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Property profile & analytics
OFF-MARKET
Retail space

1505 Selma Ave Selma, AL 36703-3861

911 SF 0.15 ac lot Built 1947
Individually Owned Absentee Owner Free & Clear
Property ID
US03-1326130
Property summary
AI-generated overview

This exceptional commercial property, located at 1505 Selma Avenue in Selma, Alabama, presents a unique investment opportunity. Situated on a corner lot, this property offers significant versatility, suitable for either retail or residential development. The building requires some tender loving care (TLC), presenting a chance for a buyer to add value through renovations and improvements. The asking price is $30,000, making it an attractive entry point into the Selma commercial real estate market. The property's zoning allows for a range of uses, providing flexibility for potential buyers. While the square footage is not currently specified, the corner lot location offers excellent visibility and accessibility, crucial for any commercial venture. The property's potential is significant, and its affordability makes it an ideal choice for investors seeking a project with substantial upside. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this promising Selma location. The property is being sold as-is. Further details regarding the property's specifics are available upon request. Don't miss this chance to acquire a valuable piece of Selma real estate.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1947
Construction FRAME
Total area 911 SF
Lot 0.15 ac (6,750 SF)
Zoning code S
APN 11073610010400000
UPID US03-1326130
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
ETTA S WEAVER
ETTA S WEAVER
Zoning & alternative use
S · Selma, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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