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Property profile & analytics
OFF-MARKET
Retail space

1814 George Wallace Hwy Russellville, AL 35654

8,268 SF 1.06 ac lot Built 2002
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US03-2703350
Property summary
AI-generated overview

This exceptional 8,190 square foot commercial building is situated on a highly visible 1.06-acre lot directly on Highway 43 in Russellville, Alabama. The property boasts ample parking at the front and additional space to the side and rear of the building, ensuring convenient access for customers and employees. The versatile interior layout includes a kitchen, a private room, a large open area, and restrooms, offering flexibility for a wide range of business uses. Previous uses have included a popular local venue, demonstrating its adaptability. The building's size and location make it ideal for various commercial ventures, including but not limited to fitness centers, restaurants, daycare facilities, heated storage units, retail spaces, or office spaces. The property's prominent highway frontage ensures high visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the Russellville market. All information should be independently verified by the buyer. This is a rare opportunity to acquire a well-located, spacious commercial building with significant potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Total area 8,268 SF
Lot 1.06 ac (46,174 SF)
APN 22-08-27-0-001-003.001
UPID US03-2703350
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
Current use
Occupant on record · Public records
  • FedEx OnSite Postal Service Courier Service
  • Fiesta Palace Event Center Hotel & Motel Resort
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
L & C Sanchez LLC · 4 yrs held
L & C Sanchez LLC
since 2022
Last sale
$241,000
2 recorded transactions
2022
$1,000
2022
$241,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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