701 Washington St Livingston, AL 35470
This exceptional 1.79-acre commercial property in Livingston, Alabama, presents a unique investment opportunity. The site features a former 4,519 square foot Hardee's restaurant building, offering significant potential for redevelopment or repurposing. Its location at 701 N Washington St, in Sumter County, provides excellent visibility and exposure to high traffic volumes. The property benefits from its close proximity to the University of West Alabama, a substantial draw with a student population of 11,188, creating a strong potential customer base for a variety of retail or commercial ventures. The property is situated at 32.594779 latitude and -88.1834977 longitude, in the 35470 zip code. The land is available immediately, allowing for a swift commencement of any planned development or business operations. This is an ideal location for businesses seeking to capitalize on the strong local demographics and high visibility afforded by this prime retail space. The existing building structure, while a former fast-food restaurant, offers a solid foundation for adaptive reuse or complete demolition to accommodate new construction. The ample land area provides flexibility for various development scenarios. This property represents a compelling investment opportunity with significant upside potential.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.