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    Property profile & analytics

    Hwy 231 Troy, AL 36081

    • Industrial properties
    • 33,907 SF
    • 4.54 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2198266
    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

    • Industrial properties

    Property Details for Hwy 231

    Year built
    1952
    Lot size
    4.54 lot acres
    Property size
    33,907 SF
    Zone code
    C
    Property type
    Industrial properties
    APN
    55 17 03 05 2 001 003.000
    APU
    551703052001003000

    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
    -85.9719
    Latitude
    31.7904
    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
    $12,361
    $0.00
    $0.00
    $334,540
    -
    $364,000
    $1,308,660
    $1,672,660

    Comparable in this City

    • Value Estimation by Request
      15,048 SF

      Hwy 231st S

      HEAVY INDUSTRIAL • 15,048 SF
      Hwy 231st S, Troy, AL 36081
      View Details
    • Value Estimation by Request
      37,500 SF

      Troy, AL 36081

      HEAVY INDUSTRIAL • 37,500 SF
      Troy, AL 36081
      View Details
    • Value Estimation by Request
      6,400 SF

      Troy, AL 36081

      HEAVY INDUSTRIAL • 6,400 SF
      Troy, AL 36081
      View Details
    • Value Estimation by Request
      27,052 SF

      1101 Brundidge Blvd

      HEAVY INDUSTRIAL • 27,052 SF
      1101 Brundidge Blvd, Troy, AL 36081-3111
      View Details
    • Value Estimation by Request
      2,806 SF

      1438 3rd Notch St

      WAREHOUSE, STORAGE • 2,806 SF
      1438 3rd Notch St, Troy, AL 36081-2845
      View Details
    • Value Estimation by Request
      5,000 SF

      718 3rd Notch St

      WAREHOUSE, STORAGE • 5,000 SF
      718 3rd Notch St, Troy, AL 36081-2714
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      123,860 SF

      Student Housing Community Near Troy

      Purpose-built student housing community located one mile from Troy University.
      826 S 3 Notch St, Troy, AL 36081
      View Details
    • $650,000
      7,504 SF

      Troy Commercial Corner Property

      Highly visible commercial property on 2+/- acres in Troy.
      101 N And W Fairview St, Troy, AL 36081
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    • $85,000
      6.10 Acres

      Land with Pond in Troy

      6.1 acres with pond, suitable for building a home.
      Martha George Hall Dr, Troy, AL 36081
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    • Contact for pricing
      0.35 Acres

      Vacant Lot in Bonanza Estates

      Vacant land available in Troy, Alabama's Bonanza Estates.
      Arrowhead Dr, Troy, AL 36081
      View Details
    • $37,500
      0.36 Acres

      Residential Lots on Forest Ave

      Two residential lots suitable for building a single-family home.
      100 W Forest Ave, Troy, AL 36081
      View Details
    • $175,000
      4,530 SF

      Troy Commercial Property For Sale

      Commercial property in Troy, Alabama, suitable for various businesses.
      2006 N 3 Notch St, Troy, AL 36081
      View Details

    Similar Nearby for Lease

    • $33 SF/Yr
      9,000 SF

      Troy University Retail Center

      Prime Retail Space, High Traffic
      701 Brundidge Blvd, Troy, AL 36081
      View Details
    • Contact for pricing

      Retail Space on US Highway

      Retail space available on a busy highway near medical center.
      1327-1333 Us-231, Troy, AL 36081
      View Details
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    Hwy 231
    Troy, AL 36081
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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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