3528 Hwy 231Laceys Spring, AL 35754
- Turn key restaurants
- 2,640 SF
Off market
$4,007,520 Estimated
Property Details for 3528 Hwy 231
- Year built
- 1958
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.40 AC
- Property size (Sq ft)
- 2,640 SF
- Property type
- Turn key restaurants
- APN
- 09-07-25-0-001-005.001
- APU
- 907250001005001
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $645,040
- 6.5%
- $595,422
- 7%
- $552,892
-
Comparable approach
- Method
- Valuation
- Relative Method
- $447,231
- Geo Method
- $535,557
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,167,980
- Mixed-Use / Specialty
- $590,532
- Hospitality / Lodging
- $429,653
- Office
- $584,142
- Institutional / Educational
- $612,927
- Residential Income
- $717,125
- Multifamily
- $875,419
- Automotive / Energy
- $525,366
- Parking / Income-Based Land
- $184,031
- Restaurant / Food Service
- $301,236
- Healthcare / Senior Housing
- $608,417
Location Insight
- City
- Laceys Spring
- County
- Morgan
- State
- Alabama
- Latitude
- 34.4892
- Longitude
- -86.5863
- CBSA code
- 19460
- CBSA name
- DECATUR, 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
$1,263
$2,080
$30,400
$32,480
-
$10,400
$152,000
$162,400
Comparable in this City
Similar Nearby for Sale
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