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    Property profile & analytics

    Mem N Pkwy Meridianville, AL 35759

    • Turn key restaurants
    • 834 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1734019
    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 Mem N Pkwy

    Year built
    1985
    Construction
    MIXED
    Property size
    834 SF
    Property type
    Turn key restaurants
    APN
    07-06-24-4-002-091.001-BLDG
    APU
    0706244002091001BLDG

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Meridianville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5718
    Latitude
    34.8465
    CBSA code
    26620
    CBSA name
    HUNTSVILLE, 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
    $282
    $0.00
    $7,720
    $7,720
    -
    $0.00
    $38,600
    $38,600

    Comparable in this City

    • Value Estimation
      $500,000
      1,664 SF

      11879 Hwy 231st 431st N

      RESTAURANT • 1,664 SF
      11879 Hwy 231st 431st N, Meridianville, AL 35759-2125
      View Details
    • Value Estimation
      $445,000
      7,510 SF

      11785 Hwy 231st 431st N

      RESTAURANT • 7,510 SF
      11785 Hwy 231st 431st N, Meridianville, AL 35759-2124
      View Details
    • Value Estimation
      $255,000
      3,475 SF

      11782 Hwy 231st 431st N

      RESTAURANT • 3,475 SF
      11782 Hwy 231st 431st N, Meridianville, AL 35759-2122
      View Details
    • Value Estimation
      $950,000
      3,412 SF

      12009 Hwy 231st 431st N

      RESTAURANT • 3,412 SF
      12009 Hwy 231st 431st N, Meridianville, AL 35759-1201
      View Details
    • Value Estimation by Request
      916 SF

      12053 Hwy 231st 431st N

      RESTAURANT • 916 SF
      12053 Hwy 231st 431st N, Meridianville, AL 35759-1201
      View Details
    • Value Estimation by Request

      Us-431

      Neighborhood centers
      0 Us-431, Meridianville, AL 35759
      View Details

    Similar Nearby for Sale

    • $600,000
      0.98 Acres

      Meridianville Car Wash Business Opportunity

      Five-bay self-service car wash on approximately 0.97 acres.
      134 Patterson Ln, Meridianville, AL 35759
      View Details
    • $6,000,000
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      Meridianville Commercial Land

      11.87 Acres, Highway 231/431
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    • $1,395,111
      2.76 Acres

      Meridianville Commercial Land

      2.76 Acres, Highway 231/431 Frontage
      11902 Us-231, Meridianville, AL 35759
      View Details
    • $850,000

      Commercial Land Near Huntsville

      Flat, commercially zoned land near Huntsville, Alabama.
      113 Wells Rd, Meridianville, AL 35759
      View Details
    • $76,000
      0.52 Acres

      Residential Lot in Greenlawn Plantation

      Residential lot in a mature neighborhood with many amenities.
      136 Pavilion Dr, Meridianville, AL 35759
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    • $995,000
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      Historic Home with Business Potential

      Remodeled historic home on 4.69 acres, endless business possibilities.
      11556 Hwy, Meridianville, AL 35759
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    Similar Nearby for Lease

    • $28 SF/Yr
      8,000 SF

      Meridianville Retail Space Available

      Highway 431 Retail, Pre-Leasing Opportunity
      0 Us-431, Meridianville, AL 35759
      View Details
    • $14 SF/Yr
      2,100 SF

      Meridianville Creative Office Space

      2,100 sq ft Single-Tenant Office
      11715 Us-231, Meridianville, AL 35759
      View Details
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    Mem N Pkwy
    Meridianville, AL 35759
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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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