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    Property profile & analytics

    8509 Hwy 188 Coden, AL 36523

    • Investment properties
    • 1,966 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 18, 2025
    $37,352
    Location Intelligence
    Property ID
    US03-0643197
    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 8509 Hwy 188

    Year built
    1986
    Lot size
    0.41 lot acres
    Property size
    1,966 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    44 07 38 0 007 093.02X
    APU
    440738000709302X

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coden
    County
    Mobile
    State
    Alabama
    Longitude
    -88.2424
    Latitude
    30.3855
    CBSA code
    33660
    CBSA name
    MOBILE, 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
    2023
    $407
    $2,120
    $4,720
    $6,840
    -
    $10,600
    $23,600
    $34,200

    Comparable in this City

    • Value Estimation by Request
      2,343 SF

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      STORE/OFFICE (MIXED USE) • 2,343 SF
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    • Value Estimation by Request
      1,390 SF

      3412 Hwy 188

      STORE/OFFICE (MIXED USE) • 1,390 SF
      3412 Hwy 188, Coden, AL 36523
      View Details
    • Value Estimation
      $415,000
      3,669 SF

      16871 Dauphin Is Pkwy

      STORE/OFFICE (MIXED USE) • 3,669 SF
      16871 Dauphin Is Pkwy, Coden, AL 36523
      View Details
    • Value Estimation by Request
      1,804 SF

      12347 Raynell Ave

      STORE/OFFICE (MIXED USE) • 1,804 SF
      12347 Raynell Ave, Coden, AL 36523
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    • Value Estimation by Request
      1,824 SF

      14950 Bellingrath Rd

      STORE/OFFICE (MIXED USE) • 1,824 SF
      14950 Bellingrath Rd, Coden, AL 36523-3344
      View Details
    • Value Estimation by Request
      4,150 SF

      8401 Hwy 188

      STORE/OFFICE (MIXED USE) • 4,150 SF
      8401 Hwy 188, Coden, AL 36523-3059
      View Details

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    8509 Hwy 188
    Coden, AL 36523
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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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