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    Property profile & analytics

    Cherokee, AL 35616

    • Turn key restaurants
    • 1,811 SF
    • 7.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2372310
    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
    1986
    Lot size
    7.00 lot acres
    Property size
    1,811 SF
    Property type
    Turn key restaurants
    APN
    04-07-26-0-000-012.001
    APU
    407260000012001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cherokee
    County
    Colbert
    State
    Alabama
    Longitude
    -88.08
    Latitude
    34.7744
    CBSA code
    22520
    CBSA name
    FLORENCE-MUSCLE SHOALS, 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
    $997
    $0.00
    $0.00
    $29,900
    -
    $24,900
    $124,600
    $149,500

    Comparable in this City

    • Value Estimation by Request
      2,008 SF

      11995 Hwy 72

      RESTAURANT • 2,008 SF
      11995 Hwy 72, Cherokee, AL 35616-4719
      View Details
    • Value Estimation
      $1,595,000
      2,032 SF

      8491 Hwy 72

      RESTAURANT • 2,032 SF
      8491 Hwy 72, Cherokee, AL 35616-4407
      View Details
    • Value Estimation
      $90,000
      2,040 SF

      8740 Hwy 72

      RESTAURANT • 2,040 SF
      8740 Hwy 72, Cherokee, AL 35616-4452
      View Details
    • Value Estimation by Request
      2,320 SF

      3680 Old Lee Hwy

      RESTAURANT • 2,320 SF
      3680 Old Lee Hwy, Cherokee, AL 35616-7344
      View Details
    • Value Estimation by Request
      2,202 SF

      Cherokee, AL 35616

      RESTAURANT • 2,202 SF
      Cherokee, AL 35616
      View Details
    • Value Estimation by Request
      2,420 SF

      8470 Hwy 72

      RESTAURANT • 2,420 SF
      8470 Hwy 72, Cherokee, AL 35616-4403
      View Details

    Similar Nearby for Sale

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      Prime Commercial Property, Vacant, 2,638 SF
      1153 Haley Dr, Cherokee, AL 35616
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    • $44,900
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      Waterfront Lot in Gated Community

      Interior lot with lake view, ready for your dream home.
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    • $34,500
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      Highway 72 Vacant Land

      2.90 acre unrestricted lot with high visibility on Highway 72.
      01 Highway 72, Cherokee, AL 35616
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    • Contact for pricing
      3.00 Acres

      Unrestricted Land in Cherokee, AL

      Three acres of unrestricted land suitable for building or recreation.
      1220 Gilbert Ln, Cherokee, AL 35616
      View Details
    • $119,000
      50.00 Acres

      Secluded Land for Recreation, Homesite

      50 acres perfect for hunting, recreation, or building a home.
      000 Maud Rd, Cherokee, AL 35616
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    • $135,000
      0.50 Acres

      Pickwick Lake Waterfront Lot

      Prime .5-acre lakefront land, ready to build.
      520 Shackelford Rd, Cherokee, AL 35616
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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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