For Sale
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Property summary
This exceptional 19,000 square foot mixed-use property in Satsuma, Alabama, presents a unique investment opportunity. Located at 300 Baker Rd, 36572, this single-story, Class B building, constructed in 1960, sits on a spacious 5-acre lot. Currently vacant, the property offers significant potential for redevelopment or repurposing. The existing structure includes a 26-bedroom complex featuring eight private rooms and eighteen double-occupancy rooms, along with numerous office and activity spaces, and a separate back building. The property's strategic location offers excellent visibility, situated near Satsuma Elementary and Middle Schools at the intersection of Baker and Hartley Roads. The property is bank-owned and constructed of concrete block. A significant amount of existing furniture, fixtures, and equipment (FFE) remains on the premises and will be included in the sale. This offering presents a rare chance to acquire a substantial property with considerable upside in a desirable location. The asking price is $349,900.
Property profile
VerifiedCap rate & NOI
Current use
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Nursing Home Retirement Community
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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