Commercial Real Estate in Alabama available for sale
Investment Properties For Sale

Investment Properties for Sale in Alabama, USA

More details for 3 Luker Cir, Selma, AL - Multifamily for Sale

3 Luker Cir

Selma, AL 36701

  • Investment Property
  • Multifamily for Sale
  • $660,918 CAD
  • 25,371 SF
  • Air Conditioning
  • 24 Hour Access
  • Smoke Detector

Selma Multifamily for Sale

INSANE OPPORTUNTIY!!! Don't miss this unbeatable investment. 15 homes and a triplex on 9 acres, total of 18 units. Solid brick high quality construction, beautiful terrazzo floor on every house! Separate electric, water and trash meters, tenants pay all utilities. Central heat and air. City water and sewer. PROPERTY WILL GENERATE A 17%+ NET RETURN ON INVESTMENT!!! OVER $100K IN VALUE ADD!!! Do not miss out on this opportunity!!! Property management and financing is available.

Contact:

LOYD Realty

Property Subtype:

Apartment

Date on Market:

2026-03-31
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More details for 1300 Illinois St, Mobile, AL - Multifamily for Sale

Six Unit, Income Producing Multifamily! - 1300 Illinois St

Mobile, AL 36604

  • Investment Property
  • Multifamily for Sale
  • $835,020 CAD
  • 3,613 SF

Mobile Multifamily for Sale - Midtown

Six unit, remodeled property for sale. Renovated in 2024, which includes new water heaters, refinished wood floors, updated bathrooms, kitchens and appliances. New roof in 2024, and exterior paint job. Property is currently used as a mix of long term/short term rental. Four units are used short term and two are long term. Short term guests are thru Airbnb but many have requested month to month stays due to working arrangements.

Contact:

Bellator Real Estate

Property Subtype:

Multi Family

Date on Market:

2026-03-31
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More details for 905 Daphne Ave, Daphne, AL - Land for Sale

Daphne Plaza inc - 905 Daphne Ave

Daphne, AL 36526

  • Investment Property
  • Land for Sale
  • $18,092,099 CAD
  • 5.10 AC Lot

Daphne Land for Sale - Baldwin County

Go to the Baldwin county property website https://baldwinproperty.countygovservices.com to see aerial photo and surrounding area, such as downtown Olde Towne Daphne business district. This property is beside Bryant bank on Hwy 98. The Post office is a few feet away on the other side of the street. Across the intersection of Hwy 98 and county road 64 is Target, Chik Fil a and Whataburger, Other notable locations are Chicken Salad Chick, Popeyes.and quite a few other very popular new businesses.

Contact:

Daphne Plaza Inc

Property Subtype:

Commercial

Date on Market:

2026-02-07
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More details for 355 S Mobile St, Fairhope, AL - Multifamily for Sale

Oak Haven Cottages - 355 S Mobile St

Fairhope, AL 36532

  • Investment Property
  • Multifamily for Sale
  • $6,856,906 CAD
  • 15,000 SF

Fairhope Multifamily for Sale - Baldwin County

Oak Haven Cottages New Listing | $4,927,000 | Oak Haven Cottages | Fairhope, Alabama Now available for the first time, this trophy property is situated on Mobile Street in the heart of the historic "Fruit and Nut" district. Overlooking Mobile Bay and located within easy walking distance to the Fairhope Pier and downtown, this 2.52-acre parcel offers a rare investment opportunity. The property currently features a large main house and 10 separate cottages comprising 16 total rental units. Most notably, the land carries the coveted B-3b Tourist Resort Commercial Service District zoning, a rare designation in Fairhope. This flexible zoning allows for a wide range of high-value uses, including: - Short-term vacation rentals -Mixed-use residential and commercial development -Boutique hotels, restaurants, and retail Call Herrington Realty for more information

Contact:

Herrington Realty, Inc.

