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    313 Parkman Ave Selma, AL 36701

    For Sale
    $39,900

    COMMERCIAL - Selma, AL

    Property size:
    3,805 SF
    Days on Market:
    108
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 313 Parkman Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    11-07-36-2-004-040.0000
    Parking
    4
    Size
    3,805 SF

    Building Details

    Year built
    1981
    Building materials
    Concrete

    Divine Realty, LLC (334) 327-1081 [email protected]

    Listing agent Shirley Dawson (334) 875-9985 License #000082019

    Listing date Aug 26, 2025

    Copyright © 2025 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Selma, Alabama

    The property features a 2509 sqft building with mixed-use potential. The downstairs area formerly operated as Parkman Grocery and Deli. The layout includes a 3-bedroom, 1-bath upstairs apartment. Additionally, there is a laundry mat located in the rear of the building. The property is located in Selma, Alabama, within Dallas County. The lot size is 3805 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Dallas
    State
    Alabama
    Longitude
    -87.029511
    Latitude
    32.408216

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    FAQs

    What type of property is this?
    Mixed-use property - 2509 sqft building with retail, apartment, and laundry potential.
    Where is this mixed-use property located?
    The property is located at 313 Parkman Ave Selma, AL.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: - 2509 sqft building offers significant potential for various uses.; - Downstairs space previously operated as a store (Parkman Grocery and Deli).; - **Includes a 3-bedroom, 1-bath upstairs apartment.**
    (334) 875-9985
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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
    313 Parkman Ave Selma, AL 36701
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