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    Property profile & analytics

    Us Hwy 331 Florala, AL 36442

    • Retail space
    • 1,664 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2331897
    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

    • Retail space

    Property Details for Us Hwy 331

    Year built
    1986
    Lot size
    2.00 lot acres
    Property size
    1,664 SF
    Property type
    Retail space
    APN
    23-29-08-27-0-001-022.000
    APU
    232908270001022000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Florala
    County
    Covington
    State
    Alabama
    Longitude
    -86.3272
    Latitude
    31.0203

    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
    $722
    $2,960
    $16,536
    $19,496
    -
    $14,800
    $82,680
    $97,480

    Comparable in this City

    • Value Estimation by Request
      4,488 SF

      Florala, AL 36442

      RETAIL STORES (PERSONAL SERVICES) • 4,488 SF
      Florala, AL 36442
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    • Value Estimation by Request
      392 SF

      Florala, AL 36442

      RETAIL STORES (PERSONAL SERVICES) • 392 SF
      Florala, AL 36442
      View Details
    • Value Estimation by Request
      2,960 SF

      Florala, AL 36442

      RETAIL STORES (PERSONAL SERVICES) • 2,960 SF
      Florala, AL 36442
      View Details
    • Value Estimation by Request
      4,600 SF

      Florala, AL 36442

      RETAIL STORES (PERSONAL SERVICES) • 4,600 SF
      Florala, AL 36442
      View Details
    • Value Estimation by Request
      4,000 SF

      5th St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      5th St, Florala, AL 36442
      View Details
    • Value Estimation by Request
      3,304 SF

      Florala, AL 36442

      RETAIL STORES (PERSONAL SERVICES) • 3,304 SF
      Florala, AL 36442
      View Details

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    Us Hwy 331
    Florala, AL 36442
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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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