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    Property profile & analytics

    507 Main St Opp, AL 36467-1610

    • Investment properties
    • 2,500 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 12, 2023
    $21,000
    Location Intelligence
    Property ID
    US03-0118426
    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

    • Investment properties

    Property Details for 507 Main St

    Year built
    2015
    Lot size
    0.63 lot acres
    Property size
    2,500 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    23-11-08-28-2-204-006.004
    APU
    231108282204006004

    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
    -86.2562
    Latitude
    31.2892

    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
    $1,611
    $1,140
    $40,152
    $41,292
    -
    $5,700
    $200,760
    $206,460

    Comparable in this City

    • Value Estimation by Request
      5,006 SF

      Cummings Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,006 SF
      Cummings Ave, Opp, AL 36467
      View Details
    • Value Estimation by Request
      352 SF

      500 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 352 SF
      500 Main St, Opp, AL 36467-1611
      View Details
    • Value Estimation
      $130,000
      6,000 SF

      350 Morgan St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,000 SF
      350 Morgan St, Opp, AL 36467-2316
      View Details
    • Value Estimation by Request
      2,540 SF

      Opp, AL 36467

      OFFICE/RESIDENTIAL (MIXED USE) • 2,540 SF
      Opp, AL 36467
      View Details
    • Value Estimation by Request
      8,035 SF

      2125 Us Hwy 84th W

      OFFICE/RESIDENTIAL (MIXED USE) • 8,035 SF
      2125 Us Hwy 84th W, Opp, AL 36467-3545
      View Details
    • Value Estimation by Request
      2,980 SF

      1601 Cumming Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,980 SF
      1601 Cumming Ave, Opp, AL 36467-2700
      View Details

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    Similar Nearby for Lease

    • $8 SF/Yr
      20,060 SF

      Retail Space in Delta Plaza

      Mixed-use neighborhood center with flexible layouts for lease.
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    • Contact for pricing

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      2,455 SF former restaurant with high visibility.
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    Opp, AL 36467-1610
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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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