1102 Us-29 Andalusia, AL 36421
This exceptional Class A redevelopment opportunity presents a 4,000 square foot retail site in Andalusia, Alabama, situated on a 1-3 acre lot at 1102 US-29. The property boasts a single-story building with 100% occupancy since January 1, 1980, and is zoned for business use. This fee-simple ownership includes a thriving business currently operating on the premises. The sale may potentially include an adjacent property owned by the same party, offering significant expansion possibilities. Furthermore, the property is available for sale individually or in conjunction with a neighboring Sunset Inn Hotel, creating a unique opportunity for a larger-scale investment. The property's prime location and existing infrastructure make it an ideal candidate for various redevelopment projects, catering to a range of commercial ventures. The property's APN is 23 13 05 15 2 003 002.000. Serious inquiries only
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.