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207 Weldon St Wilsonville, AL 35186-6885

OFF-MARKET Retail space Google Maps
1,300 SF 0.43 ac lot Built 2002
Entity Owned 7-yr Hold ~ Est. High Equity
Estimated value (blended)
$160k
Range $144k – $176k (±10%)
Property ID US03-0839825

Property summary

AI-generated overview

This exceptional retail property, located at 207 Weldon Street in Wilsonville, Alabama, presents a fantastic opportunity for a discerning business owner. The 1380 square foot building sits on a sizable 0.43-acre lot, offering ample space and visibility. A significant advantage is the inclusion of a drive-through window, ideal for convenient customer service and increased efficiency. The property underwent a complete renovation approximately two to three years ago, resulting in a modern and updated interior. Improvements include a brand-new HVAC system, roof, flooring, and a fully renovated bathroom that is ADA compliant. Previously used as a pharmacy, the building's B-1 zoning allows for a wide range of commercial uses, including but not limited to bakeries, beauty salons, coffee shops, restaurants, and dental or medical offices. The combination of a prime location in Wilsonville, a recently renovated building with modern amenities, and flexible zoning makes this property an attractive investment for entrepreneurs seeking a thriving business environment. The ample lot size provides potential for expansion or outdoor seating, further enhancing its appeal. This turnkey property is ready for immediate occupancy and offers significant potential for growth and success.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Total area 1,300 SF
Lot 0.43 ac (18,731 SF)
APN 193062001040000
UPID US03-0839825

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2019
4 recorded transactions
2019
$190,000
2007
$171,000
2007
$250,000
2004
$5,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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