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    Property profile & analytics

    505 Florala Hwy Opp, AL 36467-3351

    • Drive through restaurants
    • 2,628 SF
    OFF-MARKET
    Value Estimation
    $540,000
    Location Intelligence
    Property ID
    US03-2716328
    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

    • Drive through restaurants

    Property Details for 505 Florala Hwy

    Year built
    1994
    Construction
    BRICK
    Property size
    2,628 SF
    Property type
    Drive through restaurants
    APN
    23-11-08-28-4-403-045.000
    APU
    231108284403045000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Opp
    County
    Covington
    State
    Alabama
    Longitude
    -86.2501
    Latitude
    31.28

    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
    $3,434
    $17,020
    $71,016
    $88,036
    -
    $85,100
    $355,080
    $440,180

    Comparable in this City

    • Value Estimation
      $395,000
      3,305 SF

      Opp, AL 36467

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,305 SF
      Opp, AL 36467
      View Details
    • Value Estimation
      $350,000
      3,488 SF

      803 Florala Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,488 SF
      803 Florala Hwy, Opp, AL 36467-3346
      View Details
    • Value Estimation by Request
      1,471 SF

      805 Florala Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,471 SF
      805 Florala Hwy, Opp, AL 36467-3346
      View Details
    • Value Estimation by Request
      1,458 SF

      407 Maloy St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,458 SF
      407 Maloy St, Opp, AL 36467-2426
      View Details
    • Value Estimation
      $385,000
      7,820 SF

      805 Florala Hwy

      RESTAURANT • 7,820 SF
      805 Florala Hwy, Opp, AL 36467-3346
      View Details
    • Value Estimation
      $60,000
      270 SF

      Cummings Ave

      RESTAURANT • 270 SF
      Cummings Ave, Opp, AL 36467
      View Details

    Similar Nearby for Sale

    • $1,370,000
      8,353 SF

      Alabama Grocery Store Investment

      High-yield NNN lease, strong tenant.
      303 Main St, Opp, AL 36467
      View Details
    • $2,000,000
      73,900 SF

      Lemar Plaza: Opp, Alabama Retail Center

      High-Yield Retail Center, 100% Occupied
      304 Cumming Ave, Opp, AL 36467
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    • $190,000

      Opp, AL Restaurant & Land

      Established Restaurant, Turnkey Opportunity
      208 Cummings Ave, Opp, AL 36467
      View Details
    • $2,520,000

      Industrial Property with Crane Access

      Industrial property featuring cranes, loading docks, and ample parking.
      200 Hattaway Rd, Opp, AL 36467
      View Details
    • $284,999
      63.00 Acres

      Recreational Land with Hunting Potential

      63-acre recreational property with hunting, fishing, and convenient location.
      15816 Roberts Rd, Opp, AL 36467
      View Details
    • $75,000
      2.00 Acres

      Land for Church or Investment

      2-acre lot ideal for church or investment in Opp, AL.
      810 Maude Ave, Opp, AL 36467
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Former Restaurant on Florala Highway

      2,455 SF former restaurant with high visibility.
      505 Florala Hwy, Opp, AL 36467
      View Details
    • $8 SF/Yr
      20,060 SF

      Retail Space in Delta Plaza

      Mixed-use neighborhood center with flexible layouts for lease.
      408 N Main St, Opp, AL 36467
      View Details
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    Opp, AL 36467-3351
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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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