1628 9th St Leeds, AL 35094-4140
This exceptional four-unit commercial building in Leeds, Alabama, presents a compelling investment opportunity. Situated on a 0.27-acre lot with prime road frontage at 1628 9TH STREET, the property boasts over 4,000 square feet of brick construction. Currently 100% occupied by long-term tenants, this asset offers immediate and consistent cash flow. The low-maintenance design minimizes operational expenses, contributing to a highly stable income stream. Each of the four units features individually metered power and water, simplifying utility management and tenant billing. The property is priced significantly below its tax appraisal, representing a substantial value proposition for discerning investors. This is a rare chance to acquire a well-maintained, high-performing commercial property in a desirable location. The strong tenant occupancy and low maintenance requirements make this an ideal investment for those seeking passive income and long-term appreciation. The strategic location and substantial square footage provide significant potential for future growth and increased profitability. Don't miss this opportunity to secure a stable and lucrative investment in a thriving Alabama market. The asking price is $389,900.
-
Humphries Screen Printing LLC (Bike/Boat/Book/etc) Store Printing Service
-
Dr. Lisa Panthel, DPM Physician
-
Blossom Spa Spa & Massage Center
-
BE Set Free Counseling and LIfe Coaching Crisis Center Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
M1 · Leeds, ALLeeds. Always verify with local authorities before improvements.
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.