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    203 1St Ave Reform, AL 35466

    For Sale
    $199,900

    Affordable Office Space in Growing Reform, AL

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional office building, located at 203 1st Avenue E in Reform, Alabama, presents a unique investment opportunity. Priced at $199,900, this property offers significant potential for a variety of commercial uses. While the exact square footage is currently unavailable, the building sits on a conveniently sized lot of zero acres, making it ideal for easy access and minimal maintenance. Its prime location in Reform ensures high visibility and accessibility for clients and employees. The building's current configuration is suitable for immediate occupancy, although renovations or customization could further enhance its value and functionality. This property is perfect for a small business seeking a dedicated space, a growing company needing expansion room, or an investor looking for a strong return on investment in a stable market. The absence of specified square footage allows for flexibility in planning and usage. The asking price represents a compelling opportunity to acquire a well-situated commercial property in a developing area. Serious inquiries are encouraged to explore the full potential of this promising investment. Further details regarding the building's interior layout and specifications are available upon request. Don't miss this chance to secure a valuable asset in the heart of Reform.

    Property Features for 203 1St Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1948
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Reform
    County
    Pickens
    State
    Alabama
    Longitude
    -88.01404
    Latitude
    33.37822

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    FAQs

    What type of property is this?
    Office Property / Space - Affordable Office Space in Growing Reform, AL
    Where is this office property / space located?
    The property is located at 203 1St Ave Reform, AL.
    What is the asking price?
    The asking price for this property is $199,900.
    (205) 345-0654
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    203 1St Ave Reform, AL 35466
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    Reform, AL 35466
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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
    203 1St Ave Reform, AL 35466
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