Property Subtype:

Dormitory

Date on Market:

2026-02-02
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More details for 871 Twinforks Ave, Auburn, AL - Health Care for Sale

Assisted Living Facility | For Sale - 871 Twinforks Ave

Auburn, AL 36830

  • Investment Property
  • Health Care for Sale
  • $4,731,780 CAD
  • 33,842 SF
  • Wheelchair Accessible

Auburn Health Care for Sale - Lee County

Bull Realty is pleased to present this Assisted Living Facility for sale. The ±33,254 SF building has 43 units and is licensed for 49 beds. The facility located in Auburn, Alabama, whose population is of 82,000, is widely recognized as one of the most dynamic and fastest-growing economies in the Southeastern United States. Auburn, AL is also the home of Auburn University just 9 minutes away from the property. Nearly 68% of residents hold a bachelor’s degree or higher. The city has evolved into a diverse regional hub for advanced manufacturing, technology, high-quality residential living and a retirement destination for Auburn University Alumni. Auburn’s identity is defined by a sophisticated blend of collegiate tradition and modern southern cosmopolitanism. Often referred to as “The Loveliest Village on the Plains,” the city’s culture acts as a powerful driver for the local tourism and hospitality sectors. The senior living community offers elegantly detailed interiors with large suites as well as spacious single rooms. Amenities include a professional kitchen, theater, beauty salon and more. The property offers assisted living with a professional care staff and memory care services. Strong Market • Average Net Worth (Age 75+): $1,696,281 • Average Household Income (Age 75+): $70,747 • Average Home Value: $361,052 • Unmet Demand (10 mile): 82 beds Property Highlights • List Price: $3,400,000 • Gross Revenue: $2,176,894.66 (Actual) • Occupancy: 92.2% (Actual) • Forecast NOI: $544,233.66 (normalizing expenses to 75% of Gross Revenue) • CoStar Southeast Sold Comps: $233/SF • 2025 Weitz Replacement Cost (Construction cost only): $343/SF Financial Highlights (5-Year Hold) • Property Qualifies for a SBA 504 Loan: 25-year term, 85% LTC, and 5.856% interest • Using 12.4 vacancy Year 1 and 10% Years 2 through 10 • Revenue growth 5% per year • IRR: 92.6% • Cash on Cash: 55.2% • Acquisition CAP Rate: 16.01% • Debt Service Coverage Ratio: 2.48 • Projected Sales Year 5: $8.6 million • Sales proceeds after expenses: $5.8 million

Contact:

Bull Realty Inc.

Property Subtype:

Assisted Living

Date on Market:

2026-01-26
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More details for 2115 Point Mallard Dr SE, Decatur, AL - Health Care for Sale

±33,906 SF Assisted Living Facility - 2115 Point Mallard Dr SE

Decatur, AL 35601

  • Investment Property
  • Health Care for Sale
  • $5,288,460 CAD
  • 33,906 SF

Decatur Health Care for Sale - Downtown Decatur

Located in Decatur, Alabama, this building is in A “Senior-Heavy” Market: Decatur’s 65+ population (approximately 18.1% of the city) is slightly higher than the national average. When looking at the broader MSA, nearly 1 in 5 residents is a senior, indicating a high density target market for assisted living services. Regional Draw: As the second-largest city in the Huntsville-Decatur Combined Statistical Area (CSA)—a region with over 880,000 people—Decatur acts as a primary service hub for the more rural parts of Lawrence and Limestone counties. Economic Stability: With a median household income of approximately $63,987 and a cost of living roughly 12% below the national average, residents have higher-than-average discretionary income for private-pay senior care options for care. STRONG MARKET • Average Net Worth (Age 75+): $1,696,281 • Average Household Income (Age 75+): $70,747 • Average Home Value: $361,052 • Unmet Demand (10 mile): 196 Beds PROPERTY HIGHLIGHTS • List Price: $3,800,000 • Gross Revenue: $2,174,408 (Actual) • Occupancy: 70.5% November (Actual) • Forecast NOI: $543,602 (normalizing expenses to 75% of Gross Revenue) • CoStar Southeast Sold Comps:$233/SF • 2024 Weitz Replacement Cost (Construction cost only): $273/SF FINANCIAL HIGHLIGHTS (5-Year Hold) • Property Qualifies for a SBA 504 Loan: 25-year term, 85% LTC, and 5.856% interest • Using 29.5% Year 1, 19% Year 2, and 10% Years 3-10 • Revenue growth: 5% per year • IRR: 83.11% • Cash on Cash: 33.16% • Acquisition CAP Rate: 12.3% • Debt Service Coverage Ratio: 1.9 • Projected Sales Year 5: $9.5 million • Sales proceeds after expenses: $6.3 million

Contact:

Bull Realty Inc.

