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    505 N Main St Atmore, AL 36502

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    For Sale
    $600,000

    Expansive historic building with renovated office space and storage units.

    Property size:
    22,133 SF
    Lot size:
    1.90 Acres

    Property Features for 505 N Main St

    General Information

    Size
    22,133 SF
    Lot size
    1.90 Acres

    Source: Southern Real Estate Agent Debbie Rowell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building with Income Potential

    This historic building offers over 22,000 square feet of versatile space. Formerly the Amerson Roofing Co. and originally known as The Ribbon Mill in the 1950s, this former textile plant features a solid brick exterior and an open warehouse layout. The property includes over 1,000 square feet of recently renovated office space. Situated on more than 2 acres in Atmore, AL, the property also features 25 income-generating mini-storage units. This property presents an investment opportunity with multiple uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Amerson Roofing Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Cotton's Mini Storage

    Location Insight

    • Map
    • Local Demand
    City
    Atmore
    County
    Escambia
    State
    Alabama
    Longitude
    -87.49346
    Latitude
    31.017859

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    FAQs

    What type of property is this?
    Warehouse - Expansive historic building with renovated office space and storage units.
    Where is this warehouse located?
    The property is located at 505 N Main St Atmore, AL.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Expansive 22,000+ sq ft historic building with versatile space.; - Prime location in the heart of Atmore, AL on over 2 acres.; - Includes 25 income-generating mini-storage units.
    (251) 294-6999
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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
    505 N Main St Atmore, AL 36502
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