00 Lee Road 346 Salem, AL 36874
- Retail properties
- 0.55 lot acres
Current Use by Public Records
- Retail properties
Property Details for 00 Lee Road 346
- Year built
- 2018
- Lot size
- 0.55 lot acres
- Property type
- Retail properties
Description
This exceptional 0.55-acre retail property in Salem, Alabama, presents a lucrative investment opportunity. Built in 2018, the single-building property features a well-established RV park with three developed lots, offering immediate income generation. The park's prime location provides ample shade and room for expansion or upgrades, ensuring long-term growth potential. A laundry building is already in place, with plumbing for a future bathroom addition. A significant advantage is direct access to a boat ramp on Lake Harding, providing recreational opportunities for residents and attracting additional clientele. This unique combination of established income, expansion potential, and desirable lake access makes this property an attractive investment for discerning buyers seeking a steady stream of revenue with minimal maintenance. The asking price is $120,000. The property is located at 00 Lee Rd 346, Salem, AL 36874, in Lee County. This is a rare opportunity to acquire a profitable, established business with significant upside.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Lee - AL
- State
- Alabama
- Longitude
- -85.1735
- Latitude
- 32.5923
