NOT LISTED FOR SALE

1811 Broad Ave Lanett, AL 36863

Estimated Value: $244,902

-- Bed
-- Bath
1,428 Sq Ft
$172/Sq Ft Est. Value

About This Home

Property Id: 1320929

Unlock the potential of your business! Strategically positioned on the primary north-south traffic artery within the Greater Valley Area, this commercial property is nestled in a bustling corridor between Interstate 85 and Alabama Highway 50. Take advantage of this prime destination for businesses seeking high visibility and accessibility. 1 to 4 office spaces available! Location Highlights: -High Traffic: In 2022, ALDOT reported 23,396 daily vehicles, the county's 2nd highest. This offers businesses a chance to attract steady customers. -Commercial Hub: Between AL Hwy 50 and Wal-Mart on Broad and 20th Avenues, you'll find the Greater Valley Area's highest commercial property density, thanks to the corridor's substantial traffic volumes. Ideal for establishing your business. -Growth Potential: Past trends suggest property values and business opportunities will continue to rise. This prime location positions your business for success amidst ongoing development and economic growth.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2023
Sold by
Lamax Enterprises Llc
Bought by
Knapp Estates Llc
Current Estimated Value
$244,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,964
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 21, 2019
Sold by
Blackmon Keith L
Bought by
Lamax Enterprises Llc

Purchase Details

Closed on
Apr 13, 2017
Sold by
Siggers Jennifer E and Siggers Stephen E
Bought by
Blackmon Keith L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Knapp Estates Llc $125,000 None Listed On Document
Lamax Enterprises Llc $121,020 --
Blackmon Keith L $9,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Knapp Estates Llc $106,964
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 Off Market $1,250 -- --
08/22/2025 08/22/25 For Rent $1,250 0.0% --
03/31/2025 03/31/25 Off Market $1,250 -- --
02/21/2025 02/21/25 For Rent $1,250 0.0% --
02/10/2025 02/10/25 Off Market $1,250 -- --
01/07/2025 01/07/25 For Rent $1,250 0.0% --
12/31/2024 12/31/24 Off Market $1,250 -- --
11/30/2024 11/30/24 For Rent $1,250 0.0% --
11/29/2024 11/29/24 Off Market $1,250 -- --
11/21/2024 11/21/24 For Rent $1,250 0.0% --
11/21/2024 11/21/24 Price Changed $1,250 -3.8% --
09/19/2024 09/19/24 Price Changed $1,300 +30.0% --
09/04/2024 09/04/24 For Rent $1,000 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,496 $26,640 $11,880 $14,760
2023 $1,543 $26,640 $11,880 $14,760
2022 $1,399 $26,640 $11,880 $14,760
2021 $1,271 $24,200 $11,880 $12,320
2020 $1,403 $24,200 $11,880 $12,320
2019 $1,271 $24,200 $11,880 $12,320
2018 $1,271 $24,200 $11,880 $12,320
2017 $1,131 $21,540 $11,880 $9,660
2016 $1,131 $21,540 $11,880 $9,660
2015 $1,131 $21,540 $11,880 $9,660
2014 $1,131 $21,540 $11,880 $9,660
2013 $1,045 $21,540 $11,880 $9,660
Source: Public Records

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