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    Property profile & analytics

    Bessemer, AL 35023

    • Investment properties
    • 1,715 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    $95,000
    Last Sale
    Feb 28, 2024
    $90,977
    Location Intelligence
    Property ID
    US03-2849854
    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

    Year built
    1960
    Lot size
    1.07 lot acres
    Property size
    1,715 SF
    Zone code
    C1C3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    19-00-23-0-000-001.007
    APU
    1900230000001007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $90,000

    • CAP approach

      CAP return
      Estimation
      6%
      $100,000
      6.5%
      $105,000
      7%
      $100,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $110,000
      Geo Method
      $95,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $105,000
      Retail
      $95,000
      Mixed-Use
      $85,000
      Hospitality
      $100,000
      Educational
      $115,000
      Residential Income
      $90,000
      Energy
      $95,000
      Income-Based Land
      $110,000
      Food Service
      $105,000

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Jefferson
    State
    Alabama
    Longitude
    -87.1283
    Latitude
    33.5519
    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
    $475
    $2,680
    $9,420
    $12,100
    -
    $13,400
    $47,100
    $60,500

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      903 Allison Bonnett Memorial Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,200 SF
      903 Allison Bonnett Memorial Dr, Bessemer, AL 35023
      View Details
    • Value Estimation
      $520,000
      9,430 SF

      208 Frst Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 9,430 SF
      208 Frst Rd, Bessemer, AL 35023-1614
      View Details
    • Value Estimation
      $595,000
      9,562 SF

      3041 Allison Bonnett Memorial Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 9,562 SF
      3041 Allison Bonnett Memorial Dr, Bessemer, AL 35023-2364
      View Details
    • Value Estimation
      $195,000
      9,348 SF

      1185 Alliance Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 9,348 SF
      1185 Alliance Rd, Bessemer, AL 35023-7245
      View Details
    • Value Estimation
      $320,000
      7,309 SF

      933 Allison Bonnett Memorial Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 7,309 SF
      933 Allison Bonnett Memorial Dr, Bessemer, AL 35023-1832
      View Details
    • Value Estimation
      $325,000
      6,954 SF

      1292 Hueytown Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,954 SF
      1292 Hueytown Rd, Bessemer, AL 35023-2633
      View Details

    Similar Nearby for Sale

    • $400,000
      5.17 Acres

      Hueytown Warehouse on 5+ Acres

      18,000+ sqft warehouse with offices, showroom, and loading docks.
      800 Dee Hendrix Rd, Bessemer, AL 35023
      View Details
    • $69,000
      2.00 Acres

      Warrior River Paradise Land

      Two-acre property along the Warrior River, perfect for weekend getaways.
      101 Kitty Branch Ln, Bessemer, AL 35023
      View Details
    • Contact for pricing
      0.19 Acres

      Residential Lot in Growing Community

      Residential lot in Bessemer, AL, near shopping centers.
      107 Chapel Dr, Bessemer, AL 35023
      View Details
    • Contact for pricing
      0.50 Acres

      BESSEMER Land For Sale

      Half-acre property in BESSEMER, AL, ready for development.
      216 Pinewood Ave, Bessemer, AL 35023
      View Details
    • Contact for pricing

      Land with Development Potential

      Land suitable for residential development or subdivision.
      1296 Powder Plant Rd, Bessemer, AL 35023
      View Details
    • $45,000
      0.40 Acres

      Waterfront Land with Septic Tank

      Unrestricted deeded land with waterfront, septic, and water tap.
      175 Glaze Creek Rd, Bessemer, AL 35023
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,984 SF

      Retail/Medical Space Sublease Opportunity

      3,304 SF retail/medical space in high-traffic Hueytown corridor.
      2731 Allison-Bonnett Memorial Dr, Hueytown, AL 35023
      View Details
    • $10 SF/Yr
      2,215 SF

      Hueytown Retail Space For Rent

      Retail space available on Forest Road in Hueytown, Alabama.
      246-270 Forest Rd, Bessemer, AL 35023
      View Details
    • Contact for pricing

      Land Near River Square Plaza

      Approximately 2.29 acres available for lease or build-to-suit.
      235 Forest Rd, Bessemer, AL 35023
      View Details
    • $10 SF/Yr
      1,860 SF

      Retail Space on Forest Road

      Retail space with prominent visibility and ample parking available for rent.
      273 Forest Rd, Bessemer, AL 35023
      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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