Property Subtype:

Assisted Living

Date on Market:

2026-01-22
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More details for Lot 14 Davis Pond Rd rd, Atmore, AL - Land for Sale

22.18+/- Acs: Unzoned, Cleared, Level - Lot 14 Davis Pond Rd rd

Atmore, AL 36502

  • Investment Property
  • Land for Sale
  • $231,509 CAD
  • 22.18 AC Lot

Atmore Land for Sale

McCullough, AL – Unzoned Land Offering Exceptional Commercial & Development Flexibility - LAST ACREAGE REMAINING of this beautiful McCullough tract! These 22+/- unzoned acres in the peaceful McCullough community outside Atmore deliver the type of flexibility that commercial users and developers rarely find. With frontage along Davis Pond Road and the option for a long private drive, this acreage offers outstanding potential for a wide range of uses—whether you’re planning a business site, exploring future development, or establishing a service-based operation. Because the property is completely unzoned, buyers have the freedom to pursue: *Storage facilities or equipment yards *Contractor or utility operations *Agriculture-related businesses *Mini-farm communities or large-lot subdivision concepts *Future mixed-use, investment, or phased development ideas The open, level terrain and cleared ground maximize usability, making it easier to shape the land to meet current goals while leaving room for future expansion. Plus, convenient nearby amenities and infrastructure strengthen the value of this location: -Dollar General, Warehouse Market, and Poarch Creek Travel Plaza just minutes away -Close to the Perdido River Farms Meat Processing Facility, ideal for ag-related ventures -Only 10 minutes to downtown Atmore for shopping, dining, healthcare, and services -Quick access to I-65 and near the Alabama/Florida state line, supporting both commercial and residential travel Beyond its commercial appeal, the acreage also suits residential or agricultural lifestyles. Build a custom home, place a mobile residence, or create a working homestead with room for gardens, livestock, horses, or cattle. The land provides ample space to grow, plan, and enjoy the outdoors however you choose. Whether your plans lean toward commercial use, development, residential construction, or agricultural pursuits, this unzoned McCullough acreage offers a rare combination of freedom, convenience, and long-term potential. The property is priced per acre, with final acreage to be verified by a new survey. Buyer to confirm all information during due diligence.

Contact:

PHD Realty

Property Subtype:

Commercial

Date on Market:

2025-12-04
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More details for 215 Teague Rd, Brownsboro, AL - Specialty for Sale

215 Teague Rd

Brownsboro, AL 35741

  • Investment Property
  • Specialty for Sale
  • $361,703 CAD
  • 1,138 SF

Brownsboro Specialty for Sale - South Huntsville

METES and BOUNDS PROPERTY***NO RESTRICTIONS***COMMERCIAL/RESIDENTIAL...YOU PICK!! Totally a beautiful makeover! You should schedule a viewing now before it's gone! Such an opportunity with potential income on the the property, FLAT/PARTIALLY FENCED 2.2 acres with no deed restrictions. This 3 bed 2 bath home offers hardwood and new LVP flooring, NEW kitchen-smooth ceilings-HVAC-ceiling fans-fixtures throughout-new paint inside & out and more. Detached 2 car garage/shop. Operational well on property. Room on property for rental covered storage, tiny home ,duplex and more....just endless possibilities.

