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Property profile & analytics
OFF-MARKET
Warehouses

1703 Water Ave Selma, AL 36703-3122

1,500 SF 0.14 ac lot Built 1930
Individually Owned Absentee Owner Free & Clear
Property ID
US03-1140014
Property summary
AI-generated overview

This exceptional commercial property, located at 1703 Water Avenue in Selma, Alabama, presents a unique investment opportunity. Priced aggressively at $10,000, this property offers significant potential for various commercial ventures. The seller is motivated and open to offers, and this property may be purchased as part of a larger package deal, providing additional flexibility and potential for economies of scale. The property's exact square footage is currently unavailable, however, the land itself comprises zero acres. The property is classified as general commercial, allowing for a wide range of potential uses, subject to local zoning regulations. Given its attractive price point and the possibility of a package deal, this property represents a compelling opportunity for investors seeking a foothold in the Selma commercial market. Interested parties are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs and to explore the details of any potential package deal arrangements with the seller. This is a rare chance to acquire a commercial property in a desirable location at a significantly reduced price. Don't miss this opportunity to secure a valuable asset in a growing market. Contact us today to schedule a viewing and learn more about this exciting investment prospect.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1930
Construction WOOD
Total area 1,500 SF
Lot 0.14 ac (6,200 SF)
Zoning code C
APN 12093120020450000
UPID US03-1140014
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
RALPH WILLIAM HOLLEY
RALPH WILLIAM HOLLEY
Zoning & alternative use
C · Selma, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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