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    OFF-MARKET
    Commercial real estate

    114 Washington NW Ave, Russellville, AL 35653-2245

    2,460 SF 0.07 ac lot Built 1945
    Individually Owned Free & Clear
    Property ID
    US03-1492041
    Property summary
    AI-generated overview

    This exceptional 2,460 square foot commercial building is ideally situated on Washington Avenue in the heart of Russellville, Alabama's bustling business district. Its prime location offers unparalleled visibility and accessibility, making it perfect for a wide range of commercial ventures. Imagine your business thriving in this high-traffic area, surrounded by complementary businesses such as a barber shop, radio station, and bakery. The building itself boasts central air and heat, along with two convenient bathrooms. Its versatile layout is well-suited for various uses, including tire companies, auto repair shops, offices, or parts stores. The property presents a significant opportunity for immediate income generation, given its established location and ready-to-occupy condition. The building's size and amenities provide ample space for operations and potential expansion. This is a rare chance to acquire a well-positioned commercial property in a thriving Alabama town. Don't miss this chance to secure a profitable investment in a high-demand area. The asking price is $145,900.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1945
    Construction CONCRETE BLOCKS
    Total area 2,460 SF
    Lot 0.07 ac (2,910 SF)
    APN 02 09 30 4 402 024.0000
    UPID US03-1492041
    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
    Current use
    Occupant on record · Public records
    • Twisted Performance and Machine Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kerry Lee Hood
    Kerry Lee Hood
    since 2025
    Last sale
    $85,000
    1 recorded transaction
    2025
    $85,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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