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Property profile & analytics
OFF-MARKET
Mixed-use properties

230 5Th St Reform, AL 35481

2,592 SF 0.52 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This exceptional 2,592 square foot mixed-use property, situated on a 0.52-acre lot at 230 5th Street NE in Reform, Alabama, presents a unique investment opportunity. Priced at $145,000, the building is ideally suited for a variety of uses, including event spaces, churches, or a secondary church location. The property boasts ample parking, making it highly accessible and convenient for attendees. Inside, you'll find a well-appointed layout featuring a pastor's study, a dedicated media room, a functional kitchen, and two bathrooms. The large sanctuary is equipped with pews, pulpit chairs, a podium, and is ready for immediate use. This turnkey property eliminates the need for extensive renovations, allowing for a swift transition into operations. The building's strategic location in Reform offers excellent visibility and accessibility, ensuring a strong foundation for success. Its versatile design and ample space cater to a wide range of potential uses, making it an attractive proposition for both established organizations and new ventures. The combination of functionality, location, and price makes this a compelling investment opportunity in the thriving Reform community. Serious inquiries are encouraged to schedule a viewing.

Property profile
Verified
Property type Mixed-use properties
Year built 1970
Total area 2,592 SF
Lot 0.52 ac (22,651 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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