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    Property profile & analytics

    515 Lanier Ave, Unit 519 Lanett, AL 36863-2021

    • Office buildings
    • 1,457 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Apr 21, 2024
    Location Intelligence
    Property ID
    US03-2221236
    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 buildings

    Property Details for 515 Lanier Ave

    Year built
    1953
    Lot size
    0.46 lot acres
    Property size
    1,457 SF
    Property type
    Office buildings
    APN
    12-10-07-25-1-001-026.000
    APU
    121007251001026000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lanett
    County
    Chambers
    State
    Alabama
    Longitude
    -85.1874
    Latitude
    32.8722
    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
    $1,760
    $4,760
    $28,760
    $33,520
    -
    $23,750
    $143,840
    $167,590

    Comparable in this City

    • Value Estimation by Request
      584 SF

      107 Lanier Ave

      OFFICE BUILDING • 584 SF
      107 Lanier Ave, Lanett, AL 36863-2013
      View Details
    • Value Estimation by Request
      9,435 SF

      2437 Phillips Rd

      OFFICE BUILDING • 9,435 SF
      2437 Phillips Rd, Lanett, AL 36863-6223
      View Details
    • Value Estimation by Request
      5,028 SF

      6th Ave

      OFFICE BUILDING • 5,028 SF
      6th Ave, Lanett, AL 36863
      View Details
    • Value Estimation by Request
      2,020 SF

      Blvd Boulevard

      OFFICE BUILDING • 2,020 SF
      Blvd Boulevard, Lanett, AL 36863
      View Details
    • Value Estimation
      $385,000
      812 SF

      2013 Veterans Memorial Pkwy

      OFFICE BUILDING • 812 SF
      2013 Veterans Memorial Pkwy, Lanett, AL 36863-4715
      View Details
    • Value Estimation by Request
      560 SF

      861 Ave A SE A

      OFFICE BUILDING • 560 SF
      861 Ave A SE A, Lanett, AL 36863
      View Details

    Similar Nearby for Sale

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      High-traffic location, established business, 3 acres
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      Residential lot available in Austin Hills Subdivision, Lanett, Alabama.
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      Residential Lots in Covington Subdivision

      Five residential lots for sale in Lanett, Alabama.
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    • $174,900
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      Lanett Industrial Land - Great Potential

      0.73-acre lot, ideal for various uses.
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    515 Lanier Ave, Unit 519
    Lanett, AL 36863-2021
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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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