14287 Hwy 231st 431stHazel Green, AL 35750

  • Investment properties
  • 6,944 SF
Off market
$9,815,480 Estimated

Property Details for 14287 Hwy 231st 431st

Year built
2005
Lot size
0.98 AC
Property size (Sq ft)
6,944 SF
Property type
Investment properties
Property subtype
Retail residential properties
APN
04-06-24-4-000-061.003
APU
406244000061003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,682,720
    6.5%
    $1,553,280
    7%
    $1,442,330
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,153,730
    Geo Method
    $1,381,590
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,072,130
    Retail / Commercial
    $1,566,140
    Hospitality / Lodging
    $1,130,120
    Office
    $1,536,470
    Institutional / Educational
    $1,612,180
    Residential Income
    $1,886,250
    Multifamily
    $2,302,620
    Automotive / Energy
    $1,381,870
    Parking / Income-Based Land
    $484,057
    Restaurant / Food Service
    $792,341
    Healthcare / Senior Housing
    $1,600,320

Location Insight

City
Hazel Green
County
Madison
State
Alabama
Latitude
34.9346
Longitude
-86.5725
CBSA code
26620
CBSA name
HUNTSVILLE, 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
$4,364
$34,140
$88,220
$122,360
-
$170,700
$441,100
$611,800

FAQs

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