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    3152 1st Ave Loxley, AL 36551

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $365,000

    Prime Loxley retail space, leased through August 2025.

    Property size:
    2,110 SF

    Description

    Added:
    Feb 6, 2025
    Days on Market:
    334
    This exceptional 1,980 square foot retail building in historic Loxley, Alabama, presents a compelling investment opportunity. Situated on a 0.17-acre lot at 3152 1st Ave, 36551, this property enjoys a highly desirable location adjacent to the planned Loxley Municipal City Hall, library, and city center, ensuring high visibility and foot traffic. The building boasts a recent, comprehensive remodel, including a new roof and HVAC system, ensuring optimal functionality and reduced maintenance costs. Currently occupied by a tenant under a lease agreement extending through August 2025, this provides immediate cash flow and a stable investment. The building is zoned B-1 within the City of Loxley Planning and Zoning District. The total building size is 2,110 square feet, with 1,980 square feet of net leasable space. This property is ideal for investors seeking a well-maintained, historically significant retail space in a rapidly developing area. Serious inquiries only; all showings require prior scheduling.

    Property Features for 3152 1st Ave

    General Information

    Property type
    Other retail properties
    Square Feet
    2,110 SF
    Price / Square Foot
    $172
    Elevators
    N/A
    Net Rentable
    1,980 SF
    Lot Size
    7,423 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    1

    HighLights

    • Prime Loxley location near new City Hall, library, and city center.
    • 1,980 sq ft building with updated roof and HVAC systems.
    • Existing tenant lease through August 2025.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loxley
    State
    Alabama
    Longitude
    -87.75011
    Latitude
    30.621725

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Other retail property - Prime Loxley retail space, leased through August 2025.
    Where is this other retail property located?
    The property is located at 3152 1st Ave Loxley, AL.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: Prime Loxley location near new City Hall, library, and city center.; 1,980 sq ft building with updated roof and HVAC systems.; Existing tenant lease through August 2025.
    (850) 564-0120
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    3152 1st Ave Loxley, AL 36551
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    Loxley, AL 36551
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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
    3152 1st Ave Loxley, AL 36551
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