507 3rd NotchTroy, AL 36081

  • Retail properties
  • 14,067 SF
Off market
$18,775,130 Estimated

Property Details for 507 3rd Notch

Year built
1947
Construction
WOOD
Lot size
1.87 AC
Property size (Sq ft)
14,067 SF
Zone code
O
Property type
Retail properties
Property subtype
Other retail properties
APN
55 10 09 29 3 002 008.000
APU
551009293002008000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,088,639
    6.5%
    $1,927,974
    7%
    $1,790,262
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,520,058
    Geo Method
    $2,520,058
  • Alternative Use

    Use
    Valuation
    Residential
    $1,626,318
    Hospitality
    $1,489,699
    Educational
    $1,239,412
    Medical
    $1,282,037
    Retail
    $1,927,974
507 3rd Notch, Troy, Alabama

Location Insight

City
Troy
County
Pike
State
Alabama
Latitude
31.8117
Longitude
-85.9715
CBSA code
45980
CBSA name
TROY, AL MICROPOLITAN 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
-
-
-
$116,040
-
$81,500
$498,720
$580,220

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