1816 County Road 1354, Vinemont, AL 35179
This exceptional investment opportunity presents a three-unit retail building situated on a spacious 1.4-acre lot in Vinemont, Alabama, at 1816 COUNTY ROAD 1354. The property boasts three distinct retail spaces, each currently occupied. Unit 1, formerly a tanning salon, now functions as a retail business with an office area, half bath, multiple small rooms, a sizable waiting area, marble flooring, and a recently installed HVAC system. Unit 2, a long-standing beauty shop, includes a three-quarter bath, laundry area, full kitchen, tile flooring, and a large area equipped with washing stations. Unit 3, a bridal shop, features a three-quarter bath, a private dressing room, a large open area, a dedicated sewing area, hardwood floors, and a newly installed HVAC compressor. This unit also offers access to an unfinished basement. The building's design allows for straightforward conversion into two or three residential apartments, making it a versatile investment. Original floor plans are available. The sale includes parcels 09-05-16-0-000-019.001 and 09-05-16-0-000-019.000. Priced at $350,000, this property offers significant potential for both immediate income and future development.
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.