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    0 Moffett Rd Wilmer, AL 36587

    Source: https://www.saltercompany.com
    For Sale
    $250,000

    Prime Wilmer location, 2,208 SF building, ideal for various uses. High potential.

    Property size:
    2,208 SF

    Description

    Added:
    Jan 31, 2025
    Days on Market:
    310
    This versatile 2,208 square foot freestanding commercial building presents a unique investment opportunity in Wilmer, Alabama. Situated on a 0.29-acre lot, the property is zoned C2, offering flexibility for a range of commercial ventures, including office space, restaurant, storefront, or retail uses. Currently operating as a produce shop (tenant interactions are discouraged), the building is being sold as-is with a month-to-month tenant. The property features three units and offers a significant value-add potential. The land includes a shared septic tank located at the rear of the property. This Class C building is priced at $250,000 and has a 4% cap rate. Serious inquiries only; contact for showings. Please note that the net size, operating income, and price per square foot are not available.

    Property Features for 0 Moffett Rd

    General Information

    Property type
    Restaurants
    Square Feet
    2,208 SF
    Price / Square Foot
    $113
    Elevators
    N/A
    Lot Size
    12,850 SF

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • Prime Wilmer, AL location, 2,208 sq ft building on 0.29 acres.
    • Multi‑use potential: office, restaurant, retail; C2 zoning.
    • As‑is sale, month‑to‑month tenant, $250,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Wilmer
    State
    Alabama

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    FAQs

    What type of property is this?
    Restaurant - Prime Wilmer location, 2,208 SF building, ideal for various uses. High potential.
    Where is this restaurant located?
    The property is located at 0 Moffett Rd Wilmer, AL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Prime Wilmer, AL location, 2,208 sq ft building on 0.29 acres.; Multi-use potential: office, restaurant, retail; C2 zoning.; As-is sale, month-to-month tenant, $250,000 asking price.
    (850) 564-0120
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    0 Moffett Rd Wilmer, AL 36587
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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
    0 Moffett Rd Wilmer, AL 36587
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