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    Property profile & analytics

    Hwy 231 Wetumpka, AL 36093

    • Retail properties
    • 5,000 SF
    • 1.37 lot acres
    OFF-MARKET
    Value Estimation
    $535,000
    Location Intelligence
    Property ID
    US03-1119886
    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 231

    Year built
    1997
    Lot size
    1.37 lot acres
    Property size
    5,000 SF
    Property type
    Retail properties
    APN
    24-03-07-0-001-024.001
    APU
    2403070001024001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wetumpka
    County
    Elmore
    State
    Alabama
    Longitude
    -86.1906
    Latitude
    32.4641
    CBSA code
    33860
    CBSA name
    MONTGOMERY, 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
    $3,957
    $432,660
    $210,120
    $642,780
    -
    $432,660
    $210,120
    $642,780

    Comparable in this City

    • Value Estimation by Request
      1,014 SF

      162 Dogwood Rdg Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,014 SF
      162 Dogwood Rdg Dr, Wetumpka, AL 36093-1927
      View Details
    • Value Estimation by Request
      3,374 SF

      98 Mathis Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,374 SF
      98 Mathis Rd, Wetumpka, AL 36093
      View Details
    • Value Estimation by Request
      2,000 SF

      2397 Us Hwy 231

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,000 SF
      2397 Us Hwy 231, Wetumpka, AL 36093-1213
      View Details
    • Value Estimation
      $440,000
      2,072 SF

      145 Wildwood Ln

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,072 SF
      145 Wildwood Ln, Wetumpka, AL 36093-2401
      View Details
    • Value Estimation
      $395,000
      1,350 SF

      1745 Us Hwy 231

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,350 SF
      1745 Us Hwy 231, Wetumpka, AL 36093-1257
      View Details
    • Value Estimation by Request
      1,000 SF

      2217 Us-231

      Office Properties & Spaces • 1,000 SF
      2217 Us-231, Wetumpka, AL 36093
      View Details

    Similar Nearby for Sale

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      1.54 Acres

      Elmore, AL Land Parcel

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      2.10 Acres

      2.1 Acres Vacant Land Homesite

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    Hwy 231
    Wetumpka, AL 36093
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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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