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Property profile & analytics
FOR SALE
Office buildings

521 S Main St Arab, AL 35016

5,095 SF 4.01 ac lot Built 1998
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US03-0635508
Property summary
AI-generated overview

This exceptional 5,090-square-foot retail property, located at 521 S Main St in Arab, Alabama (35016), presents a unique investment opportunity. Built in 1998, the building sits on a lot with fenced areas, offering ample space and privacy. The property is zoned for business use, providing flexibility for a variety of commercial ventures. The building features two distinct levels. The upper level is fully finished, boasting four separate addresses, each equipped with a restroom, kitchen, and rooms with closets. This area is ideal for multi-tenant occupancy or a business requiring separate spaces. The lower level is designed for a pet-related business, complete with kennels, a wash station, and a reception area. This pre-existing setup could significantly reduce start-up costs for a prospective buyer. The property is being sold "as is," offering the buyer the chance to customize and enhance the space to meet their specific needs. The asking price is $375,000, translating to a price per square foot of $73.67. This presents a compelling opportunity for investors seeking a versatile commercial property in a thriving Alabama market. Don't miss this chance to acquire a well-located, multi-functional building with significant potential.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction WOOD
Total area 5,095 SF
Lot 4.01 ac (174,676 SF)
Zoning code 11
APN 13-07-26-4-000-003.000
UPID US03-0635508
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
by Request
Comparable Approach Comparable
$437k
Blend (final) Blend
$575k
Owner & transaction history
Billy W Skidmore · 2 yrs held
Billy W Skidmore
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
11 · Arab, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $780,000 +57.6%
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More about this property
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