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    Highland Ave Selma, AL 36701

    For Sale
    Contact for pricing

    High-traffic corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land parcel, located at the corner of Highland Avenue and Church Street in Selma, Alabama, presents a unique investment opportunity. The property boasts a substantial 21,372 square feet of land, offering ample space for a variety of commercial ventures. Its prime corner location ensures high visibility and accessibility, benefiting from significant traffic counts. The dimensions of the lot are approximately 156 feet by 137 feet, providing a versatile footprint for development. The property is zoned for commercial use (verification required by buyer). The asking price is $29,950, representing a significant value proposition considering the tax appraisal of $46,500. This presents a compelling opportunity for investors seeking a strategically located commercial property in a growing area. The property's address is Highland Ave, Selma, AL 36701, within Dallas County. The location offers easy access to major roadways and local amenities. This is a rare opportunity to acquire a well-situated commercial lot at a highly competitive price. Serious inquiries are encouraged.

    Property Features for 0 Highland Ave

    General Information

    Property type
    Land

    HighLights

    • 21,372 SF commercial lot in Selma, AL.
    • Prime corner location at Highland Ave & Church St with high visibility and traffic.
    • Dimensions approximately 156' x 137', suitable for various commercial uses.
    • Zoned commercial (buyer to verify).
    • Asking price: $29,950; Tax appraised at $46,500.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Selma
    County
    Dallas
    State
    Alabama
    Longitude
    -87.02744
    Latitude
    32.43125

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for development.
    Where is this land located?
    The property is located at Highland Ave Selma, AL.
    What is the asking price?
    The asking price for this property is $29,950.
    What are key features of this property?
    This property features: 21,372 SF commercial lot in Selma, AL.; Prime corner location at Highland Ave & Church St with high visibility and traffic.; Dimensions approximately 156' x 137', suitable for various commercial uses.
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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
    Highland Ave Selma, AL 36701
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