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Property profile & analytics
OFF-MARKET
Retail space

119 5th St Tuscumbia, AL 35674-2411

5,834 SF Built 1925
Individually Owned Absentee Owner Free & Clear
Property ID
US03-2802898
Property summary
AI-generated overview

This exceptional commercial property, located at 119 5th Street in the heart of Tuscumbia, Alabama, presents a significant investment opportunity. The property encompasses a substantial 4,000 square feet of space situated on a 0.56-acre lot. Its prime downtown location offers unparalleled visibility and accessibility, surrounded by a vibrant mix of restaurants, clothing stores, and other businesses. The property's configuration includes a main building and two additional attached structures, all sold together as a single unit, creating a unique opportunity for expansion, diversification, or multi-tenant occupancy. This presents a rare chance to acquire a substantial commercial footprint in a thriving downtown area. The existing buildings offer immediate income potential or the possibility for extensive renovation and redevelopment to suit a variety of commercial uses. The high traffic area and established commercial presence make this property an attractive investment for both seasoned investors and new entrepreneurs seeking a foothold in a dynamic market. The 0.56-acre lot provides ample space for potential future expansion or outdoor amenities. This is a turnkey opportunity to acquire a significant commercial property in a desirable location with substantial upside potential. The asking price is $629,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,834 SF
APN 13-02-04-3-004-063.000
UPID US03-2802898
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
  • DOWNTOWN LIQUOR (Bike/Boat/Book/etc) Store Wine and Liquor Store
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
DAVID CROUCH
DAVID CROUCH
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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