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    Property profile & analytics

    5885 Newfound Rd Mount Olive, AL 35117-3432

    • Office Properties & Spaces
    • 900 SF
    • 8.00 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    May 22, 2024
    Location Intelligence
    Property ID
    US03-0883946
    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 5885 Newfound Rd

    Year built
    1983
    Lot size
    8.00 lot acres
    Property size
    900 SF
    Zone code
    I3
    Property type
    Office Properties & Spaces
    APN
    14-00-05-1-002-011.001
    APU
    1400051002011001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Olive
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8703
    Latitude
    33.6781
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, 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
    2022
    $7,734
    $20,000
    $187,900
    $207,900
    -
    $100,000
    $939,500
    $1,039,500

    Comparable in this City

    • Value Estimation by Request
      2.50 Acres

      2317 Mount Olive Rd

      Office Properties & Spaces • 2.50 Acres
      2317 Mount Olive Rd, Gardendale, AL 35117
      View Details
    • Value Estimation by Request
      1,484 SF

      2583 Mt Olive Rd

      OFFICE (GENERAL) • 1,484 SF
      2583 Mt Olive Rd, Mount Olive, AL 35117-3906
      View Details
    • Value Estimation
      $265,000
      6,707 SF

      2317 Mt Olive Rd

      OFFICE (GENERAL) • 6,707 SF
      2317 Mt Olive Rd, Mount Olive, AL 35117
      View Details
    • Value Estimation
      $295,000
      392 SF

      2746 Mt Olive Rd

      OFFICE (GENERAL) • 392 SF
      2746 Mt Olive Rd, Mount Olive, AL 35117-3800
      View Details
    • Value Estimation
      $80,000
      2,941 SF

      2727 Mt Olive Rd

      OFFICE (GENERAL) • 2,941 SF
      2727 Mt Olive Rd, Mount Olive, AL 35117-3807
      View Details
    • Value Estimation by Request
      2,791 SF

      3396 Mt Olive Rd

      OFFICE (GENERAL) • 2,791 SF
      3396 Mt Olive Rd, Mount Olive, AL 35117-3710
      View Details

    Similar Nearby for Sale

    • $1,050,000
      2.50 Acres

      Gardendale Office Building - Investment Opportunity

      Spacious Office Building, Partial Occupancy, 2.5 Acres
      2317 Mount Olive Rd, Gardendale, AL 35117
      View Details
    • Contact for pricing
      0.47 Acres

      Improved Land in Mount Olive

      Corner lot with utilities in a desirable neighborhood.
      5385 Pinecrest Dr, Mount Olive, AL 35117
      View Details
    • $600,000
      5.14 Acres

      Gardendale Commercial Land Opportunity

      5.14 Acres, High Traffic Location
      Mount Olive Rd, Gardendale, AL 35117
      View Details
    • Contact for pricing
      Pending

      Residential Lot in Hickory Grove

      Cul-de-sac lot in Mount Olive's Hickory Grove neighborhood.
      5737 Acorn Ln, Mount Olive, AL 35117
      View Details
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    5885 Newfound Rd
    Mount Olive, AL 35117-3432
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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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