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    Property profile & analytics

    Hwy 140 Elrod, AL 35458

    • Retail properties
    • 2,250 SF
    • 10.00 lot acres
    OFF-MARKET
    Value Estimation
    $80,000
    Last Sale
    Mar 21, 2025
    $112,000
    Location Intelligence
    Property ID
    US03-2150959
    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 properties

    Property Details for Hwy 140

    Year built
    1975
    Construction
    STEEL FRAME
    Lot size
    10.00 lot acres
    Property size
    2,250 SF
    Property type
    Retail properties
    APN
    18-09-30-0-000-021.001
    APU
    1809300000021001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elrod
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.8222
    Latitude
    33.2801
    CBSA code
    46220
    CBSA name
    TUSCALOOSA, AL METROPOLITAN 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
    $2,724
    $11,320
    $91,200
    $102,520
    -
    $56,600
    $456,000
    $512,600

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      17704 Hwy 140

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,500 SF
      17704 Hwy 140, Elrod, AL 35458-2601
      View Details
    • Value Estimation by Request

      18291 Highway 140

      Commercial real estate
      18291 Highway 140, Elrod, AL 35458
      View Details
    • Value Estimation
      $370,000
      5,570 SF

      17945 Hwy 82

      OFFICE/RESIDENTIAL (MIXED USE) • 5,570 SF
      17945 Hwy 82, Elrod, AL 35458-2425
      View Details
    • Value Estimation by Request
      2,500 SF

      12756 Echola Rd

      Commercial real estate • 2,500 SF
      12756 Echola Rd, Elrod, AL 35458
      View Details
    • Value Estimation by Request
      3,600 SF

      14886 Boyd Rd

      WAREHOUSE, STORAGE • 3,600 SF
      14886 Boyd Rd, Elrod, AL 35458-2212
      View Details
    • Value Estimation by Request
      2,500 SF

      Echola Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,500 SF
      Echola Rd, Elrod, AL 35458
      View Details

    Similar Nearby for Sale

    • $149,900
      2,500 SF

      High-Visibility Elrod Commercial Property

      Prime Hwy 82 location, 2500 sq ft building.
      12756 Echola Rd, Elrod, AL 35458
      View Details
    • $329,900

      Highway 140 Mobile Home Park

      Established Mobile Home Park - Great Income!
      18291 Highway 140, Elrod, AL 35458
      View Details
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    Hwy 140
    Elrod, AL 35458
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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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