Florala, AL 36442

  • Turn key restaurants
  • 2,250 SF
Off market
$3,714,500 Estimated

Property Details

Year built
1983
Lot size
0.37 AC
Property size (Sq ft)
2,250 SF
Property type
Turn key restaurants
APN
23-32-06-23-4-001-009.001
APU
233206234001009001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $340,111
    6.5%
    $313,948
    7%
    $291,523
  • Comparable approach

    Method
    Valuation
    Relative Method
    $158,376
    Geo Method
    $166,351
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $602,721
    Mixed-Use / Specialty
    $316,672
    Hospitality / Lodging
    $237,334
    Office
    $318,792
    Institutional / Educational
    $330,584
    Residential Income
    $386,783
    Multifamily
    $442,586
    Automotive / Energy
    $283,358
    Parking / Income-Based Land
    $93,987.10
    Restaurant / Food Service
    $172,904
    Healthcare / Senior Housing
    $320,800

Location Insight

City
Florala
County
Covington
State
Alabama
Latitude
30.9998
Longitude
-86.3095

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
$1,198
$1,180
$31,208
$32,388
-
$5,900
$156,040
$161,940

FAQs

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