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    Property profile & analytics

    Us Hwy 231 Arab, AL 35016

    • Office buildings
    • 2,450 SF
    • 42.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1529608
    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

    • Office buildings

    Property Details for Us Hwy 231

    Year built
    1950
    Construction
    WOOD
    Lot size
    42.50 lot acres
    Property size
    2,450 SF
    Property type
    Office buildings
    APN
    12-01-02-0-001-009.000
    APU
    1201020001009000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arab
    County
    Cullman
    State
    Alabama
    Longitude
    -86.499
    Latitude
    34.2859
    CBSA code
    18980
    CBSA name
    CULLMAN, 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
    $4,071
    $0.00
    $0.00
    $156,560
    -
    $265,500
    $631,000
    $896,500

    Comparable in this City

    • Value Estimation by Request
      1,680 SF

      Alabama Hwy 69

      OFFICE BUILDING • 1,680 SF
      Alabama Hwy 69, Arab, AL 35016
      View Details
    • Value Estimation by Request
      1,200 SF

      654 11th NW Ave

      OFFICE BUILDING • 1,200 SF
      654 11th NW Ave, Arab, AL 35016-1900
      View Details
    • Value Estimation by Request
      2,500 SF

      106 Cullman Rd

      OFFICE BUILDING • 2,500 SF
      106 Cullman Rd, Arab, AL 35016-1362
      View Details
    • Value Estimation by Request
      1,450 SF

      217 Main St

      OFFICE BUILDING • 1,450 SF
      217 Main St, Arab, AL 35016-1236
      View Details
    • Value Estimation
      $410,000
      3,273 SF

      401 4th NW Ave

      OFFICE BUILDING • 3,273 SF
      401 4th NW Ave, Arab, AL 35016
      View Details
    • Value Estimation
      $1,120,000
      80,000 SF

      218 Arad Thompson NE Rd

      OFFICE BUILDING • 80,000 SF
      218 Arad Thompson NE Rd, Arab, AL 35016-2783
      View Details

    Similar Nearby for Sale

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      Commercial lot with high visibility and accessibility on Highway 231.
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    Similar Nearby for Lease

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      750 SF office space available for lease.
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      Brindlee Mountain Retail Space

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    Us Hwy 231
    Arab, AL 35016
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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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