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    1772 Alabama Ave Monroeville, AL 36460

    Sponsored
    For Sale
    $70,000

    0.4-acre commercial lot, prime location. All offers subject to Walgreens approval.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.4-acre commercial land parcel presents a unique investment opportunity in Monroeville, Alabama. Located at 1772 S Alabama Ave, in Monroe County, this property offers significant potential for various commercial ventures. The asking price is $70,000. The property's convenient location within Monroeville, zip code 36460, ensures high visibility and accessibility. This is a prime opportunity for developers or businesses seeking a strategic location in a growing area. It's important to note that all offers for this property are subject to approval by the Walgreens Real Estate Committee. The property is classified as commercial land and offers a blank canvas for your vision. Serious inquiries are encouraged. Coordinates for the property are latitude 31.50128472966795 and longitude -87.31993474831084.

    Property Features for 1772 Alabama Ave

    General Information

    Property type
    Land
    Lot Size
    17,424 SF

    HighLights

    • 0.4‑acre parcel available for development.
    • Walgreens Real Estate Committee approval required for all offers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Dr. Charles M. ... Family Practice Physician Dr. James A. Stallworth, ... Family Practice Physician Walgreens Drug Store FedEx OnSite Mailing Service

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Monroeville
    County
    Monroe
    State
    Alabama
    Longitude
    -87.319934748311
    Latitude
    31.501284729668

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    FAQs

    What type of property is this?
    Land - 0.4-acre commercial lot, prime location. All offers subject to Walgreens approval.
    Where is this land located?
    The property is located at 1772 Alabama Ave Monroeville, AL.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: 0.4-acre parcel available for development.; Walgreens Real Estate Committee approval required for all offers.;
    (205) 259-2195
    Request Owner's contact information
    1772 Alabama Ave Monroeville, AL 36460
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    Monroeville, AL 36460
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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
    1772 Alabama Ave Monroeville, AL 36460
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