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Property profile & analytics
OFF-MARKET
Banks

198 Highland Ave Selma, AL 36701-6230

5,892 SF 1.56 ac lot Built 1974
Entity Owned Absentee Owner Free & Clear
Property ID
US03-1115716
Property summary
AI-generated overview

This exceptional commercial property, located at 198 Highland Avenue in Selma, Alabama, presents a compelling investment opportunity. The property is classified as general commercial and is offered at $360,184. While the square footage is not currently specified, the property sits on a lot with zero acres. This makes it ideal for a variety of commercial uses, depending on the buyer's vision and needs. The address, 198 Highland Avenue, places the property in a potentially high-traffic area of Selma, offering excellent visibility and accessibility for customers and clients. The lack of specified square footage allows for flexibility in planning and development. This property is a blank canvas for entrepreneurs and investors looking to establish a presence in the thriving Selma market. Its strategic location and competitive price point make it an attractive proposition for those seeking a strong return on investment. Further due diligence is encouraged to fully assess the property's potential and suitability for specific commercial ventures. Serious inquiries are welcome. The absence of square footage information should be considered when evaluating the property's suitability for your intended use. Contact us to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1974
Construction WOOD
Total area 5,892 SF
Lot 1.56 ac (67,848 SF)
Zoning code C
APN 11062340090060010
UPID US03-1115716
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
  • Jefferson Financial Federal Credit Union Credit Union
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
RIVERDALE CREDIT UNION
RIVERDALE CREDIT UNION
Zoning & alternative use
C · Selma, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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