Property profile

3141 Lee Rd 179 Salem, AL 36874

OFF-MARKET
Warehouses
Property ID
US03-1581633
13,520 SF 5.95 ac lot Built 2020
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2020
Total area 13,520 SF
Lot 5.95 ac (259,182 SF)
APN 15-03-06-0-000-018-000
UPID US03-1581633

Cap rate & NOI

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

Location

3141 Lee Rd 179 Salem, AL 36874-1848
Salem metro AUBURN-OPELIKA, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.22M
Comparable Approach Comparable
$890k
Blend (final) Blend
$220k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.4M +68.6%
Restaurant $1.2M +49.6%
Commercial (general) $1.1M +30.1%

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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