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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Ala Ave Monroeville, AL 36460

1,873 SF 0.8 ac lot Built 1966
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents ±10 acres of land for sale, strategically located on South Alabama Avenue in Monroeville, Alabama. The property boasts a prime location directly across from a Walmart Supercenter, the only one within a 25-mile radius, ensuring high visibility and significant foot traffic. The seller will subdivide the land, offering flexible options for various development projects. Several parcels are available, ranging from approximately 0.8 acres to 1.9 acres, with potential building sizes ranging from 3,700 square feet to 15,600 square feet. Individual lot pricing varies, with options starting at $100,000. The property features a single-story building constructed in 1966, totaling 1,873 square feet, currently leased until August 19, 2025. The property is zoned for retail, office, medical office, and self-storage uses, providing versatility for a range of businesses. Monroeville, the county seat of Monroe County, is experiencing robust economic growth, evidenced by recent developments such as the expansion of Monroe County Hospital and the relocation of Sterling Packaging. This thriving community, home to Gate Precast and Coastal Alabama Community College, offers a strong foundation for a successful commercial venture. The property's APN is 26061400010010040. Cross street access is available via Plant Drive. This is an unparalleled chance to capitalize on the growth of Monroeville and its strategic proximity to a major retail anchor.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1966
Total area 1,873 SF
Lot 0.8 ac (34,848 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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