300 Baker Rd, Satsuma, AL 36572-2446
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.
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Carrington Place Nursing Home Retirement Community
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
Property description
Physical attributes from public recordsZoning & alternative use
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.