Contact:

Crye-Leike

Date on Market:

2025-11-24
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More details for Wilson Mann Rd and 431 S - Owens Cross Roads hwy, Owens Cross Roads, AL - Land for Sale

29 Acres South of Huntsville, AL -Residential - Wilson Mann Rd and 431 S - Owens Cross Roads hwy

Owens Cross Roads, AL 35763

  • Investment Property
  • Land for Sale
  • $1,252,530 CAD
  • 13.76 AC Lot

Owens Cross Roads Land for Sale - South Madison County

This site is mostly cleared and graded. Nearby zoning has allowed for up to 8 units per acre to be built, and it may be possible to get zoning for up to 12 units per acre. This site is in the path of growth, and the proximity to downtown Huntsville and Huntsville International Airport makes it a perfect location for commuters. This site is also very near the local elementary school, making it perfect for new families as well. BoR: Andrew Ackerman - Lic. AL #1089690

Contact:

Sands Investment Group

Property Subtype:

Residential

Date on Market:

2025-11-20
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More details for 702 McKinley Ave NE, Huntsville, AL - Office for Sale

702&702-1/2 McKinley Avenue - 702 McKinley Ave NE

Huntsville, AL 35801

  • Investment Property
  • Office for Sale
  • $486,956 CAD
  • 1,550 SF

Huntsville Office for Sale - South Huntsville

Two Properties 702 & 702-1/2. C-1 Zoned. Main Bldg Circa 1905 (1085sf). Rear building ~1950(465sf). Main Bldg has high ceilings, original heart of pine flooring, two original fireplaces, full kitchen, bathroom, front and rear porch areas, ample parking. Double gate to rear building. Rear building separately electric metered, currently office space, includes galley kitchen and 3/4 bath. Easy downtown and I565 access. Rear alley access. Airbnb possibilities subject to city approval. Flexible income or owner occupant options.

Contact:

David Frederick Realty, Inc.

Property Subtype:

Office/Residential

Date on Market:

2025-10-29
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More details for 1012 Noble St, Anniston, AL - Retail for Sale

1012 Noble St

Anniston, AL 36201

  • Investment Property
  • Retail for Sale
  • $890,688 CAD
  • 6,264 SF
  • Air Conditioning
  • Smoke Detector

Anniston Retail for Sale

Own a piece of history w/ this beautifully updated 1890’s 3-story commercial building in the heart of revitalizing Downtown Anniston. Street level features a welcomingreception area, kitchenette, bathroom, & multiple rooms—currently leased to a salon. Basement offers private garage access w/auto opener & storage space. The top-floor loft is a showstopper w/ tongue-and-groove ceilings, skylight, decorative fireplace, solid core doors, gourmet kitchen w/ stone-surround island seating 8, stonebacksplash, pantry, appliance package w/new dishwasher, & wine cooler hookup. Layout includes 2 bedrooms, 2 baths w/tile showers, heated floors & great closetspace, laundry w/ washer/dryer, bonus flex space & 1/2 bath. Recent updates: 60-mil TPO roof (2025) and 3 HVAC units (less than 1 yr old). Exposed brick walls,gorgeous wood stairs, & arched doorways add charm. Located near bike races, live music, restaurants, and festivals—ideal for mixed-use investment or Airbnb. Loftsold mostly furnished.

Contact:

ERA King Real Estate

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-10-08
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More details for 318 AL-59 Hwy, Summerdale, AL - Hospitality for Sale

