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    Property profile & analytics

    831 Andrew Lee Dr Henagar, AL 35978

    • Retail properties
    • 7,500 SF
    • 1.91 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 07, 2022
    Location Intelligence
    Property ID
    US03-2060479
    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

    • Retail properties

    Property Details for 831 Andrew Lee Dr

    Year built
    2001
    Lot size
    1.91 lot acres
    Property size
    7,500 SF
    Property type
    Retail properties
    APN
    09-03-07-0-001-006.008
    APU
    903070001006008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henagar
    County
    Dekalb
    State
    Alabama
    Longitude
    -85.7411
    Latitude
    34.6213
    CBSA code
    22840
    CBSA name
    FORT PAYNE, 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
    $2,522
    $0.00
    $0.00
    $62,260
    -
    $14,060
    $297,200
    $311,260

    Comparable in this City

    • Value Estimation by Request
      10,820 SF

      83411 Al Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 10,820 SF
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    • Value Estimation by Request
      3,500 SF

      Henagar, AL 35978

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,500 SF
      Henagar, AL 35978
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    • Value Estimation by Request
      200 SF

      16167 Al Hwy 117

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 200 SF
      16167 Al Hwy 117, Henagar, AL 35978-3736
      View Details
    • Value Estimation by Request
      3,480 SF

      40 Alabama St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,480 SF
      40 Alabama St, Henagar, AL 35978
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    • Value Estimation by Request
      5,000 SF

      7683 Burton Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,000 SF
      7683 Burton Dr, Henagar, AL 35978
      View Details
    • Value Estimation by Request
      10,500 SF

      AL-75 Rd

      Individual retail properties • 10,500 SF
      AL-75 Rd, Henagar, AL 35978
      View Details

    Similar Nearby for Sale

    • $1,648,900
      10,500 SF

      AL-75 Rd

      Individual retail properties • 10,500 SF
      AL-75 Rd, Henagar, AL 35978
      View Details
    • New
      $230,000
      1.17 Acres

      Henagar, AL Retail Building

      Commercial building with easy highway access in Henagar, Alabama.
      7129 Alabama Hwy, Henagar, AL 35978
      View Details
    • $199,900
      0.98 Acres

      Mixed-Use Property on Highway 40

      Mixed-use property with auto building and residential home on 0.98 acres.
      10187 Alabama Hwy, Henagar, AL 35978
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    • $104,500
      10.45 Acres

      Unrestricted Acreage Along Creek

      Unrestricted 10.45 acre property with creek access.
      40 Lots 1 Hwy, Henagar, AL 35978
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    • $375,000
      4.35 Acres

      Henagar, AL Commercial Land

      4.35 acre commercial lot near Hwy 75 and Hwy 40.
      17966 Alabama Hwy, Henagar, AL 35978
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    • $208,500
      20.44 Acres

      Henagar, Alabama Land For Sale

      20.44 acres of fenced pastureland and timber in DeKalb County.
      126 20.44 Ac County Rd, Henagar, AL 35978
      View Details
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    Henagar, AL 35978
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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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