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    Property profile & analytics

    Tuscumbia, AL 35674

    • Grocery and convenience stores
    • 4,088 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-2157884
    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

    Year built
    1998
    Lot size
    2.00 lot acres
    Property size
    4,088 SF
    Property type
    Grocery and convenience stores
    APN
    22-08-34-0-002-006.027
    APU
    2208340002006027

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tuscumbia
    County
    Colbert
    State
    Alabama
    Longitude
    -87.6803
    Latitude
    34.5805
    CBSA code
    22520
    CBSA name
    FLORENCE-MUSCLE SHOALS, 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
    $3,353
    $0.00
    $0.00
    $94,400
    -
    $17,200
    $454,800
    $472,000

    Comparable in this City

    • Value Estimation by Request
      2,600 SF

      1905 Us-72

      Restaurants • 2,600 SF
      1905 Us-72, Tuscumbia, AL 35674
      View Details
    • Value Estimation by Request
      1,176 SF

      1014 Hwy 72nd W

      CONVENIENCE STORE • 1,176 SF
      1014 Hwy 72nd W, Tuscumbia, AL 35674-8734
      View Details
    • Value Estimation by Request
      1,438 SF

      Tuscumbia, AL 35674

      CONVENIENCE STORE • 1,438 SF
      Tuscumbia, AL 35674
      View Details
    • Value Estimation by Request
      1,419 SF

      Tuscumbia, AL 35674

      CONVENIENCE STORE • 1,419 SF
      Tuscumbia, AL 35674
      View Details
    • Value Estimation by Request
      240 SF

      1504 Woodmont Dr

      CONVENIENCE STORE • 240 SF
      1504 Woodmont Dr, Tuscumbia, AL 35674
      View Details
    • Value Estimation
      $360,000
      2,699 SF

      3850 Hwy 20

      CONVENIENCE STORE • 2,699 SF
      3850 Hwy 20, Tuscumbia, AL 35674-9201
      View Details

    Similar Nearby for Sale

    • $2,250,000
      2,600 SF

      Shop N Go - Tuscumbia, AL

      High-traffic corner lot retail property. Excellent investment opportunity.
      1905 Us-72, Tuscumbia, AL 35674
      View Details
    • $239,900
      1,500 SF

      Tuscumbia Commercial Corner-Lot Property

      Corner-lot commercial property with parking and security system in Tuscumbia.
      300 E 6Th St, Tuscumbia, AL 35674
      View Details
    • $64,900
      1,600 SF

      High-Traffic Tuscumbia Commercial Space

      Prime storefront, high visibility, 1600 sq ft.
      20490 Highway 72, Tuscumbia, AL 35674
      View Details
    • $429,900
      5,200 SF

      Tuscumbia Commercial Multi-Unit Property

      Five Units, High-Traffic Location, Great Investment
      958 Woodmont Dr, Tuscumbia, AL 35674
      View Details
    • $300,000
      2,733 SF

      Tuscumbia Mixed-Use Commercial Property

      Versatile Commercial & Residential Space
      5910 Highway 43, Tuscumbia, AL 35674
      View Details
    • $49,900
      4.58 Acres

      Tuscumbia, AL Acreage For Sale

      4.58 acre land parcel in Tuscumbia, Alabama.
      Tract C Old Memphis Pike, Tuscumbia, AL 35674
      View Details
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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