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    401 S Wilmer Ave Anniston, AL 36201

    Sponsored
    For Sale
    $450,000

    Other - ANNISTON, AL

    Lot size:
    0.46 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 401 S Wilmer Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Lot size
    0.46 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1987
    Flooring type
    Carpet, Carpet - Partial, Tile, Vinyl
    Building materials
    Frame
    Architectural style
    Other

    ERA King Real Estate Co., Inc. (256) 831-5656 [email protected]

    Listing agent Hunter Cain (256) 831-5656

    Listing date Dec 29, 2025

    MLS# 21439522 Listing URL

    Copyright © 2026 Greater Alabama 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

    Cash Flowing Apartment Complex

    This 16-unit apartment complex in Anniston, AL, offers immediate income potential. The property features functional layouts designed for low maintenance. Select units have been updated with LVP flooring, new refrigerators, and fresh paint. Situated on a 0.46-acre lot, this commercial property is located in a stable rental market with consistent demand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Anniston
    County
    Calhoun
    State
    Alabama
    Longitude
    -85.82702
    Latitude
    33.64185

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    FAQs

    What type of property is this?
    Apartment building - 16-unit apartment complex with immediate income potential in Anniston.
    Where is this apartment building located?
    The property is located at 401 S Wilmer Ave Anniston, AL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - High Cap Rate: Approximately 12% cap rate indicates strong income potential.; - Immediate Income: The property is cash flowing, offering immediate returns for investors.; - Stable Rental Market: Consistent demand ensures reliable occupancy.
    (256) 831-5656
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    Anniston, AL 36201
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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
    401 S Wilmer Ave Anniston, AL 36201
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