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    Property profile & analytics

    611 Elm St Troy, AL 36081-3462

    • Apartment buildings
    • 1,300 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2532553
    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

    • Apartment buildings

    Property Details for 611 Elm St

    Year built
    1940
    Lot size
    0.37 lot acres
    Property size
    1,300 SF
    Zone code
    C
    Property type
    Apartment buildings
    APN
    55 10 09 29 4 021 016.000
    APU
    551009294021016000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Pike
    State
    Alabama
    Longitude
    -85.9613
    Latitude
    31.8077
    CBSA code
    45980
    CBSA name
    TROY, 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
    $1,983
    $0.00
    $0.00
    $53,680
    -
    $68,800
    $199,580
    $268,380

    Comparable in this City

    • Value Estimation by Request
      4,500 SF

      Troy, AL 36081

      APARTMENT HOUSE (5+ UNITS) • 4,500 SF
      Troy, AL 36081
      View Details
    • Value Estimation by Request
      6,113 SF

      229 Dozier Dr

      APARTMENT HOUSE (5+ UNITS) • 6,113 SF
      229 Dozier Dr, Troy, AL 36081-3028
      View Details
    • Value Estimation by Request
      1,748 SF

      307 Madison St

      APARTMENT HOUSE (5+ UNITS) • 1,748 SF
      307 Madison St, Troy, AL 36081-3316
      View Details
    • Value Estimation by Request
      3,568 SF

      123 Montgomery St

      APARTMENT HOUSE (5+ UNITS) • 3,568 SF
      123 Montgomery St, Troy, AL 36081-1769
      View Details
    • Value Estimation by Request
      1,740 SF

      Smith

      APARTMENT HOUSE (5+ UNITS) • 1,740 SF
      Smith, Troy, AL 36081
      View Details
    • Value Estimation by Request
      2,325 SF

      205 University Ave

      APARTMENT HOUSE (5+ UNITS) • 2,325 SF
      205 University Ave, Troy, AL 36081
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      123,860 SF

      Student Housing Community Near Troy

      Purpose-built student housing community located one mile from Troy University.
      826 S 3 Notch St, Troy, AL 36081
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    • $1,500,000
      21.00 Acres

      Highway 87 Land Opportunity

      21+/- acres on Highway 87, outside city limits.
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    • $1,790,000
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      Land with development potential and a remodeled rental house.
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      Troy, AL - Detached Units

      Seven single-family houses on R2 zoned land in Troy.
      204 Corman Ave, Troy, AL 36081
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    • $85,000
      6.10 Acres

      Land with Pond in Troy

      6.1 acres with pond, suitable for building a home.
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    • Contact for pricing
      0.35 Acres

      Vacant Lot in Bonanza Estates

      Vacant land available in Troy, Alabama's Bonanza Estates.
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    Similar Nearby for Lease

    • $33 SF/Yr
      9,000 SF

      Troy University Retail Center

      Prime Retail Space, High Traffic
      701 Brundidge Blvd, Troy, AL 36081
      View Details
    • Contact for pricing

      Retail Space on US Highway

      Retail space available on a busy highway near medical center.
      1327-1333 Us-231, Troy, AL 36081
      View Details
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    611 Elm St
    Troy, AL 36081-3462
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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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