Property profile

319 Hwy 43 Saraland, AL 36571

OFF-MARKET
Land
0.83 ac lot
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Property summary

AI-generated overview

This 0.83-acre commercial land parcel, located at 319 Highway 43 South in Saraland, Alabama (zip code 36571, Mobile County), presents a significant investment opportunity. Priced at $199,900, the property boasts a prime location on the busy Highway 43 North corridor. The lot features two existing buildings on-site, though they are considered to have no value and are not factored into the asking price. Built in 1991, this unimproved land is ideal for a variety of commercial uses, including but not limited to car lots, retail establishments, or mini-storage facilities. The property's APN is 1908330001082. The land is characterized by hardwood flooring (within the existing structures), an asphalt roof (on the existing structures), and lacks any heating or cooling systems. The lease on any existing structures expires October 1st, 2025. This high-traffic location offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors seeking a strategic foothold in the thriving Saraland market. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 0.83 ac (36,155 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

319 Hwy 43 Saraland, AL 36571
Saraland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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