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    6391 Alexandria Jacksonville Hwy Jacksonville, AL 36265

    For Sale
    $635,000

    8.9 Acres, 8 Rental Units, Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 8.9-acre industrial property in Jacksonville, Alabama, presents a significant investment opportunity. The main house boasts 3200 square feet of living space, featuring hardwood floors, a spacious living room with a wood-burning fireplace, four bedrooms, and two full bathrooms. A full basement offers additional living space, a second kitchen, and a storm shelter, providing ample room for expansion or additional rental units. The property also includes a three-bay garage and a barn, offering versatile storage and workshop space. Currently generating income from eight tenant-occupied rental units – three mobile homes and five tiny homes – this property offers immediate cash flow. The existing infrastructure is complemented by a pond situated on the expansive acreage. The wooded area at the rear of the property provides significant potential for future expansion of the existing rental units, allowing for increased revenue generation. This turnkey operation is ready for a new owner to capitalize on its existing income and substantial growth potential. The property is located at 6391 Alexandria Jacksonville Highway, Jacksonville, AL. The asking price is $635,000.

    Property Features for 6391 Alexandria Jacksonville Hwy

    General Information

    Property type
    Industrial properties
    Lot Size
    387,684 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Jacksonville
    County
    Calhoun
    State
    Alabama
    Longitude
    -85.79301
    Latitude
    33.7946

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    FAQs

    What type of property is this?
    Industrial property - 8.9 Acres, 8 Rental Units, Huge Potential
    Where is this industrial property located?
    The property is located at 6391 Alexandria Jacksonville Hwy Jacksonville, AL.
    What is the asking price?
    The asking price for this property is $635,000.
    (256) 241-1500
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    6391 Alexandria Jacksonville Hwy Jacksonville, AL 36265
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    Jacksonville, AL 36265
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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
    6391 Alexandria Jacksonville Hwy Jacksonville, AL 36265
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