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    Property profile & analytics

    Chestnut St Roanoke, AL 36274

    • Retail space
    • 6,996 SF
    • 5.23 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US03-2457612
    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

    • Retail space

    Property Details for Chestnut St

    Year built
    1950
    Lot size
    5.23 lot acres
    Property size
    6,996 SF
    Property type
    Retail space
    APN
    56 21 02 03 0 001 003.000
    APU
    562102030001003000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $270,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $315,000
      Mixed-Use
      $305,000
      Hospitality
      $235,000
      Educational
      $310,000
      Residential Income
      $275,000
      Energy
      $310,000
      Income-Based Land
      $285,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Randolph
    State
    Alabama
    Longitude
    -85.3812
    Latitude
    33.1345

    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
    $1,957
    $4,300
    $27,120
    $31,420
    -
    $23,012
    $209,951
    $232,963

    Comparable in this City

    • Value Estimation by Request
      1,682 SF

      306 College St

      RETAIL STORES (PERSONAL SERVICES) • 1,682 SF
      306 College St, Roanoke, AL 36274-1627
      View Details
    • Value Estimation by Request
      560 SF

      2247 County Rd 239

      RETAIL STORES (PERSONAL SERVICES) • 560 SF
      2247 County Rd 239, Roanoke, AL 36274-6287
      View Details
    • Value Estimation by Request
      2,520 SF

      1710 County Rd 61

      RETAIL STORES (PERSONAL SERVICES) • 2,520 SF
      1710 County Rd 61, Roanoke, AL 36274
      View Details
    • Value Estimation by Request
      1,848 SF

      65394 Hwy 22

      RETAIL STORES (PERSONAL SERVICES) • 1,848 SF
      65394 Hwy 22, Roanoke, AL 36274
      View Details
    • Value Estimation by Request
      624 SF

      1006 Main St

      RETAIL STORES (PERSONAL SERVICES) • 624 SF
      1006 Main St, Roanoke, AL 36274-1321
      View Details
    • Value Estimation by Request
      2,912 SF

      954 Main St, Unit 956

      RETAIL STORES (PERSONAL SERVICES) • 2,912 SF
      954 Main St, Roanoke, AL 36274-1478
      View Details

    Similar Nearby for Sale

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      High-Traffic Roanoke Retail Space

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      0.61 Acres

      Roanoke Building Lot For Sale

      Building lot with utilities available in downtown Roanoke, Alabama.
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    • $750,000
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    Chestnut St
    Roanoke, AL 36274
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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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