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    5435 Al-21 Atmore, AL 36502

    For Sale
    $299,900

    0.9-acre tract near I-65 & casino

    Property size:
    1,552 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.9-acre commercial land parcel in Atmore, Alabama, presents a unique investment opportunity. Located on Highway 21, less than a mile from Interstate 65 and the Wind Creek Casino, this property boasts unparalleled visibility and high traffic volume, estimated at 300,000 vehicles daily. The site's proximity to four hotels, eight restaurants, and a drag raceway further enhances its commercial potential. Currently unzoned, this mixed-use, special-purpose land offers significant flexibility for a variety of commercial ventures. The 1,552 square foot lot features one single-story building constructed in 1972, with three units and three bedrooms. The asking price is $299,900, translating to $193.23 per square foot. This prime location, situated in a growing community, offers exceptional access to a large customer base drawn to the area's attractions. The property's paved road frontage on Highway 21 ensures excellent visibility and accessibility. This is an ideal investment for entrepreneurs seeking high-traffic exposure and a strategic location near major transportation arteries and entertainment venues. Property details include APN 30 11 09 32 0 200 002.001. Serious inquiries are encouraged.

    Property Features for 5435 Al-21

    General Information

    Property type
    Specialty properties
    Square Feet
    1,552 SF
    Lot Size
    39,204 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • Major Highway 21 frontage with paved road access.
    • Less than one mile to I‑65 and a casino.
    • Excellent location in a rapidly developing area.
    • High traffic counts and strong visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Atmore
    County
    Escambia
    State
    Alabama
    Longitude
    -87.480155628998
    Latitude
    31.099418412396

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    FAQs

    What type of property is this?
    Specialty property - 0.9-acre tract near I-65 & casino
    Where is this specialty property located?
    The property is located at 5435 Al-21 Atmore, AL.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: Major Highway 21 frontage with paved road access.; Less than one mile to I-65 and a casino.; Excellent location in a rapidly developing area.
    Request Owner's contact information
    5435 Al-21 Atmore, AL 36502
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    Atmore, AL 36502
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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
    5435 Al-21 Atmore, AL 36502
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