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    Property profile & analytics

    Elba Hwy Troy, AL 36079

    • Assisted living facilities
    • 68,466 SF
    • 3.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2531416
    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

    • Assisted living facilities

    Property Details for Elba Hwy

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.03 lot acres
    Property size
    68,466 SF
    Zone code
    C
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    55 17 03 08 1 002 001.000
    APU
    551703081002001000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Pike
    State
    Alabama
    Longitude
    -85.9636
    Latitude
    31.7781
    CBSA code
    45980
    CBSA name
    TROY, 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
    $0.00
    $0.00
    $0.00
    $1,265,720
    -
    $236,300
    $6,092,260
    $6,328,560

    Comparable in this City

    • Value Estimation by Request
      6,616 SF

      Hwy 87

      HOMES (RETIRED, NURSING) • 6,616 SF
      Hwy 87, Troy, AL 36079
      View Details
    • Value Estimation by Request
      5,604 SF

      Hwy 87

      HOMES (RETIRED, NURSING) • 5,604 SF
      Hwy 87, Troy, AL 36079
      View Details
    • Value Estimation by Request
      13,855 SF

      Hwy 87

      MEDICAL BUILDING • 13,855 SF
      Hwy 87, Troy, AL 36079
      View Details
    • Value Estimation by Request
      4,878 SF

      Hwy 87

      MEDICAL BUILDING • 4,878 SF
      Hwy 87, Troy, AL 36079
      View Details
    • Value Estimation by Request
      2,265 SF

      399 Elba Hwy

      MEDICAL BUILDING • 2,265 SF
      399 Elba Hwy, Troy, AL 36079-5047
      View Details
    • Value Estimation by Request
      3,852 SF

      98 Oak Park Dr

      MEDICAL BUILDING • 3,852 SF
      98 Oak Park Dr, Troy, AL 36079-3085
      View Details

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      Residential lot in Troy's only gated subdivision, Palos Verdes.
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      Commercial Land on Highway 167

      1.34 acres near Troy, Alabama, with business potential.
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    • $480,000
      40.00 Acres

      40 Acres Vacant Land Troy

      40 acres of vacant land just outside of Troy City.
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    • $1,800,000

      Trojan Station RV Park

      Newly developed RV park near Troy University and Troy Sportsplex.
      2282 Al-87 Troy Al 36079, Troy, AL 36079
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    Similar Nearby for Lease

    • Contact for pricing
      104,496 SF

      111 Southland Dr

      Retail properties • 104,496 SF
      111 Southland Dr, Troy, AL 36079
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    • $3 SF/Yr
      104,496 SF

      Troy Retail Center For Rent

      104,496 SF shopping center in Troy, Alabama.
      111 Southland Vlg, Troy, AL 36079
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    • Contact for pricing
      45,600 SF

      Prime Troy Retail Space Available

      Publix-anchored center, high traffic, 45,600 SF
      1147 Us-231, Troy, AL 36079
      View Details
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    Elba Hwy
    Troy, AL 36079
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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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