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    Property profile & analytics

    Hwy 231 Troy, AL 36081

    • Warehouses
    • 2,961 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2349215
    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

    • Warehouses

    Property Details for Hwy 231

    Year built
    1991
    Lot size
    1.00 lot acres
    Property size
    2,961 SF
    Zone code
    S
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    55 17 02 04 3 007 001.002
    APU
    551702043007001002

    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
    -85.9597
    Latitude
    31.7829
    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
    $2,550
    $0.00
    $0.00
    $69,000
    -
    $45,000
    $300,000
    $345,000

    Comparable in this City

    • Value Estimation by Request
      3,500 SF

      605 Park St

      MINI-WAREHOUSE, STORAGE • 3,500 SF
      605 Park St, Troy, AL 36081
      View Details
    • Value Estimation by Request
      2,700 SF

      Wiley

      MINI-WAREHOUSE, STORAGE • 2,700 SF
      Wiley, Troy, AL 36081
      View Details
    • Value Estimation by Request
      2,400 SF

      513th S Brundidge St

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      513th S Brundidge St, Troy, AL 36081-3333
      View Details
    • Value Estimation by Request
      3,750 SF

      Troy, AL 36081

      MINI-WAREHOUSE, STORAGE • 3,750 SF
      Troy, AL 36081
      View Details
    • Value Estimation by Request
      4,800 SF

      409 Walnut St

      MINI-WAREHOUSE, STORAGE • 4,800 SF
      409 Walnut St, Troy, AL 36081-3401
      View Details
    • Value Estimation
      $125,000
      1,518 SF

      110 Trojan Way

      MINI-WAREHOUSE, STORAGE • 1,518 SF
      110 Trojan Way, Troy, AL 36081
      View Details

    Similar Nearby for Sale

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      Vacant land available in Troy, Alabama's Bonanza Estates.
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      Vacant land available in Troy, Alabama.
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      1.00 Acre

      Troy, AL Vacant Commercial Land

      One acre commercial lot available in Troy, Alabama.
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    • $105,000
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      Prime Land Near Fairgrounds

      5.5 acres on Hwy 231, ideal for development.
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      Troy Commercial Property For Sale

      Commercial property in Troy, Alabama, suitable for various businesses.
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    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
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      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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