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Property profile & analytics
OFF-MARKET
Office Spaces

503 Markeeta Rd Leeds, AL 35094

3.7 ac lot Built 1955
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1955
Lot 3.7 ac (161,172 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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