0000 Highway 5 Marion, AL 36756
This exceptional 2.09-acre mixed-use property in Marion, Alabama, presents a unique investment opportunity. Located on Highway 5, the property boasts 245 feet of road frontage, ensuring high visibility for the existing retail building. The deep lot offers significant potential, including a second septic tank and utility hookups, ideal for residential development or expansion. The renovated building features three distinct retail spaces. Two sections share a central counter, office, and restroom, while a third boasts a separate entrance and two restrooms. A removable awning provides flexibility for various uses, including retail, restaurant, or even a gas station, with the added benefit of a rentable unit. The property's existing infrastructure includes its own septic system and utilities, minimizing upfront investment costs. This turnkey operation is ready for immediate occupancy and offers substantial income potential through multiple revenue streams. The strategic location and versatile design make this property an attractive proposition for both established businesses and ambitious entrepreneurs seeking a high-impact investment in a thriving community. The combination of commercial and potential residential development makes this a truly unique opportunity in Perry County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.