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    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    1550 Schillinger N Rd, Semmes, AL 36575-7406

    3,720 SF 0.44 ac lot Built 1980
    Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US03-2967902
    Property summary
    AI-generated overview

    This exceptional 3,720 square foot commercial building presents a remarkable investment opportunity in Semmes, Alabama. Located on a highly visible 0.58-acre corner lot at 1550 Schillinger Road N, this property boasts 93 feet of frontage on the well-traveled Schillinger Road North, just 0.7 miles south of the new Publix. The building, formerly used as a machine/equipment shop and currently utilized for storage, offers significant potential for redevelopment. Features include upgraded Phase III power/electrical systems, a convenient roll-up door, and upgraded plumbing, making it suitable for a variety of commercial uses, including office space or retail. The property's strategic location is surrounded by burgeoning residential, shopping, and commercial developments, promising substantial future growth and increased value. This is an exceptional chance to capitalize on a prime location and a versatile building. The existing structure and all improvements are sold "as is," with no warranties expressed or implied. This property is ready for your vision and entrepreneurial spirit. Don't miss this chance to secure a piece of Semmes's thriving commercial landscape.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
    Year built 1980
    Total area 3,720 SF
    Lot 0.44 ac (19,297 SF)
    APN 28 03 06 3 000 004.03X
    UPID US03-2967902
    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
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Fremin S Contractor Services LLC · 10 yrs held
    Fremin S Contractor Services LLC
    since 2016
    6 recorded transactions
    2016
    $139,000
    2015
    $134,100
    2015
    $100,000
    2010
    $9,500
    2010
    $21,000
    2010
    $21,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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