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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$8k

Tax billed · 2023

Assessed value$146k

Effective rate5.75%

Value estimate

· Nov 2026

$800k

$720k – $880k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency20.3

Dental Office19.2

Building Supply18.4

198 Highland Ave Selma, AL 36701-6230

County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby

Address Sale price Sold Size

610 Broad, Selma, AL 36701-4559 $605,000 May 2024 7,280 SF

721 Broad, Selma, AL 36701-4506 $85,000 Oct 2023 6,550 SF

514 Broad, Selma, AL 36701-4558 $114,700 Mar 2023 7,816 SF

1006 Alabama, Selma, AL 36701-4603 $92,500 Apr 2021 7,350 SF

25 Broad, Selma, AL 36701-4605 $125,000 Sep 2020 6,818 SF

Selma, AL 36701 $2,200,000 May 2020 5,206 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation by Request
5,853 SF

101 Broad St

RETAIL STORES (PERSONAL SERVICES)

101 Broad St, Selma, AL 36701-4606

View Details
Value Estimation by Request
6,600 SF

907 Water Ave

RETAIL STORES (PERSONAL SERVICES)

907 Water Ave, Selma, AL 36701-4616

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Value Estimation
$125,000

6,818 SF

25 Broad St

RETAIL STORES (PERSONAL SERVICES)

25 Broad St, Selma, AL 36701-4605

View Details
Value Estimation by Request
7,421 SF

1 Hickory Rd

SHOW ROOM, WAREHOUSE

1 Hickory Rd, Selma, AL 36701-6229

View Details
Value Estimation by Request
4,476 SF

121 Broad St

RETAIL STORES (PERSONAL SERVICES)

121 Broad St, Selma, AL 36701-4606

View Details
Value Estimation
$115,000

7,816 SF

514 Broad St

RETAIL STORES (PERSONAL SERVICES)

514 Broad St, Selma, AL 36701-4558

View Details

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Similar Nearby for Lease

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1,000 sqft

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Retail Space in Selma, Alabama

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198 Highland Ave Selma, AL 36701

Property summary