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Historic Redevelopment Site with Large Footprint
For Sale
$499,000

515 Mabry St, Selma, AL 36701

Historic redevelopment property on 2.65 acres, zoned R-50-P, with eligibility for historic tax credits and grant funding.

Property Size33,543 SF
Lot Size2.65 Acres
Price / SF$14.88
Days on Market200

Property Features for 515 Mabry St

General Information

Standard status Active
Size 33,543 SF
Class B
Lot size 2.65 Acres
Property subtype Other Hospitality
Zoning R-50-P

Building Details

Building Size 33,543 SF
Year Built 1884
Listing Agency: eXp Commercial | Georgia
Listed By: Sabriya Morris
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 15 Last Checked: Sep 6 at 3:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial | Georgia

Investment Insights

Based on property information with market context.

515 Mabry St presents a large-scale historic redevelopment opportunity with a substantial footprint totaling 33,543 SF on 2.65 acres. The property is offered as a historic structure, making it a strong candidate for programs associated with historic preservation, including historic tax credits and grant funding as noted in the offering materials.

The site is zoned R-50-P (Planned Residence District) and is described as being located in the heart of downtown Selma. That combination of scale and historic character is positioned to support a range of redevelopment concepts, subject to applicable approvals.

Additional information and a property tour are available upon receiving verifiable proof of funds (POF). Owner financing is also indicated as available.

Key Highlights

  • Historic redevelopment site built in 1884 on 2.65 acres in Selma, AL
  • Total size: approximately 33,543 SF for large‑scale redevelopment
  • Zoned R‑50‑P Planned Residence District

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Parking Lot & Garage Bakery HVAC Service Skin Care Clinic Garden Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

641
Businesses Nearby

Demographics for 36701, AL

21,448
Population
10,390
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
91%
High-School Grad
277.3 sq mi
ZIP Area
77
Density / Sq Mi
$40,466
Median Household Income
$28,852
Median Earnings
$823
Median Rent
$111,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical center - Historic redevelopment property on 2.65 acres, zoned R-50-P, with eligibility for historic tax credits and grant funding.
Where is this medical center located?
The property is located at 515 Mabry St Selma, AL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Historic redevelopment site built in 1884 on 2.65 acres in Selma, AL; Total size: approximately 33,543 SF for large‑scale redevelopment; Zoned R‑50‑P Planned Residence District
More about this property
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