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    Property profile & analytics

    Reform, AL 35481

    • Assisted living facilities
    • 22,928 SF
    • 2.36 lot acres
    OFF-MARKET
    Value Estimation
    $690,000
    Location Intelligence
    Property ID
    US03-2068160
    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

    • Assisted living facilities

    Property Details

    Year built
    1965
    Lot size
    2.36 lot acres
    Property size
    22,928 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    54 09 04 20 4 000 081.000
    APU
    540904204000081000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reform
    County
    Pickens
    State
    Alabama
    Longitude
    -88.0214
    Latitude
    33.3829
    CBSA code
    46220
    CBSA name
    TUSCALOOSA, 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
    $14,204
    $5,180
    $264,860
    $270,040
    -
    $25,860
    $1,324,280
    $1,350,140

    Comparable in this City

    • Value Estimation
      $455,000
      11,760 SF

      Reform, AL 35481

      MEDICAL BUILDING • 11,760 SF
      Reform, AL 35481
      View Details
    • Value Estimation by Request
      2,691 SF

      Reform, AL 35481

      MEDICAL BUILDING • 2,691 SF
      Reform, AL 35481
      View Details
    • Value Estimation by Request
      2,380 SF

      301 1st S St

      MEDICAL BUILDING • 2,380 SF
      301 1st S St, Reform, AL 35481-8013
      View Details
    • Value Estimation by Request
      4,000 SF

      Reform, AL 35481

      WAREHOUSE, STORAGE • 4,000 SF
      Reform, AL 35481
      View Details
    • Value Estimation by Request
      1,200 SF

      Reform, AL 35481

      STORE/OFFICE (MIXED USE) • 1,200 SF
      Reform, AL 35481
      View Details
    • Value Estimation by Request
      160 SF

      Reform, AL 35481

      COMMERCIAL (GENERAL) • 160 SF
      Reform, AL 35481
      View Details

    Similar Nearby for Sale

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      Prime commercial land with high traffic volume in Reform.
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    • Contact for pricing
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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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