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    10047 Hwy, Unit 231 Arab, AL 35016

    For Sale
    $259,000

    COMMERCIAL - Arab, AL

    Lot size:
    1.20 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 10047 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1208270000027000, 120827000002
    Parking features
    Parking Lot
    Lot size
    1.20 Acres

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    Ainsworth Real Estate, LLC (256) 640-7017

    Listing agent Patricia Bobo (256) 640-7017

    Listing date Nov 13, 2025

    MLS# 21903728 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot Retail Opportunity

    This commercial property in Arab, Alabama, features a high-traffic location on a corner lot, presenting a business or investment opportunity. The property consists of two adjoining parcels with 275 feet of road frontage. Improvements include a 10x50 metal building and a frame structure with over 3,000 square feet, configured as two rental spaces, with one currently vacant. A hair salon will remain in occupancy after the sale. The property offers ample parking and room for expansion. The lot size is 1.2 acres.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Arab
    County
    Marshall
    State
    Alabama
    Longitude
    -86.4948
    Latitude
    34.3289

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    FAQs

    What type of property is this?
    Retail space - High-traffic corner lot with rental income potential in Arab, AL.
    Where is this retail space located?
    The property is located at 10047 Hwy, Unit 231 Arab, AL.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - High traffic count on corner lot - ideal for business or investment.; - Two adjoining parcels with **275' road frontage**.; - Existing hair salon tenant will remain with the sale.
    (256) 640-7017
    Request Owner's contact information
    10047 Hwy, Unit 231 Arab, AL 35016
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    Arab, AL 35016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10047 Hwy, Unit 231 Arab, AL 35016
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