3631 Clements Rd, Cottondale, AL 35453
For Sale
1 / 13
This exceptional 2.62-acre property at 3631 Clements Road, Cottondale, Alabama, presents a unique investment opportunity. The site encompasses a thriving mobile home park and a substantial retail-zoned lot, currently operating as a single entity. The property boasts a total of 4,046 square feet of built space, including seven mobile homes. Three of these mobile homes are currently generating rental income, providing a consistent revenue stream for the new owner. The property's zoning designation as "Retail - Mixed Use" offers significant flexibility for future development. An investor could capitalize on the existing rental income from the mobile homes while simultaneously exploring various options for the retail space, such as expanding the existing mobile home park, constructing new retail buildings, or pursuing other compatible commercial ventures. The property's size and zoning provide ample room for expansion and diversification of income streams. This is a rare chance to acquire a multi-faceted property with immediate income potential and substantial long-term growth prospects in a desirable location. Detailed information on the mobile home is available via a separate residential listing (WAMLS# 152349). This turnkey investment is ready for a new owner to take advantage of its existing income and future development potential. Don't miss this chance to acquire a high-yield property in a growing market.
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.