Property profile

1801 Dallas Ave Selma, AL 36701

OFF-MARKET
Other investment properties
Property ID
US03-1192244
47,360 SF 5.15 ac lot Built 1975
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is an inline shopping center configuration totaling approximately 14,080 square feet, with an office or retail suite of approximately 1,645 square feet and additional inline space comprising approximately 12,435 square feet. The center has recent site and tenant-support improvements that include a replaced or newly constructed parking lot and updated digital signage. The parking area includes an approximately 0.5 to 0.75-acre pad that is suitable for a ground lease arrangement or for build-to-suit development. The shopping center is situated directly across the street from a newly constructed Aldi.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 47,360 SF
Lot 5.15 ac (224,334 SF)
APN 16020300020480000
UPID US03-1192244

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Tutoring Service
  • Bank Loan Service

Location

1801 Dallas Ave Selma, AL 36701-7026
Selma metro Census 956702 SELMA, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2017
2 recorded transactions
2024
Price N/A
2017
$197,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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