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    5933 Hwy Slocomb, AL 36375

    Sponsored
    For Sale
    $30,000

    Renovation Opportunity: High-Traffic Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property presents a unique investment opportunity for savvy buyers. Situated on approximately one acre of land along the bustling Highway 123, between Hartford and Wicksburg, Alabama, this 2410 square foot building offers significant potential. Currently configured as an older church building, it requires substantial renovation. The property sits on a crawlspace foundation. The roof needs complete replacement, and the interior requires extensive work, including the installation of new drywall in several areas, potentially throughout the entire structure. Despite needing significant upgrades, the prime location on Highway 123 ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The substantial square footage provides ample space for customization and adaptation to suit diverse business needs. This property is priced affordably at $30,000, representing a remarkable value for entrepreneurs seeking a high-traffic location to establish their business. The one-acre lot offers potential for expansion or additional development. This is a chance to acquire a strategically positioned property with significant upside potential, requiring vision and investment to unlock its full value. Serious inquiries only.

    Property Features for 5933 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Slocomb
    County
    Geneva
    State
    Alabama
    Longitude
    -85.63565
    Latitude
    31.16411

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    FAQs

    What type of property is this?
    Commercial real estate - Renovation Opportunity: High-Traffic Location
    Where is this commercial real estate located?
    The property is located at 5933 Hwy Slocomb, AL.
    What is the asking price?
    The asking price for this property is $30,000.
    (334) 588-3124
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    5933 Hwy Slocomb, AL 36375
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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
    5933 Hwy Slocomb, AL 36375
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