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    Property profile & analytics

    Hwy 31st S Hanceville, AL 35077

    • Investment properties
    • 20,502 SF
    • 3.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1390487
    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

    • Investment properties

    Property Details for Hwy 31st S

    Year built
    1900
    Lot size
    3.40 lot acres
    Property size
    20,502 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    23-04-20-0-001-009.002
    APU
    2304200001009002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanceville
    County
    Cullman
    State
    Alabama
    Longitude
    -86.7777
    Latitude
    34.0736
    CBSA code
    18980
    CBSA name
    CULLMAN, 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
    $5,780
    $0.00
    $0.00
    $186,440
    -
    $232,400
    $699,800
    $932,200

    Comparable in this City

    • Value Estimation by Request
      2,993 SF

      561 Al Hwy 69th S

      STORE/OFFICE (MIXED USE) • 2,993 SF
      561 Al Hwy 69th S, Hanceville, AL 35077-3403
      View Details
    • Value Estimation by Request
      2,160 SF

      Bangor Ave

      STORE/OFFICE (MIXED USE) • 2,160 SF
      Bangor Ave, Hanceville, AL 35077
      View Details
    • Value Estimation by Request
      5,000 SF

      201 Main SW St

      STORE/OFFICE (MIXED USE) • 5,000 SF
      201 Main SW St, Hanceville, AL 35077-5417
      View Details
    • Value Estimation by Request
      2,054 SF

      217 10th SE Ave

      STORE/OFFICE (MIXED USE) • 2,054 SF
      217 10th SE Ave, Hanceville, AL 35077-5399
      View Details
    • Value Estimation by Request
      2,060 SF

      885 Al Hwy 69th S

      STORE/OFFICE (MIXED USE) • 2,060 SF
      885 Al Hwy 69th S, Hanceville, AL 35077-3407
      View Details
    • Value Estimation by Request
      7,920 SF

      Al Hwy 69th S

      STORE/OFFICE (MIXED USE) • 7,920 SF
      Al Hwy 69th S, Hanceville, AL 35077
      View Details

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      Two-acre commercial lot, high traffic, Cullman annexation potential.
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    • $360,000
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      24 Acres of Unrestricted Land

      24-acre property near I-65, ideal for building or recreation.
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    Hwy 31st S
    Hanceville, AL 35077
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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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