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    Property profile & analytics

    Fort Payne, AL 35967

    • Apartment buildings
    • 84,637 SF
    • 3.60 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 07, 2021
    Location Intelligence
    Property ID
    US03-2465633
    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

    • Apartment buildings

    Property Details for Fort

    Year built
    1900
    Lot size
    3.60 lot acres
    Property size
    84,637 SF
    Property type
    Apartment buildings
    APN
    23-03-05-4-003-002.000
    APU
    2303054003002000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Payne
    County
    Dekalb
    State
    Alabama
    Longitude
    -85.7139
    Latitude
    34.4547
    CBSA code
    22840
    CBSA name
    FORT PAYNE, 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
    $6,100
    -
    $30,540
    $0.00
    $30,540

    Comparable in this City

    • Value Estimation by Request
      2,323 SF

      Fort

      APARTMENT HOUSE (5+ UNITS) • 2,323 SF
      Fort, Payne, AL 35967
      View Details
    • Value Estimation by Request
      700 SF

      Fort

      APARTMENT HOUSE (5+ UNITS) • 700 SF
      Fort, Payne, AL 35967
      View Details
    • Value Estimation by Request
      2,448 SF

      Fort

      APARTMENT HOUSE (5+ UNITS) • 2,448 SF
      Fort, Payne, AL 35967
      View Details
    • Value Estimation by Request
      2,086 SF

      Fort

      APARTMENT HOUSE (5+ UNITS) • 2,086 SF
      Fort, Payne, AL 35967
      View Details
    • Value Estimation by Request
      4,060 SF

      Fort

      APARTMENT HOUSE (5+ UNITS) • 4,060 SF
      Fort, Payne, AL 35967
      View Details
    • Value Estimation by Request
      1,988 SF

      Fort

      APARTMENT HOUSE (5+ UNITS) • 1,988 SF
      Fort, Payne, AL 35967
      View Details

    Similar Nearby for Sale

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      Henagar Investment Property For Sale

      Commercial property with three rental units, offering immediate income.
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      Fort Payne Income Property

      Two-unit apartment building in Fort Payne, Alabama.
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      2021 Home on 10 Acres

      2021 manufactured home on 10 acres with creek.
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      Fort Payne Acreage For Sale

      30 acres of land with mild restrictions in Fort Payne.
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    • $299,000
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      Fort Payne Acreage For Sale

      12 acre land parcel available in Fort Payne, Alabama.
      4146 Alabama Hwy, Fort Payne, AL 35967
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    Similar Nearby for Lease

    • $525 /Mo

      Vacant Land For Mobile Home

      Vacant lots available for mobile home for rent.
      350 Sequoyah Dr, Fort Payne, AL 35967
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    • $2,500 /Mo

      Fort Payne Restaurant Space Available

      Restaurant space available for rent in Fort Payne, Alabama.
      904 Gault Ave, Fort Payne, AL 35967
      View Details
    • $3,500 /Mo

      Fort Payne Restaurant Space

      Restaurant space available for lease in Fort Payne, Alabama.
      2605 NW Greenhill Blvd, Fort Payne, AL 35967
      View Details
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    Payne, AL 35967
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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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