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    Pamona Pkwy Semmes, AL 36575

    For Sale
    $269,900

    Rare Semmes acreage, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 6.5-acre parcel presents a unique investment opportunity in the thriving Semmes, Alabama market. Located on Pamona Parkway, this expansive lot offers significant potential for various commercial ventures. Its strategic position across the road from the well-known Hickory Pit Restaurant ensures high visibility and convenient access. The property's considerable size allows for a wide range of development possibilities, including but not limited to, the construction of commercial buildings, apartment complexes, or other suitable businesses. The parcel's proximity to Moffett Road adds further appeal, as it can be combined with an adjacent half-acre lot (MLS # 619833) to provide direct Moffett Road access, enhancing accessibility and logistical advantages. This prime location in the heart of Semmes offers a blend of visibility, accessibility, and development potential, making it an attractive proposition for discerning investors seeking a substantial land holding in a rapidly growing area. The asking price of $269,900 reflects the exceptional value and potential this property offers. Don't miss this chance to acquire a significant piece of Semmes real estate. Act quickly, as opportunities like this are rare.

    Property Features for Pamona Pkwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    283,140 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Semmes
    County
    Mobile - AL
    State
    Alabama
    Longitude
    -88.25212
    Latitude
    30.77834

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    FAQs

    What type of property is this?
    Commercial real estate - Rare Semmes acreage, development potential.
    Where is this commercial real estate located?
    The property is located at Pamona Pkwy Semmes, AL.
    What is the asking price?
    The asking price for this property is $269,900.
    (251) 649-1000
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    Pamona Pkwy Semmes, AL 36575
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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
    Pamona Pkwy Semmes, AL 36575
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