8 Cottages with approx. 5900 sq. ft. sitting - 318 AL-59 Hwy

Summerdale, AL 36580

  • Investment Property
  • Hospitality for Sale
  • $1,530,870 CAD
  • 5,900 SF

Summerdale Hospitality for Sale - Baldwin County

10% Cap Rate Investment – 100% Occupancy Located on Highway 59 in the heart of Summerdale, this 2.3-acre property is zoned B-2 (Commercial Business) and offers high visibility and strong traffic counts. The property includes eight cottages/tiny homes (ten rental units total) with approximately 5,900 square feet of rentable space. All units are furnished and leased on a weekly basis. Riviera provides electricity, Point Broadband provides internet, and the Town of Summerdale provides water and sewer. Although the property is currently 100% occupied, a 10% vacancy expense has been applied in the underwriting to reflect realistic long-term performance and to calculate the stated 10% cap rate. Financials (Annual) Insurance: $10,800 Taxes: $3,850 Utilities: $26,000 Landscaping: $2,100 General Maintenance & Repairs: $9,048 Vacancy (Hypothetical 10%): $18,096 Property Breakdown Building 1 (Triplex, c. 1943 / former Summerdale Post Office) Approx. 1,543 sq. ft. total Unit 1A: ~700 sq. ft., rents $320/week (potential $400/week with renovation) Units 1B & 1C: ~400 sq. ft. each, rent $320/week Cottage 2 – 3BR/1BA, ~1,042 sq. ft. | Renovated 2017 | Tenant since 2022 Cottage 3 – 1BR/1BA, ~435 sq. ft. | Renovated 2024 | Tenant in place Cottage 4 – Studio, ~224 sq. ft. | $260/week | Tenant since 2021 Cottage 5 – 2BR/1BA, ~710 sq. ft. | Renovated 2022 Cottage 6 – 1BR/1BA, ~540 sq. ft. | Tenant since 2017 Cottage 7 – 1BR/1BA, ~480 sq. ft. | Renovated 2018 | Tenant since 2019 Cottage 8 – 2BR/1BA, ~685 sq. ft. | Renovated 2023 Laundry Facility – ~144 sq. ft., currently free to tenants. Potential for revenue if converted to coin-operated. Investment Highlights 10% Cap Rate calculated with 10% vacancy factor Current 100% occupancy and consistent rental performance Highway 59 frontage with strong visibility and traffic counts Value-add potential through rent increases and laundry conversion All information deemed reliable but not guaranteed. Buyer or buyer’s agent to verify all details. Foundation for Cottages is Crawl space with cement piers. Exterior is Hardy board board mostly, some cedar lap siding and one that is vinyl siding. All cottages have heat & A/C with metal roofs.

Contact:

Wise Living Real Estate

Property Subtype:

Hotel

Date on Market:

2025-10-03
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More details for 246 Lake Street, Auburn, AL - Land for Sale

0 Lake Street Development Parcel - 246 Lake Street

Auburn, AL 36832

  • Investment Property
  • Land for Sale
  • $5,740,763 CAD
  • 27.50 AC Lot

Auburn Land for Sale - Lee County

For Sale | ±27.5 Acres | Lake Street, Auburn, AL 36830 Asking Price: $4,125,000 Zoning: CDD (Comprehensive Development District) This ±27.5-acre site presents a rare opportunity in the heart of Auburn’s primary commercial corridor. Strategically located just off South College Street (U.S. Hwy 29), the property sits behind Extra Space Storage and across from Holiday Inn and Taco Bell, offering both visibility and unmatched accessibility. Property Highlights ±27.5 acres with paved road entry Utilities nearby/on site Daily traffic counts: South College Street: ±31,000 VPD Interstate 85: ±53,000 VPD Location Advantages Just off I-85 Exit 51, Auburn’s main gateway from the interstate Minutes from Downtown Auburn and Auburn University Surrounded by strong national brands and steady commercial growth Excellent accessibility and visibility along one of Auburn’s most traveled corridors Market Overview The Auburn/Opelika metro is one of Alabama’s fastest-growing areas, with a 17.1% population increase since 2010. The region benefits from a strong workforce fueled by Auburn University, a business-friendly environment, and a diverse economy spanning retail, hospitality, industrial, healthcare, and technology. The area’s high quality of life, affordable cost of doing business, and prime connectivity to Atlanta, Birmingham, and Montgomery make it an ideal location for development. Development Potential With CDD zoning, direct proximity to I-85, and daily exposure from tens of thousands of vehicles, this property is well-suited for: Hospitality Retail or mixed-use projects Office and professional services This combination of size, location, and visibility makes the site a premier opportunity for developers and investors looking to capitalize on Auburn’s rapid economic and population growth. Contact: Cole Maxwell, Associate Broker Mobile: 334-707-8402 Email: colemaxwell707@gmail.com

