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    Property profile & analytics

    506 Washington St Demopolis, AL 36732-2348

    • Office Properties & Spaces
    • 5,332 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1203515
    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

    • Office Properties & Spaces

    Property Details for 506 Washington St

    Year built
    1981
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.25 lot acres
    Property size
    5,332 SF
    Property type
    Office Properties & Spaces
    APN
    206244002003000
    APU
    206244002003000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Demopolis
    County
    Marengo
    State
    Alabama
    Longitude
    -87.8324
    Latitude
    32.5171

    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
    $3,741
    $0.00
    $0.00
    $66,220
    -
    $18,000
    $313,120
    $331,120

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      Arcola Rd

      OFFICE (GENERAL) • 1,200 SF
      Arcola Rd, Demopolis, AL 36732
      View Details
    • Value Estimation by Request
      2,025 SF

      108 Capitol St

      OFFICE (GENERAL) • 2,025 SF
      108 Capitol St, Demopolis, AL 36732-2002
      View Details
    • Value Estimation by Request
      1,598 SF

      111 Cedar Ave

      OFFICE (GENERAL) • 1,598 SF
      111 Cedar Ave, Demopolis, AL 36732-2227
      View Details
    • Value Estimation by Request
      500 SF

      1410 Jackson St

      OFFICE (GENERAL) • 500 SF
      1410 Jackson St, Demopolis, AL 36732-1506
      View Details
    • Value Estimation by Request
      3,330 SF

      301 Main Ave

      OFFICE (GENERAL) • 3,330 SF
      301 Main Ave, Demopolis, AL 36732-2017
      View Details
    • Value Estimation by Request
      1,089 SF

      401 Cedar Ave

      OFFICE (GENERAL) • 1,089 SF
      401 Cedar Ave, Demopolis, AL 36732-2233
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      20.00 Acres

      Demopolis Residential Land

      20 Acres, Prime Development Site
      0 Maria Ave, Demopolis, AL 36732
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    • $490,000

      Demopolis Retail Space - Prime Location

      Downtown Demopolis retail space, high foot traffic.
      101 Washington St, Demopolis, AL 36732
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    • $780,000
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      Prime Commercial Land on Highway

      Commercial property with highway frontage, subdividable up to 27 acres.
      Hwy 80 West, Demopolis, AL 36732
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    • New
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      0.64 Acres

      Land For Sale, Demopolis, AL

      Two lots available on Cobblestone Lane in Demopolis, Alabama.
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    • $639,000
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    Similar Nearby for Lease

    • $7 SF/Yr
      65,069 SF

      505 Us-80

      Community centers • 65,069 SF
      505 Us-80, Demopolis, AL 36732
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    • $7 SF/Yr
      65,069 SF

      Retail Space on U.S. Hwy. 80

      Retail property with high visibility and access to Marengo County.
      505 Hwy 80 West, Demopolis, AL 36732
      View Details
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    506 Washington St
    Demopolis, AL 36732-2348
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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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