1703 Water Ave Selma, AL 36703-3122
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.
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
C · Selma, ALNo recorded transactions found for this property.
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.