5108 Gary Ave Fairfield, AL 35064-2182
This exceptional Fairfield, Alabama retail opportunity presents two adjacent brick buildings situated on a 0.09-acre lot at 5108 Gary Avenue. Priced at $165,000, this property offers incredible versatility and potential for a variety of businesses. The buildings, 5106 and 5108 Gary Avenue, are separately metered, providing the flexibility to operate as two independent spaces or combine them for a larger footprint. The all-brick construction ensures durability and a professional aesthetic. The property's zoning allows for a wide range of uses, making it suitable for a hair salon, barbershop, restaurant, small lounge, or various retail ventures. This is a rare chance to acquire a well-located, adaptable property in a thriving area. The individual metering allows for efficient utility management and cost control, regardless of whether the buildings are used separately or together. The combined space offers significant potential for expansion or diversification of a business. This property is ready for immediate occupancy and presents a unique opportunity for entrepreneurs and investors alike. The strategic location in Fairfield offers excellent visibility and accessibility, ensuring a strong foundation for success. Don't miss this chance to secure a prime retail space in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B3 · Fairfield, ALCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.