1240 MartinPell City, AL 35128

  • Office buildings
  • 7,064 SF
Off market
$8,102,210 Estimated

Property Details for 1240 Martin

Year built
1996
Construction
WOOD
Lot size
0.81 AC
Property size (Sq ft)
7,064 SF
Zone code
6
Property type
Office buildings
APN
29-03-07-2-001-001.003
APU
2903072001001003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,494,067
    6.5%
    $1,379,139
    7%
    $1,280,629
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,150,655
    Geo Method
    $1,377,904
  • Alternative Use

    Use
    Valuation
    Residential
    $1,710,132
    Hospitality
    $1,566,472
    Educational
    $1,303,286
    Medical
    $1,348,108
    Retail
    $2,027,334

Location Insight

City
Pell City
County
St. Clair
State
Alabama
Latitude
33.5758
Longitude
-86.2723
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, 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
2022
$5,222
$29,600
$107,228
$136,828
-
$148,000
$536,140
$684,140

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