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    Property profile & analytics

    Nene Of 231st Hwy Hwy Midland City, AL 36350

    • Grocery and convenience stores
    • 1,200 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1574148
    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 Nene Of 231st Hwy Hwy

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.28 lot acres
    Property size
    1,200 SF
    Property type
    Grocery and convenience stores
    APN
    15-06-24-3-000-001.005
    APU
    1506243000001005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Midland City
    County
    Dale
    State
    Alabama
    Longitude
    -85.494
    Latitude
    31.307
    CBSA code
    37120
    CBSA name
    OZARK, 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
    $1,104
    $4,460
    $25,780
    $30,240
    -
    $10,000
    $141,240
    $151,240

    Comparable in this City

    • Value Estimation
      $690,000
      0.75 Acres

      Hwy 112

      CONVENIENCE STORE • 0.75 Acres
      Hwy 112, Midland City, AL 36350
      View Details
    • Value Estimation
      $705,000
      8,532 SF

      Midland City, AL 36350

      CONVENIENCE STORE • 8,532 SF
      Midland City, AL 36350
      View Details
    • Value Estimation
      $260,000
      4,299 SF

      Hwy 231

      CONVENIENCE STORE • 4,299 SF
      Hwy 231, Midland City, AL 36350
      View Details
    • Value Estimation
      $245,000
      4,872 SF

      Hwy 59

      FINANCIAL BUILDING • 4,872 SF
      Hwy 59, Midland City, AL 36350
      View Details
    • Value Estimation
      $1,700,000
      9,100 SF

      894 Brannon Stand Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      894 Brannon Stand Rd, Midland City, AL 36350-7017
      View Details
    • Value Estimation by Request
      3,200 SF

      1482 County Rd 513

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      1482 County Rd 513, Midland City, AL 36350-3760
      View Details

    Similar Nearby for Sale

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      Midland City Commercial Investment Opportunity

      Fully occupied commercial property with diverse tenants and high traffic.
      Hwy 231 N, Midland City, AL 36350
      View Details
    • Contact for pricing
      0.38 Acres

      Residential Land in Midland City

      Vacant residential lot available in Midland City, Alabama.
      Parcel D Brookline St, Midland City, AL 36350
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      Unrestricted Land in Midland City

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    • $280,000
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      Midland City Multifamily Investment Opportunity

      All brick 8-unit apartment building in Midland City, Alabama.
      205 Daniels St, Midland City, AL 36350
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      Midland City Apartments For Sale

      Two-story brick apartment building with twelve units in Midland City.
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      Midland City Commercial Land Investment

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      View Details
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    Midland City, AL 36350
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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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