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    0000 Highway 5 Marion, AL 36756

    For Sale
    $250,000

    Prime Location: Live, Work, Invest!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 2.09-acre mixed-use property in Marion, Alabama, presents a unique investment opportunity. Located on Highway 5, the property boasts 245 feet of road frontage, ensuring high visibility for the existing retail building. The deep lot offers significant potential, including a second septic tank and utility hookups, ideal for residential development or expansion. The renovated building features three distinct retail spaces. Two sections share a central counter, office, and restroom, while a third boasts a separate entrance and two restrooms. A removable awning provides flexibility for various uses, including retail, restaurant, or even a gas station, with the added benefit of a rentable unit. The property's existing infrastructure includes its own septic system and utilities, minimizing upfront investment costs. This turnkey operation is ready for immediate occupancy and offers substantial income potential through multiple revenue streams. The strategic location and versatile design make this property an attractive proposition for both established businesses and ambitious entrepreneurs seeking a high-impact investment in a thriving community. The combination of commercial and potential residential development makes this a truly unique opportunity in Perry County.

    Property Features for 0000 Highway 5

    General Information

    Property type
    Mixed-use properties
    Lot Size
    91,040 SF

    Building Details

    Year Built
    1985
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Hair Salon Auto Parts Store Food Market Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Perry
    State
    Alabama
    Longitude
    -87.3058
    Latitude
    32.6767

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Location: Live, Work, Invest!
    Where is this mixed-use property located?
    The property is located at 0000 Highway 5 Marion, AL.
    What is the asking price?
    The asking price for this property is $250,000.
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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
    0000 Highway 5 Marion, AL 36756
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