700 Dallas AveSelma, AL 36701

Property Details for 700 Dallas Ave

Year built

1966

Construction

WOOD

Lot size

0.22 AC

Property size (Sq ft)

2,640 SF

Zone code

S

Property type

Office buildings

APN

11073620030340000

APU

11073620030340000

Description

This exceptional commercial property, located at 700 Dallas Avenue in Selma, Alabama, presents a compelling investment opportunity. Priced at $165,000, this general commercial property offers significant potential for a variety of uses. The property's precise square footage is currently unavailable, however, the lot size is listed as zero acres, suggesting a building footprint that may be ideal for smaller businesses or those requiring a compact urban presence. The address, 700 Dallas Avenue, places the property in a potentially high-traffic area of Selma, offering excellent visibility and accessibility. Given the "general commercial" designation, the property is suitable for a wide range of commercial ventures, subject to local zoning regulations and permitting requirements. Interested parties are encouraged to conduct their own due diligence to determine the suitability of the property for their specific business needs. This is a rare opportunity to acquire a commercial property in a desirable Selma location at an attractive price point. Further details regarding the property's specific features and zoning are available upon request. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $369,344

  6.5%

  $340,933

  7%

  $316,581

• Comparable approach

  Method

  Valuation

  Relative Method

  $183,167

  Geo Method

  $514,958

• Alternative Use

  Use

  Valuation

  Residential

  $422,757

  Hospitality

  $387,243

  Educational

  $322,182

  Medical

  $333,262

  Retail

  $501,172

Location Insight

City

Selma

County

Dallas

State

Alabama

Latitude

32.4082

Longitude

-87.0252

CBSA code

42820

CBSA name

SELMA, AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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