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    Property profile & analytics

    5451 Main Dr New Hope, AL 35760-9758

    • Gas stations
    • 1,750 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 17, 2022
    $58,000
    Location Intelligence
    Property ID
    US03-0257926
    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

    • Vintage Lorelai Jewelry & Gifts / Boutique

    Property Details for 5451 Main Dr

    Year built
    1932
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    1,750 SF
    Property type
    Gas stations
    APN
    29-01-11-2-000-026.000
    APU
    2901112000026000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Hope
    County
    Madison
    State
    Alabama
    Longitude
    -86.3943
    Latitude
    34.5385
    CBSA code
    26620
    CBSA name
    HUNTSVILLE, 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
    $525
    $640
    $12,320
    $12,960
    -
    $3,200
    $61,600
    $64,800

    Comparable in this City

    • Value Estimation by Request
      300 SF

      10521 Hwy 431st S

      SERVICE STATION (FULL SERVICE) • 300 SF
      10521 Hwy 431st S, New Hope, AL 35760-8831
      View Details
    • Value Estimation by Request
      3,840 SF

      4998 Main Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,840 SF
      4998 Main Dr, New Hope, AL 35760-8600
      View Details
    • Value Estimation
      $430,000
      3.18 Acres

      4615 Main Dr

      FINANCIAL BUILDING • 3.18 Acres
      4615 Main Dr, New Hope, AL 35760-9500
      View Details
    • Value Estimation
      $70,000
      2,340 SF

      5459 Main Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,340 SF
      5459 Main Dr, New Hope, AL 35760-9758
      View Details
    • Value Estimation
      $265,000
      2,363 SF

      4239 Old Hwy 431

      RETAIL STORES (PERSONAL SERVICES) • 2,363 SF
      4239 Old Hwy 431, New Hope, AL 35760
      View Details
    • Value Estimation
      $490,000
      3,270 SF

      100 Peter Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,270 SF
      100 Peter Ln, New Hope, AL 35760-9100
      View Details

    Similar Nearby for Sale

    • $335,000
      1.97 Acres

      Retail Property on 1.9 Acres

      Established business opportunity near Marshall County line in New Hope.
      Highway 431 S, New Hope, AL 35760
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    • $420,000
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      New Hope Acreage For Sale

      31.19 acres in southeast Madison County, ideal for building.
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    • $74,900
      1.48 Acres

      Residential Land in New Hope

      1.48 acre residential land for sale in New Hope, AL.
      1.48 Acres Wesley Childers Rd, New Hope, AL 35760
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    • $89,000
      15.00 Acres

      Wooded Acreage Near Paint Rock

      15 acres of wooded land, ideal for hunting.
      15 Shin Point Rd, New Hope, AL 35760
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    • $429,000
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      Prime 7+ Acre Highway 431 Tract

      New Hope, AL commercial land opportunity.
      10051 Us-431, New Hope, AL 35760
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    • $189,900

      Prime Commercial Land in New Hope

      Commercial land for development in a sought-after location.
      5388 Main Dr, New Hope, AL 35760
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    New Hope, AL 35760-9758
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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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