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    Martin Luther King D D Lafayette, AL 36862

    • Turn key restaurants
    • 2,504 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2567345
    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 Martin Luther King D D

    Year built
    1940
    Property size
    2,504 SF
    Property type
    Turn key restaurants
    APN
    12-12-06-13-3-005-019.001
    APU
    121206133005019001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Chambers
    State
    Alabama
    Longitude
    -85.3982
    Latitude
    32.8909
    CBSA code
    29300
    CBSA name
    LAGRANGE, GA-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
    $789
    $320
    $15,680
    $16,000
    -
    $1,590
    $78,400
    $79,990

    Comparable in this City

    • Value Estimation
      $230,000
      3,600 SF

      1310 Al Hwy 77

      RESTAURANT • 3,600 SF
      1310 Al Hwy 77, Lafayette, AL 36862-5003
      View Details
    • Value Estimation by Request
      2,858 SF

      Lafayette S St

      RESTAURANT • 2,858 SF
      Lafayette S St, Lafayette, AL 36862
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    • Value Estimation by Request
      1,397 SF

      204 Lafayette St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,397 SF
      204 Lafayette St, Lafayette, AL 36862-2046
      View Details
    • Value Estimation by Request
      1,072 SF

      658 5th SW Cir

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,072 SF
      658 5th SW Cir, Lafayette, AL 36862
      View Details
    • Value Estimation by Request
      960 SF

      Veterans Mem Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 960 SF
      Veterans Mem Pkwy, Lafayette, AL 36862
      View Details
    • Value Estimation
      $745,000
      3,584 SF

      303 9th SW Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,584 SF
      303 9th SW Ave, Lafayette, AL 36862-2843
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Multi-family property with five units, eleven bedrooms, and five bathrooms.
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      Lafayette Land with Creek

      25 acres with creek, pond, and structures near Auburn.
      2034 County Road 108, Lafayette, AL 36862
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    • $589,000
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      Lafayette Industrial Property - 2.71 Acres

      Historic B&B & Guest House on expansive lot.
      215-217 Lafayette St St, Lafayette, AL 36862
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      7 Acre Wooded Lot

      Beautiful wooded 7 acre lot in Oak Bowery community.
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    Martin Luther King D D
    Lafayette, AL 36862
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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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