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    Property profile & analytics

    8586 Hwy 31st N Morris, AL 35116-1242

    • Commercial land
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 20, 2022
    $20,000
    Location Intelligence
    Property ID
    US03-0885415
    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

    • Commercial land

    Property Details for 8586 Hwy 31st N

    Lot size
    0.23 lot acres
    Zone code
    A1
    Property type
    Commercial land
    APN
    07-00-02-4-000-010.004
    APU
    700024000010004

    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
    -86.8151
    Latitude
    33.7564
    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
    $78
    $1,320
    $0.00
    $1,320
    -
    $6,600
    $0.00
    $6,600

    Comparable in this City

    • Value Estimation by Request

      Morris, AL 35116

      VACANT COMMERCIAL LAND
      Morris, AL 35116
      View Details
    • Value Estimation by Request

      924 Jackson Trce Dr

      VACANT COMMERCIAL LAND
      924 Jackson Trce Dr, Morris, AL 35116-2507
      View Details
    • Value Estimation by Request

      917 Jackson Trce Dr

      VACANT COMMERCIAL LAND
      917 Jackson Trce Dr, Morris, AL 35116-2508
      View Details
    • Value Estimation by Request
      0.37 Acres

      8383 2nd N Ave

      VACANT COMMERCIAL LAND • 0.37 Acres
      8383 2nd N Ave, Morris, AL 35116-1444
      View Details
    • Value Estimation by Request
      1.80 Acres

      8234 4th Ave

      VACANT COMMERCIAL LAND • 1.80 Acres
      8234 4th Ave, Morris, AL 35116-1409
      View Details
    • Value Estimation by Request
      1.10 Acres

      6872 Blueberry Ln

      VACANT COMMERCIAL LAND • 1.10 Acres
      6872 Blueberry Ln, Morris, AL 35116-2321
      View Details

    Similar Nearby for Sale

    • $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
    • $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
    • $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
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    8586 Hwy 31st N
    Morris, AL 35116-1242
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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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