3631 Clements Rd Cottondale, AL 35453
- Investment properties
- 936 SF
- 2.03 lot acres
Current Use by Public Records
- Investment properties
Property Details for 3631 Clements Rd
- Year built
- 1972
- Lot size
- 2.03 lot acres
- Property size
- 936 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 30-07-36-2-002-004.000
- APU
- 3007362002004000
Description
This exceptional 2.62-acre property at 3631 Clements Road, Cottondale, Alabama, presents a unique investment opportunity. The site encompasses a thriving mobile home park and a substantial retail-zoned lot, currently operating as a single entity. The property boasts a total of 4,046 square feet of built space, including seven mobile homes. Three of these mobile homes are currently generating rental income, providing a consistent revenue stream for the new owner. The property's zoning designation as "Retail - Mixed Use" offers significant flexibility for future development. An investor could capitalize on the existing rental income from the mobile homes while simultaneously exploring various options for the retail space, such as expanding the existing mobile home park, constructing new retail buildings, or pursuing other compatible commercial ventures. The property's size and zoning provide ample room for expansion and diversification of income streams. This is a rare chance to acquire a multi-faceted property with immediate income potential and substantial long-term growth prospects in a desirable location. Detailed information on the mobile home is available via a separate residential listing (WAMLS# 152349). This turnkey investment is ready for a new owner to take advantage of its existing income and future development potential. Don't miss this chance to acquire a high-yield property in a growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cottondale
- County
- Tuscaloosa
- State
- Alabama
- Longitude
- -87.4373
- Latitude
- 33.1739
- CBSA code
- 46220
- CBSA name
- TUSCALOOSA, AL METROPOLITAN STATISTICAL AREA