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    198 Highland Ave Selma, AL 36701

    For Sale
    $360,184

    Prime Selma location, great investment potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 198 Highland Avenue in Selma, Alabama, presents a compelling investment opportunity. The property is classified as general commercial and is offered at $360,184. While the square footage is not currently specified, the property sits on a lot with zero acres. This makes it ideal for a variety of commercial uses, depending on the buyer's vision and needs. The address, 198 Highland Avenue, places the property in a potentially high-traffic area of Selma, offering excellent visibility and accessibility for customers and clients. The lack of specified square footage allows for flexibility in planning and development. This property is a blank canvas for entrepreneurs and investors looking to establish a presence in the thriving Selma market. Its strategic location and competitive price point make it an attractive proposition for those seeking a strong return on investment. Further due diligence is encouraged to fully assess the property's potential and suitability for specific commercial ventures. Serious inquiries are welcome. The absence of square footage information should be considered when evaluating the property's suitability for your intended use. Contact us to schedule a viewing and explore the possibilities.

    Property Features for 198 Highland Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1974
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jefferson Financial Federal ... Credit Union

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Dallas
    State
    Alabama
    Longitude
    -87.03713
    Latitude
    32.43066

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Selma location, great investment potential.
    Where is this commercial real estate located?
    The property is located at 198 Highland Ave Selma, AL.
    What is the asking price?
    The asking price for this property is $360,184.
    (334) 872-1122
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    198 Highland Ave Selma, AL 36701
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    Selma, AL 36701
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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
    198 Highland Ave Selma, AL 36701
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