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    Property profile & analytics

    7 12th NW Ave Arab, AL 35016-1977

    • Medical offices
    • 3,116 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $55,000
    Last Sale
    Feb 23, 2022
    $167
    Location Intelligence
    Property ID
    US03-2034821
    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

    • EyeCare Associates / Eye Care Center / Ophthalmologist
    • Scott Gina OD / Optometrist
    • Dr. Frank Freeman / Optometrist / Practitioner Service Location
    • TERRY REYNOLDS / Optometrist
    • JOHNNIE PAUL BARNES / Optometrist

    Property Details for 7 12th NW Ave

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.38 lot acres
    Property size
    3,116 SF
    Zone code
    11
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    13-06-14-4-000-069.002
    APU
    1306144000069002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arab
    County
    Marshall
    State
    Alabama
    Longitude
    -86.5018
    Latitude
    34.3376
    CBSA code
    10700
    CBSA name
    ALBERTVILLE, 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
    $2,356
    $4,960
    $53,220
    $58,180
    -
    $24,800
    $266,100
    $290,900

    Comparable in this City

    • Value Estimation by Request
      1,146 SF

      615 Cullman Rd

      MEDICAL BUILDING • 1,146 SF
      615 Cullman Rd, Arab, AL 35016-1862
      View Details
    • Value Estimation
      $400,000
      2,184 SF

      15 12th NW Ave

      MEDICAL BUILDING • 2,184 SF
      15 12th NW Ave, Arab, AL 35016-1977
      View Details
    • Value Estimation
      $60,000
      1,554 SF

      633 Cullman Rd

      MEDICAL BUILDING • 1,554 SF
      633 Cullman Rd, Arab, AL 35016-1862
      View Details
    • Value Estimation
      $70,000
      4,608 SF

      1170 Main St

      MEDICAL BUILDING • 4,608 SF
      1170 Main St, Arab, AL 35016-1070
      View Details
    • Value Estimation
      $405,000
      4,120 SF

      55 Golfview NE Dr

      MEDICAL BUILDING • 4,120 SF
      55 Golfview NE Dr, Arab, AL 35016-5467
      View Details
    • Value Estimation
      $370,000
      4,488 SF

      184 Main St

      MEDICAL BUILDING • 4,488 SF
      184 Main St, Arab, AL 35016-1351
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $750 /Mo

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      750 SF office space available for lease.
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      View Details
    • $9 SF/Yr
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      View Details
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    7 12th NW Ave
    Arab, AL 35016-1977
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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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