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    Property profile & analytics

    Hwy 97th S Letohatchee, AL 36047

    • Turn key restaurants
    • 10,000 SF
    • 8.03 lot acres
    OFF-MARKET
    Value Estimation
    $555,000
    Location Intelligence
    Property ID
    US03-2084007
    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

    • Turn key restaurants

    Property Details for Hwy 97th S

    Year built
    2003
    Lot size
    8.03 lot acres
    Property size
    10,000 SF
    Property type
    Turn key restaurants
    APN
    45 18 05 16 0 000 001.001
    APU
    451805160000001001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Letohatchee
    County
    Lowndes
    State
    Alabama
    Longitude
    -86.4578
    Latitude
    32.1075
    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
    $8,610
    $7,960
    $183,380
    $191,340
    -
    $39,840
    $1,198,440
    $1,238,280

    Comparable in this City

    • Value Estimation by Request
      1,196 SF

      2348 Us Hwy 31

      RESTAURANT • 1,196 SF
      2348 Us Hwy 31, Letohatchee, AL 36047-5110
      View Details
    • Value Estimation by Request
      1,800 SF

      10 Singleton Ln

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,800 SF
      10 Singleton Ln, Letohatchee, AL 36047
      View Details
    • Value Estimation by Request
      3,243 SF

      6598 Hickory Grv Rd

      CONVENIENCE STORE • 3,243 SF
      6598 Hickory Grv Rd, Letohatchee, AL 36047-5560
      View Details
    • Value Estimation by Request
      2,100 SF

      Chicken Pit Rd

      CONVENIENCE STORE • 2,100 SF
      Chicken Pit Rd, Letohatchee, AL 36047
      View Details
    • Value Estimation
      $250,000
      8,168 SF

      3720 Hwy 97

      CONVENIENCE STORE • 8,168 SF
      3720 Hwy 97, Letohatchee, AL 36047
      View Details
    • Value Estimation by Request
      1,144 SF

      Letohatchee, AL 36047

      CONVENIENCE STORE • 1,144 SF
      Letohatchee, AL 36047
      View Details

    Similar Nearby for Sale

    • $199,900
      24.04 Acres

      24-Acre Retreat Compound Opportunity

      Affordable 24-acre retreat with barn, pond, and home sites.
      3294 Brady Rd, Letohatchee, AL 36047
      View Details
    • Contact for pricing
      2.80 Acres

      Land with Mobile Home Potential

      2.8-acre land parcel in Letohatchee, Alabama, for sale.
      Mobile Hwy, Letohatchee, AL 36047
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    Hwy 97th S
    Letohatchee, AL 36047
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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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