1550 Schillinger N Rd, Semmes, AL 36575-7406
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.
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
Similar Nearby for Lease
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.