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    Property profile & analytics

    Cherokee, AL 35616

    • Commercial real estate
    • 1,048 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2721435
    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 real estate

    Property Details

    Year built
    1950
    Lot size
    2.00 lot acres
    Property size
    1,048 SF
    Property type
    Commercial real estate
    APN
    16-05-22-0-000-003.000
    APU
    1605220000003000

    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
    -87.9909
    Latitude
    34.6964
    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
    $0.00
    $0.00
    $0.00
    $6,580
    -
    $10,900
    $22,000
    $32,900

    Comparable in this City

    • Value Estimation by Request
      2,756 SF

      Cherokee, AL 35616

      COMMERCIAL (GENERAL) • 2,756 SF
      Cherokee, AL 35616
      View Details
    • Value Estimation by Request
      1,138 SF

      Cherokee, AL 35616

      COMMERCIAL (GENERAL) • 1,138 SF
      Cherokee, AL 35616
      View Details
    • Value Estimation by Request
      3,480 SF

      Cherokee, AL 35616

      COMMERCIAL (GENERAL) • 3,480 SF
      Cherokee, AL 35616
      View Details
    • Value Estimation by Request
      3,006 SF

      Cherokee, AL 35616

      COMMERCIAL (GENERAL) • 3,006 SF
      Cherokee, AL 35616
      View Details
    • Value Estimation by Request
      2,046 SF

      Cherokee, AL 35616

      COMMERCIAL (GENERAL) • 2,046 SF
      Cherokee, AL 35616
      View Details
    • Value Estimation by Request
      2,436 SF

      Old Hwy 72

      COMMERCIAL (GENERAL) • 2,436 SF
      Old Hwy 72, Cherokee, AL 35616
      View Details

    Similar Nearby for Sale

    • $899,900
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      Prime Commercial Property, Vacant, 2,638 SF
      1153 Haley Dr, Cherokee, AL 35616
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    • $140,000
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      Cherokee Commercial Building - Hwy 72

      High-traffic location, great potential. Detached garage included.
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    • $119,000
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      50 acres perfect for hunting, recreation, or building a home.
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      Prime .5-acre lakefront land, ready to build.
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    • Contact for pricing
      0.80 Acres

      Wooded Lot in Cherokee, Alabama

      0.8-acre wooded lot perfect for building a dream home.
      8 Adams St, Cherokee, AL 35616
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    • $37,900
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      Cherokee, AL Vacant Land

      7 acres of land suitable for hunting or weekend getaway.
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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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