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    Property profile & analytics

    Vernon, AL 35592

    • Turn key restaurants
    • 2,924 SF
    • 1.02 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Location Intelligence
    Property ID
    US03-1910213
    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

    • Turn key restaurants

    Property Details

    Year built
    2000
    Construction
    CONCRETE BLOCKS
    Lot size
    1.02 lot acres
    Property size
    2,924 SF
    Property type
    Turn key restaurants
    APN
    1105164002067000
    APU
    1105164002067000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Vernon
    County
    Lamar
    State
    Alabama
    Longitude
    -88.1102
    Latitude
    33.7527

    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
    $3,902
    $14,500
    $92,400
    $106,900
    -
    $72,360
    $461,940
    $534,300

    Comparable in this City

    • Value Estimation by Request
      2,040 SF

      Vernon, AL 35592

      RESTAURANT • 2,040 SF
      Vernon, AL 35592
      View Details
    • Value Estimation by Request
      1,600 SF

      Vernon, AL 35592

      RESTAURANT • 1,600 SF
      Vernon, AL 35592
      View Details
    • Value Estimation by Request
      2,400 SF

      9467 Hwy 18

      RESTAURANT • 2,400 SF
      9467 Hwy 18, Vernon, AL 35592-5219
      View Details
    • Value Estimation by Request
      2,608 SF

      County Rd 9th 9

      RESTAURANT • 2,608 SF
      County Rd 9th 9, Vernon, AL 35592
      View Details
    • Value Estimation
      $405,000
      3,836 SF

      Vernon, AL 35592

      RESTAURANT • 3,836 SF
      Vernon, AL 35592
      View Details
    • Value Estimation by Request
      3,036 SF

      39720 Hwy 17

      RESTAURANT • 3,036 SF
      39720 Hwy 17, Vernon, AL 35592-3819
      View Details

    Similar Nearby for Sale

    • $205,000
      91.00 Acres

      91 Acres of Recreational Land

      91 acres in Lamar County, Alabama, with hunting and recreation potential.
      23 And Holiday Rd, Vernon, AL 35592
      View Details
    • $36,000
      9.00 Acres

      9 Acres of Vacant Land

      9 acres of vacant land in Vernon, Alabama.
      South Carolina Rd, Vernon, AL 35592
      View Details
    • New
      $45,000

      Land in Desirable Vernon Neighborhood

      5.83 acres of land in a quiet neighborhood.
      6TH Ct St, Vernon, AL 35592
      View Details
    • Contact for pricing
      2.91 Acres

      Land For Sale in Vernon

      2.91 acre lot with mature trees in Lamar County.
      Webster Cir, Vernon, AL 35592
      View Details
    • $145,000
      64.00 Acres

      64 Acres of Raw Land

      Raw land in Vernon, Alabama, ideal for hunting and recreation.
      Beaver Creek Rd, Vernon, AL 35592
      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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