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Property profile & analytics
FOR SALE
Commercial land

315 Lee St W Chickasaw, AL 36611

0.1 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US03-1038321
Property summary
AI-generated overview

This exceptional commercial property, located at 315 Lee Street West in Chickasaw, Alabama, presents a unique investment opportunity. The 2,700 square foot building, situated on a highly visible corner lot at the intersection of West Lee Street and Grand Boulevard, offers convenient access to Interstate traffic. Previously used as a convenience store, the property is zoned B-2 by the City of Chickasaw, although additional usage restrictions apply (see attached documents). Despite these restrictions, the property's versatility makes it ideal for a variety of businesses. Imagine establishing a thriving car lot, a popular dine-in restaurant, or a lively bar in this prime location. A significant portion of the existing interior layout could be easily adapted to suit your specific needs. The property boasts ample asphalt parking, a considerable advantage for customer convenience. The expansive 0.41-acre lot provides significant outdoor space. Note that an adjacent 0.41-acre lot is also available for purchase separately for $49,900, and is not subject to the same usage restrictions as this property. This presents an opportunity to expand your business footprint or develop additional revenue streams. The property's high visibility and strategic location make it an exceptional investment opportunity with significant potential for growth and profitability. The asking price for this property is $225,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.1 ac (4,250 SF)
APN 22 09 44 0 013 267.XXX
UPID US03-1038321
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
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
A&a Holdings LLC · 2 yrs held
A&a Holdings LLC
since 2024
Last sale
$95,000
4 recorded transactions
2024
$95,000
2009
$696,000
2009
$1,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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