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    Property profile & analytics

    Fort Payne, AL 35967

    • Turn key restaurants
    • 864 SF
    OFF-MARKET
    Value Estimation
    $120,000
    Last Sale
    May 15, 2023
    $145,000
    Location Intelligence
    Property ID
    US03-2605978
    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

    • Turn key restaurants

    Property Details for Fort

    Year built
    1989
    Property size
    864 SF
    Property type
    Turn key restaurants
    APN
    23-03-05-1-004-032.000
    APU
    2303051004032000

    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
    -85.706
    Latitude
    34.4605
    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
    $1,503
    $0.00
    $0.00
    $2,820
    -
    $13,780
    $300
    $14,080

    Comparable in this City

    • Value Estimation by Request
      4,700 SF

      Fort

      RESTAURANT • 4,700 SF
      Fort, Payne, AL 35967
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      2,040 SF

      Fort

      RESTAURANT • 2,040 SF
      Fort, Payne, AL 35967
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    • Value Estimation by Request
      3,820 SF

      Pizza Hut, Unit 2430

      RESTAURANT • 3,820 SF
      Pizza Hut, Fort Payne, AL 35967
      View Details
    • Value Estimation by Request
      1,968 SF

      Fort

      RESTAURANT • 1,968 SF
      Fort, Payne, AL 35967
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    • Value Estimation by Request
      1,880 SF

      Fort

      RESTAURANT • 1,880 SF
      Fort, Payne, AL 35967
      View Details
    • Value Estimation by Request
      2,506 SF

      105 County Rd 89

      RESTAURANT • 2,506 SF
      105 County Rd 89, Fort Payne, AL 35967-6124
      View Details

    Similar Nearby for Sale

    • $325,000
      0.56 Acres

      Fort Payne Commercial Opportunity

      Versatile commercial property in Fort Payne with high visibility.
      105 County Road 89, Fort Payne, AL 35967
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    • $325,000
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      Fort Payne Commercial Building For Sale

      2,496 sq ft commercial building in rapidly developing business district.
      1526 Gault Ave N, Fort Payne, AL 35967
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    • $100,000
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      Fort Payne Land with View

      Four-acre lot near DeSoto State Park with partial clearing.
      4200 Citadel Rock Rd, Fort Payne, AL 35967
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    • $37,500
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      Fort Payne Land with View

      1.33 acre elevated tract with rock formations and nice view.
      4235 Citadel Rock Rd, Fort Payne, AL 35967
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    • $187,900
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      Fort Payne Acreage Homesite Potential

      43.2 acres with recreation and homesite potential near Fort Payne.
      2 County Road 79, Fort Payne, AL 35967
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    • $72,900
      15.03 Acres

      Fort Payne Acreage Homesite Potential

      15.03 acres with recreation and homesite potential near Fort Payne.
      3 County Road 79, Fort Payne, AL 35967
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    Similar Nearby for Lease

    • $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
    • $525 /Mo

      Vacant Land For Mobile Home

      Vacant lots available for mobile home for rent.
      350 Sequoyah Dr, 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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