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    Property profile & analytics

    Hwy 278 Addison, AL 35540

    • Retail properties
    • 1,219 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2570764
    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 278

    Year built
    1962
    Lot size
    2.00 lot acres
    Property size
    1,219 SF
    Property type
    Retail properties
    APN
    67 10 03 07 0 000 013.000
    APU
    671003070000013000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Winston
    State
    Alabama
    Longitude
    -87.2076
    Latitude
    34.1894

    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
    $282
    $0.00
    $0.00
    $10,060
    -
    $22,500
    $27,800
    $50,300

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      Addison, AL 35540

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,600 SF
      Addison, AL 35540
      View Details
    • Value Estimation by Request
      2,642 SF

      Addison, AL 35540

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,642 SF
      Addison, AL 35540
      View Details
    • Value Estimation by Request
      1,500 SF

      34689 Hwy 278

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,500 SF
      34689 Hwy 278, Addison, AL 35540-4315
      View Details
    • Value Estimation by Request
      1,600 SF

      Addison, AL 35540

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,600 SF
      Addison, AL 35540
      View Details
    • Value Estimation by Request
      1,800 SF

      Addison, AL 35540

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,800 SF
      Addison, AL 35540
      View Details
    • Value Estimation by Request
      3,952 SF

      Addison, AL 35540

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,952 SF
      Addison, AL 35540
      View Details

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      Addison Commercial Building - Huge Potential

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    Hwy 278
    Addison, AL 35540
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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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