1609 Broad St 1611 Selma, AL 36701-4202
This exceptional commercial property, located at 1609 Broad Street in Selma, Alabama, presents a compelling investment opportunity. Priced at $111,500, this general commercial building offers significant potential for a variety of uses. While the square footage is currently unavailable, the property sits on a 0-acre lot, providing ample space for potential expansion or outdoor activities depending on the intended use. The property's address on Broad Street places it in a high-traffic area of Selma, ensuring excellent visibility and accessibility for any business. Its strategic location within the city offers convenient access to local amenities, transportation routes, and a diverse customer base. This presents a unique chance to acquire a well-situated commercial property in a growing market. The absence of specified square footage allows for flexible planning and adaptation to suit a wide range of business needs. Serious inquiries are encouraged to explore the possibilities this property offers. The property is being sold as-is. Further details regarding the building's interior and structural features are available upon request. Don't miss this chance to secure a valuable asset in a desirable Selma location.
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
C · Selma, ALCosts & 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.