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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11584 Co Rd Verbena, AL 36091

7,540 SF 1.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Verbena, Alabama, presents a unique investment opportunity. Located at 11584 Co Rd 24, 36091, this 1.37-acre lot encompasses three separate buildings totaling 7,540 square feet. Currently configured as a welding shop, the property offers immense versatility. The adaptable space is ideal for a variety of uses, including auto repair, a car wash, warehouse storage, a retail shop, or a restaurant. The asking price is $300,000, translating to $39.79 per square foot. The property's layout allows for the owner to operate a business in one building while generating additional income by leasing the other two buildings to tenants. This presents a compelling opportunity to combine personal business operations with a lucrative rental income stream. The property's location in Chilton County, Alabama, provides convenient access to local businesses and residents. This multi-building complex offers significant potential for growth and profitability, making it an attractive investment for entrepreneurs and investors alike. The flexibility of the space allows for a wide range of business ventures, ensuring a strong return on investment. Don't miss this chance to acquire a versatile and profitable commercial property in a thriving community.

Property profile
Verified
Property type Retail properties & Spaces
Total area 7,540 SF
Lot 1.37 ac (59,677 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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