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Property profile

6391 Alexandria Jacksonville Hwy Jacksonville, AL 36265

OFF-MARKET
Industrial properties
8.9 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional 8.9-acre industrial property in Jacksonville, Alabama, presents a significant investment opportunity. The main house boasts 3200 square feet of living space, featuring hardwood floors, a spacious living room with a wood-burning fireplace, four bedrooms, and two full bathrooms. A full basement offers additional living space, a second kitchen, and a storm shelter, providing ample room for expansion or additional rental units. The property also includes a three-bay garage and a barn, offering versatile storage and workshop space. Currently generating income from eight tenant-occupied rental units – three mobile homes and five tiny homes – this property offers immediate cash flow. The existing infrastructure is complemented by a pond situated on the expansive acreage. The wooded area at the rear of the property provides significant potential for future expansion of the existing rental units, allowing for increased revenue generation. This turnkey operation is ready for a new owner to capitalize on its existing income and substantial growth potential. The property is located at 6391 Alexandria Jacksonville Highway, Jacksonville, AL. The asking price is $635,000.

Property profile

Verified
Property type Industrial properties
Year built 1940
Lot 8.9 ac (387,684 SF)

Cap rate & NOI

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

Location

6391 Alexandria Jacksonville Hwy Jacksonville, AL 36265
Jacksonville metro
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Value estimations

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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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