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    Property profile & analytics

    Roanoke, AL 36274

    • Hospitals
    • 44,735 SF
    • 9.22 lot acres
    OFF-MARKET
    Value Estimation
    $715,000
    Location Intelligence
    Property ID
    US03-2535963
    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

    • Hospitals

    Property Details

    Year built
    1950
    Construction
    BRICK
    Lot size
    9.22 lot acres
    Property size
    44,735 SF
    Property type
    Hospitals
    APN
    56 16 08 27 3 001 023.000
    APU
    561608273001023000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $695,000

    • CAP approach

      CAP return
      Estimation
      6%
      $875,000
      6.5%
      $890,000
      7%
      $855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $825,000
      Geo Method
      $945,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $985,000
      Retail
      $915,000
      Mixed-Use
      $965,000
      Hospitality
      $865,000
      Educational
      $990,000
      Residential Income
      $885,000
      Energy
      $960,000
      Income-Based Land
      $965,000
      Food Service
      $950,000

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Randolph
    State
    Alabama
    Longitude
    -85.3887
    Latitude
    33.1578

    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
    $0.00
    $4,520
    $943,600
    $948,120
    -
    $36,880
    $4,675,649
    $4,712,529

    Comparable in this City

    • Value Estimation
      $615,000
      20,696 SF

      Roanoke, AL 36274

      HOMES (RETIRED, NURSING) • 20,696 SF
      Roanoke, AL 36274
      View Details
    • Value Estimation by Request
      800 SF

      Roanoke, AL 36274

      MEDICAL BUILDING • 800 SF
      Roanoke, AL 36274
      View Details
    • Value Estimation by Request
      2,165 SF

      Roanoke, AL 36274

      MEDICAL BUILDING • 2,165 SF
      Roanoke, AL 36274
      View Details
    • Value Estimation
      $410,000
      14,915 SF

      320 Main St

      MEDICAL BUILDING • 14,915 SF
      320 Main St, Roanoke, AL 36274-1436
      View Details
    • Value Estimation by Request
      2,202 SF

      149 Chestnut St

      MEDICAL BUILDING • 2,202 SF
      149 Chestnut St, Roanoke, AL 36274-1301
      View Details
    • Value Estimation by Request
      10,637 SF

      331 Franklin Rd

      HOMES (RETIRED, NURSING) • 10,637 SF
      331 Franklin Rd, Roanoke, AL 36274-2106
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.61 Acres

      Roanoke Building Lot For Sale

      Building lot with utilities available in downtown Roanoke, Alabama.
      Cauthen Cir, Roanoke, AL 36274
      View Details
    • $750,000
      2.00 Acres

      Versatile Commercial Property in Roanoke

      9,750 SF commercial space with warehouse and office.
      31 Steelview Dr, Roanoke, AL 36274
      View Details
    • $39,000
      Pending

      Roanoke, AL Unimproved Land

      Secluded 4.58 acre property near Roanoke, Alabama.
      Highway 431, Roanoke, AL 36274
      View Details
    • $84,450
      9.93 Acres

      9.93 Acres in Roanoke, AL

      9.93 acre parcel with creek frontage and multiple potential homesites.
      2 County Road 268, Roanoke, AL 36274
      View Details
    • Contact for pricing

      Land for Sale Roanoke

      Land available for sale on Hwy 431, Roanoke, AL.
      431 Franklin Rd, Roanoke, AL 36274
      View Details
    • $3,100,000
      21.50 Acres

      Roanoke MHP: Alabama Investment

      79-Pad Mobile Home Park, High NOI
      460 Pine Valley Dr, Roanoke, AL 36274
      View Details
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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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