Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Intersection Hwy 231 Arab, AL 35016

    • Grocery and convenience stores
    • 2,205 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1588043
    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

    • Grocery and convenience stores

    Property Details for Intersection Hwy 231

    Year built
    1951
    Lot size
    0.60 lot acres
    Property size
    2,205 SF
    Property type
    Grocery and convenience stores
    APN
    12-01-11-0-001-025.001
    APU
    1201110001025001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arab
    County
    Cullman
    State
    Alabama
    Longitude
    -86.4951
    Latitude
    34.271
    CBSA code
    18980
    CBSA name
    CULLMAN, 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
    $485
    $0.00
    $0.00
    $18,640
    -
    $8,200
    $85,000
    $93,200

    Comparable in this City

    • Value Estimation
      $390,000
      1,705 SF

      510 Brindlee Mtn Pkwy

      CONVENIENCE STORE • 1,705 SF
      510 Brindlee Mtn Pkwy, Arab, AL 35016-1069
      View Details
    • Value Estimation
      $370,000
      1,800 SF

      8640 Us Hwy 231

      CONVENIENCE STORE • 1,800 SF
      8640 Us Hwy 231, Arab, AL 35016-5110
      View Details
    • Value Estimation
      $485,000
      2,501 SF

      8220 Al Hwy 69

      CONVENIENCE STORE • 2,501 SF
      8220 Al Hwy 69, Arab, AL 35016-3852
      View Details
    • Value Estimation
      $480,000
      2,400 SF

      1101 Brindlee Mtn Pkwy

      CONVENIENCE STORE • 2,400 SF
      1101 Brindlee Mtn Pkwy, Arab, AL 35016-1060
      View Details
    • Value Estimation by Request
      1,500 SF

      1010 Cullman Rd

      CONVENIENCE STORE • 1,500 SF
      1010 Cullman Rd, Arab, AL 35016-1859
      View Details
    • Value Estimation
      $405,000
      2,400 SF

      8191 Al Hwy 69

      CONVENIENCE STORE • 2,400 SF
      8191 Al Hwy 69, Arab, AL 35016-3812
      View Details

    Similar Nearby for Sale

    • $450,000
      0.39 Acres

      Corner Lot Commercial Property

      9500 sq ft commercial property on corner lot.
      218 S Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $259,000
      1.20 Acres

      Commercial Property on Corner Lot

      High-traffic corner lot with metal building and rental spaces.
      10047 Hwy 231, Arab, AL 35016
      View Details
    • $125,000
      0.14 Acres

      Downtown Arab Commercial Opportunity

      Prime commercial storefront with unique green space in historic district.
      11 1St St NW, Arab, AL 35016
      View Details
    • $165,000

      Downtown Arab Commercial Opportunity

      Located off Main Street, renovated downtown Arab, customizable interior.
      19 1St Ave NW, Arab, AL 35016
      View Details
    • $275,000

      Commercial Building in Arab, Alabama

      Four-unit commercial building with road frontage in Arab, Alabama.
      401 4Th Ave, Arab, AL 35016
      View Details
    • $6,300,000
      1.55 Acres

      Retail Building with Warehouse

      44,000 SF retail building with additional 12,500 SF warehouse.
      124 Brindlee Mountain Pkwy, Arab, AL 35016
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      12,000 SF

      Brindlee Mountain Retail Space

      High-traffic Arab, AL retail space.
      576 Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $750 /Mo

      Office Space For Lease

      Office space for lease at Brindlee Mountain Storage.
      9582 Hwy 231, Arab, AL 35016
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Intersection Hwy 231
    Arab, AL 35016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.