Us Hwy 29Gantt, AL 36038

  • Grocery and convenience stores
  • 5,084 SF
Off market
$9,618,140 Estimated

Property Details for Us Hwy 29

Year built
1959
Lot size
0.96 AC
Property size (Sq ft)
5,084 SF
Property type
Grocery and convenience stores
APN
23-08-04-18-0-002-002.000
APU
230804180002002000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $768,499
    6.5%
    $709,384
    7%
    $658,713
  • Comparable approach

    Method
    Valuation
    Relative Method
    $357,859
    Geo Method
    $375,878
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,361,880
    Mixed-Use / Specialty
    $715,537
    Hospitality / Lodging
    $536,270
    Office
    $720,329
    Institutional / Educational
    $746,973
    Residential Income
    $873,958
    Multifamily
    $1,000,050
    Automotive / Energy
    $640,262
    Parking / Income-Based Land
    $212,369
    Restaurant / Food Service
    $390,685
    Healthcare / Senior Housing
    $724,866

Location Insight

City
Gantt
County
Covington
State
Alabama
Latitude
31.4064
Longitude
-86.4852

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
$578
$1,540
$19,884
$21,424
-
$7,700
$99,420
$107,120

FAQs

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