306 Montgomery Ave

      OFFICE (GENERAL) • 6,168 SF
      306 Montgomery Ave, Sheffield, AL 35660-2709
      View Details
    • Value Estimation by Request
      6,020 SF

      304 Montgomery Ave

      OFFICE (GENERAL) • 6,020 SF
      304 Montgomery Ave, Sheffield, AL 35660-2709
      View Details
    • Value Estimation
      $200,000
      6,141 SF

      501 Alabama Ave

      OFFICE (GENERAL) • 6,141 SF
      501 Alabama Ave, Sheffield, AL 35660-2817
      View Details

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      Retail properties • 6,900 SF
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    505 2nd St
    Sheffield, AL 35660-3215
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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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