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    Property profile & analytics

    Andalusia, AL 36421

    • Turn key restaurants
    • 5,725 SF
    • 8.50 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US03-2701197
    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

    • Turn key restaurants

    Property Details

    Year built
    2006
    Lot size
    8.50 lot acres
    Property size
    5,725 SF
    Property type
    Turn key restaurants
    APN
    23-12-08-33-0-000-007.000
    APU
    231208330000007000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Andalusia
    County
    Covington
    State
    Alabama
    Longitude
    -86.3589
    Latitude
    31.277

    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
    $2,454
    $4,760
    $86,100
    $90,860
    -
    $23,800
    $430,500
    $454,300

    Comparable in this City

    • Value Estimation by Request
      216 SF

      1790 3rd Notch St

      RESTAURANT • 216 SF
      1790 3rd Notch St, Andalusia, AL 36421-2402
      View Details
    • Value Estimation
      $395,000
      4,800 SF

      1842 3rd Notch St

      RESTAURANT • 4,800 SF
      1842 3rd Notch St, Andalusia, AL 36421-2404
      View Details
    • Value Estimation
      $405,000
      3,326 SF

      28979 Indigo Loop

      RESTAURANT • 3,326 SF
      28979 Indigo Loop, Andalusia, AL 36421-9217
      View Details
    • Value Estimation by Request
      2,752 SF

      Andalusia, AL 36421

      RETAIL STORES (PERSONAL SERVICES) • 2,752 SF
      Andalusia, AL 36421
      View Details
    • Value Estimation by Request
      2,288 SF

      Andalusia, AL 36421

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,288 SF
      Andalusia, AL 36421
      View Details
    • Value Estimation by Request
      1,406 SF

      29348 Antioch Rd

      CONVENIENCE STORE • 1,406 SF
      29348 Antioch Rd, Andalusia, AL 36421-5749
      View Details

    Similar Nearby for Sale

    • $3,200,000
      47,083 SF

      Retail Center with Anchor Tenants

      Fully occupied retail center anchored by Piggly Wiggly and Dollar Tree.
      1130 Martin Luther King Junior Expy, Andalusia, AL 36421
      View Details
    • $90,000
      0.72 Acres

      Commercial Land Near Gantt DG

      High-exposure commercial land parcel suitable for retail or food service.
      00 Highway 29 Byp N, Andalusia, AL 36421
      View Details
    • $129,000
      0.61 Acres

      Waterfront Land on Gantt Lake

      Undeveloped land with 101' waterfront on Gantt Lake.
      00 Twin Oaks Rd, Andalusia, AL 36421
      View Details
    • $228,000
      80.00 Acres

      Secluded Land with Hunting Potential

      80± acre property with recreational and investment potential.
      Bar M Farm Rd, Andalusia, AL 36421
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    • $108,000
      10.10 Acres

      Wooded Acreage in Desired Location

      Undeveloped land suitable for residential development in Andalusia, Alabama.
      00 Catherine Bailey Rd, Andalusia, AL 36421
      View Details
    • $65,900
      5.00 Acres

      5-Acre Vacant Land Parcel

      Vacant land with potential for home, mobile home, or mini-farm.
      18747 Harley Ln, Andalusia, AL 36421
      View Details

    Similar Nearby for Lease

    • $1,482,353

      New Andalusia Retail Investment Property

      New construction retail property in Andalusia, Alabama, available for lease.
      25332 Straughn School Rd, Andalusia, AL 36421
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space on Hwy 84

      Retail space with frontage on Hwy 84 and ample parking.
      Us Highway 84, Andalusia, AL 36421
      View Details
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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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