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    Property profile & analytics

    5550 Winchester Rd New Market, AL 35761-9794

    • Sports & entertainment properties
    • 1,126 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-0363292
    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

    • New Market Hair Design / Beauty Salon

    Property Details for 5550 Winchester Rd

    Year built
    1983
    Construction
    WOOD
    Lot size
    0.56 lot acres
    Property size
    1,126 SF
    Property type
    Sports & entertainment properties
    APN
    02-08-33-2-000-017.000
    APU
    208332000017000

    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 Market
    County
    Madison
    State
    Alabama
    Longitude
    -86.4273
    Latitude
    34.9116
    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
    $679
    $2,580
    $16,240
    $18,820
    -
    $12,900
    $81,200
    $94,100

    Comparable in this City

    • Value Estimation by Request
      441 SF

      1720 New Market Rd

      RECREATIONAL, ENTERTAINMENT • 441 SF
      1720 New Market Rd, New Market, AL 35761-7934
      View Details
    • Value Estimation by Request
      816 SF

      321 Cemetery Rd

      RECREATIONAL, ENTERTAINMENT • 816 SF
      321 Cemetery Rd, New Market, AL 35761
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    • Value Estimation by Request
      1,404 SF

      Cochran St

      RECREATIONAL, ENTERTAINMENT • 1,404 SF
      Cochran St, New Market, AL 35761
      View Details
    • Value Estimation by Request
      1,500 SF

      5383 Winchester Rd

      RECREATIONAL, ENTERTAINMENT • 1,500 SF
      5383 Winchester Rd, New Market, AL 35761
      View Details
    • Value Estimation by Request
      1,500 SF

      223 Jacks Rd

      RECREATIONAL, ENTERTAINMENT • 1,500 SF
      223 Jacks Rd, New Market, AL 35761-8532
      View Details
    • Value Estimation by Request
      1,440 SF

      107 Sougahatchee Dr

      RECREATIONAL, ENTERTAINMENT • 1,440 SF
      107 Sougahatchee Dr, New Market, AL 35761-7807
      View Details

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      One-acre lot suitable for residential or commercial use.
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      65 acres of land perfect for estate, farm, or development.
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    • New
      $59,900
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      Commercial Lot on Winchester Road

      1.2-acre commercial lot with high-traffic frontage on Winchester Road.
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      New Market Acreage with Creek

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    5550 Winchester Rd
    New Market, AL 35761-9794
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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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