198 Highland AveSelma, AL 36701

Property Details for 198 Highland Ave

Year built

1974

Construction

WOOD

Lot size

1.56 AC

Property size (Sq ft)

5,892 SF

Zone code

C

Property type

Banks

APN

11062340090060010

APU

11062340090060010

Description

This exceptional commercial property, located at 198 Highland Avenue in Selma, Alabama, presents a compelling investment opportunity. The property is classified as general commercial and is offered at $360,184. While the square footage is not currently specified, the property sits on a lot with zero acres. This makes it ideal for a variety of commercial uses, depending on the buyer's vision and needs. The address, 198 Highland Avenue, places the property in a potentially high-traffic area of Selma, offering excellent visibility and accessibility for customers and clients. The lack of specified square footage allows for flexibility in planning and development. This property is a blank canvas for entrepreneurs and investors looking to establish a presence in the thriving Selma market. Its strategic location and competitive price point make it an attractive proposition for those seeking a strong return on investment. Further due diligence is encouraged to fully assess the property's potential and suitability for specific commercial ventures. Serious inquiries are welcome. The absence of square footage information should be considered when evaluating the property's suitability for your intended use. Contact us to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,211,758

  6.5%

  $1,118,546

  7%

  $1,038,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,030,179

  Geo Method

  $2,896,220

• Alternative Use

  Use

  Valuation

  Residential

  $943,535

  Hospitality

  $864,273

  Educational

  $719,065

  Medical

  $743,795

  Retail

  $1,118,546

Location Insight

City

Selma

County

Dallas

State

Alabama

Latitude

32.4306

Longitude

-87.0372

CBSA code

42820

CBSA name

SELMA, AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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