Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8381 Old Hwy 31 Morris, AL 35116-1230

    • Retail properties
    • 3,200 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    May 26, 2020
    Location Intelligence
    Property ID
    US03-0847770
    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

    • Archer Cabinets & Countertops / Cabinet Maker / Countertop Store

    Property Details for 8381 Old Hwy 31

    Year built
    2002
    Lot size
    0.24 lot acres
    Property size
    3,200 SF
    Zone code
    B
    Property type
    Retail properties
    APN
    07-00-12-2-000-005.010
    APU
    700122000005010

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morris
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8102
    Latitude
    33.7513
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN 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
    2022
    $1,389
    $3,640
    $21,340
    $24,980
    -
    $18,200
    $106,700
    $124,900

    Comparable in this City

    • Value Estimation
      $100,000
      2,250 SF

      618 Glennwood Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,250 SF
      618 Glennwood Rd, Morris, AL 35116
      View Details
    • Value Estimation by Request
      5,296 SF

      8375 Old Hwy 31

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,296 SF
      8375 Old Hwy 31, Morris, AL 35116
      View Details
    • Value Estimation
      $290,000
      3,200 SF

      8379 Old Hwy 31

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,200 SF
      8379 Old Hwy 31, Morris, AL 35116-1230
      View Details
    • Value Estimation
      $370,000
      7,274 SF

      8365 Old Hwy 31

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 7,274 SF
      8365 Old Hwy 31, Morris, AL 35116-1230
      View Details
    • Value Estimation by Request
      3,000 SF

      1830 Glennwood Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,000 SF
      1830 Glennwood Rd, Morris, AL 35116-1935
      View Details
    • Value Estimation by Request
      15,000 SF

      8301 Us-31

      Neighborhood centers • 15,000 SF
      8301 Us-31, Morris, AL 35116
      View Details

    Similar Nearby for Sale

    • $150,000

      Updated Home on Serene Lot

      Renovated 3-bedroom home on a spacious 3-acre lot.
      2224 Morris Majestic Rd, Morris, AL 35116
      View Details
    • $175,000
      13.34 Acres

      Land For Sale in Morris

      13.34 acres of land in Morris, Alabama.
      2011 Mccay Dr, Morris, AL 35116
      View Details
    • $309,900
      1,840 SF

      Residential Property with Outdoor Space

      Residential property featuring ample space for outdoor activities and relaxation.
      6704 Castle Heights Rd, Morris, AL 35116
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space on Highway 31

      Retail space with excellent visibility on Highway 31.
      8301 Highway 31 N, Morris, AL 35116
      View Details
    • Contact for pricing
      15,000 SF

      Morris Market Retail Center

      Alabama Strip Mall - Two Suites Available
      8301 Us-31, Morris, AL 35116
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8381 Old Hwy 31
    Morris, AL 35116-1230
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.