503 Markeeta Rd Leeds, AL 35094
This exceptional 3.7-acre property in Leeds, Alabama, presents a unique investment opportunity. Currently configured as a well-maintained church, it's ideally suited for a variety of uses including places of worship, schools, or event venues. The building is equipped with all necessary furnishings, including pews, tables, chairs, and a complete audio-visual system, ensuring immediate operational readiness. A recently remodeled basement features a spacious fellowship hall, updated with new appliances, countertops, and tile flooring. Ample parking and expansive outdoor areas cater to large gatherings and events. The property's convenient location offers easy access to Interstate 20 and is less than 23 minutes from Birmingham Airport, providing excellent accessibility and visibility. The significant acreage allows for future expansion, presenting considerable potential for growth and development. This turnkey property is ready for its next chapter, offering a blend of functionality, convenience, and significant space. The existing infrastructure and features minimize upfront investment, making it an attractive proposition for various commercial ventures. The property's versatility and prime location make it a compelling investment opportunity in a thriving area.
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
Similar Nearby for Lease
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.