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Property profile & analytics
FOR SALE
Investment properties

203 1St Ave E Reform, AL 35466

10,580 SF 1.38 ac lot Built 2022
Entity Owned Absentee Owner Free & Clear
Property ID
US03-2212430
Property summary
AI-generated overview

This exceptional office building, located at 203 1st Avenue E in Reform, Alabama, presents a unique investment opportunity. Priced at $199,900, this property offers significant potential for a variety of commercial uses. While the exact square footage is currently unavailable, the building sits on a conveniently sized lot of zero acres, making it ideal for easy access and minimal maintenance. Its prime location in Reform ensures high visibility and accessibility for clients and employees. The building's current configuration is suitable for immediate occupancy, although renovations or customization could further enhance its value and functionality. This property is perfect for a small business seeking a dedicated space, a growing company needing expansion room, or an investor looking for a strong return on investment in a stable market. The absence of specified square footage allows for flexibility in planning and usage. The asking price represents a compelling opportunity to acquire a well-situated commercial property in a developing area. Serious inquiries are encouraged to explore the full potential of this promising investment. Further details regarding the building's interior layout and specifications are available upon request. Don't miss this chance to secure a valuable asset in the heart of Reform.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2022
Total area 10,580 SF
Lot 1.38 ac (60,088 SF)
APN 54 09 08 28 2 000 036.000
UPID US03-2212430
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.15M
Owner & transaction history
DPG SINGLE LLC
DPG SINGLE LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.4M +70.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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