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Property profile

114 Washington NW Ave Russellville, AL 35653

OFF-MARKET
Commercial real estate
Property ID
US03-1492041
2,460 SF 0.07 ac lot Built 1945
Individually Owned Free & Clear

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$85,000
1 recorded transaction
2025
$85,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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