521 S Main St Arab, AL 35016
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
11 · Arab, ALArab. Always verify with local authorities before improvements.
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.