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    Property profile & analytics

    8059 U S Hwy 31 Hanceville, AL 35077-7143

    • Drive through restaurants
    • 2,091 SF
    • 21.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1062971
    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

    • Drive through restaurants

    Property Details for 8059 U S Hwy 31

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    21.00 lot acres
    Property size
    2,091 SF
    Property type
    Drive through restaurants
    APN
    22-01-12-0-001-038.000
    APU
    2201120001038000

    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
    -86.8039
    Latitude
    34.0951
    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
    $2,667
    $0.00
    $0.00
    $102,560
    -
    $209,600
    $337,800
    $547,400

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      814 Main NE St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,800 SF
      814 Main NE St, Hanceville, AL 35077-5461
      View Details
    • Value Estimation by Request
      1,716 SF

      720 Main NE St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,716 SF
      720 Main NE St, Hanceville, AL 35077-5463
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    • Value Estimation by Request
      2,796 SF

      Al Hwy 69th S

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,796 SF
      Al Hwy 69th S, Hanceville, AL 35077
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    • Value Estimation by Request
      2,790 SF

      702 Main NE St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,790 SF
      702 Main NE St, Hanceville, AL 35077-5463
      View Details
    • Value Estimation by Request
      3,087 SF

      812 Main NE St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,087 SF
      812 Main NE St, Hanceville, AL 35077-5461
      View Details
    • Value Estimation by Request
      3,353 SF

      740 Main NE St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,353 SF
      740 Main NE St, Hanceville, AL 35077-5463
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,600 SF

      Hanceville Flex Space - 10,600 SF

      Alabama Flex Warehouse, 85 Parking Spaces
      306 Main St, Hanceville, AL 35077
      View Details
    • $99,900
      0.72 Acres

      Hanceville Commercial Land Opportunity

      0.72-acre lot, prime commercial location.
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    • $1,194,900
      1,648 SF

      Hanceville Commercial Property - 7 Acres

      Established Business, 5 Buildings, I-65 Access
      3694 Co Rd, Hanceville, AL 35077
      View Details
    • $375,000
      3.00 Acres

      Hwy 31 Commercial Land - Hanceville, AL

      High-visibility, pad-ready commercial land.
      9410 Hwy, Hanceville, AL 35077
      View Details
    • $549,000
      2.00 Acres

      Hanceville Commercial Land - High Visibility

      Two-acre commercial lot, high traffic, Cullman annexation potential.
      8861 Hwy, Hanceville, AL 35077
      View Details
    • $360,000
      24.00 Acres

      24 Acres of Unrestricted Land

      24-acre property near I-65, ideal for building or recreation.
      24ac County Road 501, Hanceville, AL 35077
      View Details
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    8059 U S Hwy 31
    Hanceville, AL 35077-7143
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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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