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    2364 Elkwood Section Rd Hazel Green, AL 35750

    For Sale
    $397,000

    COMMERCIAL - Hazel Green, AL

    Lot size:
    2.70 Acres
    Days on Market:
    145
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 2364 Elkwood Section Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    139868
    Lot size
    2.70 Acres

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    New South, REALTORS (256) 325-8500

    Listing agent Jim Davis (256) 325-8500

    Listing date Jul 15, 2025

    MLS# 21894171 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

    Mobile Home Park Investment Opportunity

    This property presents an opportunity to acquire and develop a mobile home park currently generating $65,000 in annual income, with a cap rate exceeding 15%. The established park benefits from a solid tenant base and steady cash flow. The 2.7-acre site offers room for expansion, with an engineer's site plan included in the documents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Auto Repair Shop Clothing Store HVAC Service Bar & Pub Garden Center Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hazel Green
    County
    Madison
    State
    Alabama
    Longitude
    -86.662924
    Latitude
    34.97656

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    FAQs

    What type of property is this?
    Mobile home & RV park - Profitable mobile home park with expansion potential in Hazel Green.
    Where is this mobile home & rv park located?
    The property is located at 2364 Elkwood Section Rd Hazel Green, AL.
    What is the asking price?
    The asking price for this property is $397,000.
    What are key features of this property?
    This property features: - High Annual Income: Generates $65,000 annually.; - Excellent Cap Rate: Offers a cap rate of over 15%.; - Expansion Potential: Includes engineers site plan for expansion.
    (256) 325-8500
    Request Owner's contact information
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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
    2364 Elkwood Section Rd Hazel Green, AL 35750
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