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    101 Washington St Demopolis, AL 36732

    Sponsored
    For Sale
    $490,000

    Downtown Demopolis retail space, high foot traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 101 E Washington St in Demopolis, Alabama, presents a unique investment opportunity. Priced at $490,000, this 6,000 square foot lot boasts a prime downtown location directly across from City Hall and Demopolis Park, ensuring high visibility and significant foot traffic. The property is zoned B-2 Central Business, allowing for a wide range of commercial uses. The lot dimensions are 79 feet by 75 feet, providing ample space for development or expansion. All utilities are readily available, simplifying the setup process for any prospective business. Its strategic position in the heart of Demopolis offers unparalleled access to the city's vibrant commercial activity and a strong customer base. This property is ideal for entrepreneurs seeking a high-traffic location to establish or expand their business within a thriving community. The address is 36732, Marengo County, Alabama. This is a rare opportunity to acquire a well-situated retail property in a desirable location.

    Property Features for 101 Washington St

    General Information

    Property type
    Retail properties

    HighLights

    • $490,000 asking price.
    • Retail property.
    • B‑2 Central Business zoning.
    • 6,000 square foot lot.
    • Located at 101 E Washington St, Demopolis, AL 36732.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mustard Seed Boutique

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Demopolis
    County
    Marengo
    State
    Alabama
    Longitude
    -87.8374577
    Latitude
    32.5172934

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    FAQs

    What type of property is this?
    Retail property - Downtown Demopolis retail space, high foot traffic.
    Where is this retail property located?
    The property is located at 101 Washington St Demopolis, AL.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: $490,000 asking price.; Retail property.; B-2 Central Business zoning.
    (334) 289-8470
    Request Owner's contact information
    101 Washington St Demopolis, AL 36732
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    Demopolis, AL 36732
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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
    101 Washington St Demopolis, AL 36732
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