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    Property profile & analytics

    County Rd 187 Lanett, AL 36863

    • Residential income homes
    • 3,000 SF
    • 7.10 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Location Intelligence
    Property ID
    US03-2643857
    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

    • Residential income homes

    Property Details for County Rd 187

    Year built
    1986
    Lot size
    7.10 lot acres
    Property size
    3,000 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    12-17-04-17-0-000-023.001
    APU
    121704170000023001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lanett
    County
    Chambers
    State
    Alabama
    Longitude
    -85.255
    Latitude
    32.8048
    CBSA code
    29300
    CBSA name
    LAGRANGE, GA-AL MICROPOLITAN 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
    $4,929
    $20
    $115,960
    $115,980
    -
    $0.00
    $579,062
    $579,062

    Comparable in this City

    • Value Estimation
      $470,000
      3,554 SF

      8th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,554 SF
      8th Ave, Lanett, AL 36863
      View Details
    • Value Estimation
      $255,000
      5,802 SF

      3rd Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,802 SF
      3rd Ave, Lanett, AL 36863
      View Details
    • Value Estimation
      $425,000
      2,488 SF

      212 Coutny Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,488 SF
      212 Coutny Rd, Lanett, AL 36863
      View Details
    • Value Estimation by Request
      4,923 SF

      1st SE St

      STORE/OFFICE (MIXED USE) • 4,923 SF
      1st SE St, Lanett, AL 36863
      View Details
    • Value Estimation
      $130,000
      612 SF

      104 Lanier Ave

      STORE/OFFICE (MIXED USE) • 612 SF
      104 Lanier Ave, Lanett, AL 36863-2014
      View Details
    • Value Estimation
      $200,000
      7,062 SF

      3006 Phillips Rd

      STORE/OFFICE (MIXED USE) • 7,062 SF
      3006 Phillips Rd, Lanett, AL 36863-6232
      View Details

    Similar Nearby for Sale

    • $300,000
      2,800 SF

      Lanett Commercial Lot & Buildings

      High-traffic location, established business, 3 acres
      2013 Veterans Mem. Pkwy, Lanett, AL 36863
      View Details
    • $95,000
      0.30 Acres

      Established Antique Store in Fredonia

      Charming antique store on 1.4 acres in Fredonia, AL.
      6070 County Road 222, Lanett, AL 36863
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      0.42 Acres

      Residential Lot in Austin Hills

      Residential lot available in Austin Hills Subdivision, Lanett, Alabama.
      13Th Ct SW, Lanett, AL 36863
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    • Contact for pricing
      0.35 Acres

      Residential Lot in Austin Hills

      0.35 acre lot in Austin Hills Subdivision.
      13 SW 13Th St, Lanett, AL 36863
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    • Contact for pricing
      1.00 Acre

      Residential Lots in Covington Subdivision

      Five residential lots for sale in Lanett, Alabama.
      Cambridge Ct, Lanett, AL 36863
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    • $300,000
      3.00 Acres

      Lanett Commercial/Industrial Land Available

      3-acre commercial/industrial land with utilities in Lanett, Alabama.
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      View Details
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    County Rd 187
    Lanett, AL 36863
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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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