120 Wesley N Ave Cullman, AL 35058-1474
This exceptional investment opportunity presents a 0.87-acre commercial land parcel in Cullman, Alabama, situated adjacent to a Dollar General Market at 120 Wesley Ave N. The property is ideally located near the signalized intersection of AL-69 and Wesley Ave N, boasting combined daily traffic counts of approximately 7,717 vehicles. This high-traffic area is further enhanced by the proximity of other established businesses including Dollar Tree, Family Dollar, a fire station, Fuel City, and Chesley Oaks Golf Course. The property benefits from strong demographics, with a 10-mile radius encompassing approximately 36,391 residents and an average household income of approximately $81,357. Significant population growth is projected, with a 5% increase observed from 2020-2024 and an anticipated 8.18% future growth within a 5-mile radius. The flexible zoning allows for a variety of general commercial uses. This is an absolute $1 auction with no reserve, scheduled for December 9-11, 2024. The property is offered fee simple. Cullman's strategic location along Interstate 65, midway between Birmingham and Huntsville, provides excellent access to major transportation routes. This makes it an attractive location for businesses and industries, solidifying its position as a key logistical hub. The absence of a zoning ordinance in Cullman County and the town of Fairview offers considerable flexibility for development.
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FedEx OnSite Postal Service Courier Service
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Redbox Cinema (Bike/Boat/Book/etc) Store
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Western Union Bank Credit Union
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DG Market Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.