You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Bars & Pubs

116 Ladiga SW St Jacksonville, AL 36265-2536

1,915 SF 0.09 ac lot Built 1950
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-1149113
Property summary
AI-generated overview

This versatile commercial building, priced at $320,000, presents a unique investment opportunity in the heart of downtown Jacksonville, Alabama's bustling college town square. The property, located at 116 Ladiga Street SW, sits on a 0.09-acre lot and offers high visibility and high traffic volume, ideal for a variety of businesses. The building's previous use as a thriving bar makes it particularly well-suited for entertainment venues such as a bar, nightclub, or live music establishment. An adjacent room provides ample space for additional activities, such as a pool table area. The property also boasts a large rear deck complete with a built-in bar, perfect for outdoor entertainment and expanding the venue's capacity. Included in the sale is the adjacent parking lot located at 114 Ladiga Street SW, ensuring convenient parking for patrons. A lease option is also available for those seeking a less capital-intensive entry point. This prime location offers exceptional potential for a thriving business in a vibrant and active community. The property's history and existing features combine to create a turnkey opportunity for an entrepreneur seeking a high-impact commercial space.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1950
Construction BRICK
Total area 1,915 SF
Lot 0.09 ac (4,008 SF)
APN 12-06-14-1-004-016.000
UPID US03-1149113
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dan R Nolen JR · 6 yrs held
Dan R Nolen JR
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 116 Ladiga SW St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message