20 Washington St Selma, AL 36703-4448
This exceptional commercial property, located at 20 Washington Street in the heart of Selma, Alabama, presents a compelling investment opportunity. Priced at $380,000, this general commercial building offers significant potential for a variety of uses. While the exact square footage is currently unavailable, the property sits on a 0-acre lot, providing ample space for potential expansion or outdoor activities depending on the intended use. Its central Selma location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the community. The property's versatility allows for a wide range of commercial ventures, from retail spaces and offices to light industrial uses. Serious inquiries are encouraged to explore the possibilities and conduct a thorough due diligence process to assess the property's suitability for their specific business needs. This is a rare chance to acquire a well-situated commercial property in a thriving Alabama city. The property is being offered as-is. Further details regarding the property's condition and potential uses can be provided upon request. Don't miss this chance to secure a valuable asset in a dynamic market.
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.