11584 Co Rd Verbena, AL 36091
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.
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.