2004 Dallas Ave Selma, AL 36701
This exceptional 0.29-acre commercial land parcel presents a unique investment opportunity. Located in Selma, Alabama, adjacent to a Winn-Dixie and behind a Dollar General, this property enjoys a high-traffic location on West Dallas Avenue, seeing approximately 7,209 vehicles daily. The B-2 zoning allows for diverse uses, including restaurants, retail, banks, offices, gas stations, and single-family residential. Situated in Dallas County, this strategically located parcel is three miles west of downtown Selma, benefiting from a strong demographic profile. Within a five-mile radius, the area serves approximately 123,091 people with an average household income of $44,930. The property's Assessed Parcel Number (APN) is 16 02 04 0 001 009.000, and ownership is fee simple. This is an absolute $1 auction with no reserve, taking place August 19-21, 2024. Don't miss this chance to acquire a valuable asset in a thriving community.
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FedEx OnSite Postal Service Courier Service
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Western Union Bank Credit Union
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Dollar General Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No 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.