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    Property profile & analytics

    State Hwy 243 Russellville, AL 35654

    • Manufacturing properties
    • 21,435 SF
    • 10.00 lot acres
    OFF-MARKET
    Value Estimation
    $815,000
    Location Intelligence
    Property ID
    US03-1841426
    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

    • Manufacturing properties

    Property Details for State Hwy 243

    Year built
    1979
    Lot size
    10.00 lot acres
    Property size
    21,435 SF
    Property type
    Manufacturing properties
    APN
    11 03 06 1 000 003.0020
    APU
    11030610000030020

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Russellville
    County
    Franklin
    State
    Alabama
    Longitude
    -87.7284
    Latitude
    34.4832

    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
    $47,528
    $10,280
    $829,420
    $839,700
    -
    $0.00
    $0.00
    $552,100

    Comparable in this City

    • Value Estimation
      $865,000
      63,650 SF

      Industrial Park Dr

      MANUFACTURING (LIGHT) • 63,650 SF
      Industrial Park Dr, Russellville, AL 35654
      View Details
    • Value Estimation
      $780,000
      38,720 SF

      43 Alabama Ave

      MANUFACTURING (LIGHT) • 38,720 SF
      43 Alabama Ave, Russellville, AL 35654
      View Details
    • Value Estimation
      $715,000
      30,000 SF

      Sibley Dr

      MANUFACTURING (LIGHT) • 30,000 SF
      Sibley Dr, Russellville, AL 35654
      View Details
    • Value Estimation
      $725,000
      38,000 SF

      State Hwy 243

      MANUFACTURING (LIGHT) • 38,000 SF
      State Hwy 243, Russellville, AL 35654
      View Details
    • Value Estimation
      $610,000
      23,850 SF

      Hwy 243

      MANUFACTURING (LIGHT) • 23,850 SF
      Hwy 243, Russellville, AL 35654
      View Details
    • Value Estimation by Request
      3,900 SF

      15497 Al-243

      Office space • 3,900 SF
      15497 Al-243, Russellville, AL 35654
      View Details

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      8,190 SF venue on 1 acre, endless possibilities!
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    Russellville, AL 35654
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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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