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    119 5Th St Tuscumbia, AL 35674

    For Sale
    $629,000

    High-potential commercial property in prime location.

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, located at 119 5th Street in the heart of Tuscumbia, Alabama, presents a significant investment opportunity. The property encompasses a substantial 4,000 square feet of space situated on a 0.56-acre lot. Its prime downtown location offers unparalleled visibility and accessibility, surrounded by a vibrant mix of restaurants, clothing stores, and other businesses. The property's configuration includes a main building and two additional attached structures, all sold together as a single unit, creating a unique opportunity for expansion, diversification, or multi-tenant occupancy. This presents a rare chance to acquire a substantial commercial footprint in a thriving downtown area. The existing buildings offer immediate income potential or the possibility for extensive renovation and redevelopment to suit a variety of commercial uses. The high traffic area and established commercial presence make this property an attractive investment for both seasoned investors and new entrepreneurs seeking a foothold in a dynamic market. The 0.56-acre lot provides ample space for potential future expansion or outdoor amenities. This is a turnkey opportunity to acquire a significant commercial property in a desirable location with substantial upside potential. The asking price is $629,000.

    Property Features for 119 5Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,000 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1921
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DOWNTOWN LIQUOR Liquor Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tuscumbia
    County
    Colbert
    State
    Alabama
    Longitude
    -87.70474
    Latitude
    34.73211

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    FAQs

    What type of property is this?
    Commercial real estate - High-potential commercial property in prime location.
    Where is this commercial real estate located?
    The property is located at 119 5Th St Tuscumbia, AL.
    What is the asking price?
    The asking price for this property is $629,000.
    (256) 284-7781
    Request Owner's contact information
    119 5Th St Tuscumbia, AL 35674
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    Tuscumbia, AL 35674
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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
    119 5Th St Tuscumbia, AL 35674
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