Contact:

Comprehensive Commercial

Property Subtype:

Commercial

Date on Market:

2025-09-10
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More details for 606-700 N Alston St – Multifamily for Sale, Foley, AL

606-700 N Alston St

  • Investment Property
  • Multifamily for Sale
  • $1,877,403 CAD
  • 8,468 SF
  • 3 Multifamily Properties

Foley Portfolio of properties for Sale - Baldwin County

Rare Investment Opportunity – Prime Location in Foley, AL. Don’t miss this exceptional opportunity to acquire 10 apartment units each offering two bedrooms and one bath across three parcels (PPIN #396767, #72683, and #48020) located near each other in one of Foley’s fastest-growing and most desirable areas. The property was remodeled in 2022 with upgrades including stainless appliances, wood-look vinyl flooring, fresh paint, butcher block kitchen islands, and in-unit laundry rooms. Strategically located just one block off Highway 59, these parcels offer excellent visibility and access—ideal for both immediate income generation and future commercial development. Zoned B-1 (Local Business District), residential use is no longer permitted under current zoning. However, the existing units are operating under legal non-conforming status, allowing continued residential occupancy. Whether you're looking for rental income or a high-profile redevelopment opportunity, this property provides both flexibility and potential. Highlights: •10 total apartment units • 3 separate parcels: PPIN #396767, #72683, #48020 •Zoned B-1 with legal non-conforming residential use •Property remodeled in 2022 •Excellent exposure just one block from Hwy 59 •Strong rental potential + future redevelopment opportunity** See attached document regarding zoning and rental information from the City of Foley. Buyer to verify all information during due diligence.

Contact:

RE/MAX Paradise

Property Subtype:

Multi Family

Date on Market:

2025-06-26
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More details for 3488 State Highway 180, Gulf Shores, AL - Land for Sale

3488 State Highway 180

Gulf Shores, AL 36542

  • Investment Property
  • Land for Sale
  • $278,340 CAD
  • 0.25 AC Lot

Gulf Shores Land for Sale - Baldwin County

Investment Opportunity – 3488 State Highway 180, Gulf Shores, AL This rare third-tier residential lot is located in the highly desirable Gulf Beach Subdivision of Fort Morgan, offering a unique opportunity for developers, builders, or investors seeking a coastal retreat or short-term rental property. The lot measures approximately 50' x 220' (0.25± acres), is level and build-ready, and has direct frontage on scenic State Highway 180. Zoned RTF-4 (Residential Tourist Facility), the site allows for vacation rentals and residential development with no HOA restrictions. Located within an AE flood zone, the property may offer Gulf and Bay views depending on elevation and build design. Baldwin EMC power and Gulf Shores Utilities for water/sewer are available at the site. This corridor is rapidly appreciating and remains one of Baldwin County’s most desirable destinations for second homes and beach investments. Surrounding attractions include white sand beaches within walking distance, historic Fort Morgan, marinas, restaurants, and the ferry to Dauphin Island. With limited inventory in this segment of Fort Morgan, this lot presents an exceptional opportunity to capitalize on short-term rental demand and coastal living.

Contact:

Beachball Properties

Property Subtype:

Commercial

Date on Market:

2025-05-28
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More details for Alabama 14-unit Estate MF Portfolio – Multifamily for Sale, Decatur, AL

Alabama 14-unit Estate MF Portfolio

  • Investment Property
  • Multifamily for Sale
  • $2,017,965 CAD
  • 14,016 SF
  • 4 Multifamily Properties

Decatur Portfolio of properties for Sale - Downtown Decatur

Introducing an exceptional investment opportunity in Decatur, Alabama—14 multifamily properties that are well maintained with recent renovations. The portfolio consists of three 4-plex buildings and one duplex that boasts an impressive 100% occupancy rate, these multifamily gems offer a prime locations within the thriving Decatur area. Units are recently renovated offering modern comforts and conveniences, ensuring tenant satisfaction and maximizing investment potential. With its strong occupancy rate and strategic positioning, this portfolio presents a compelling opportunity for multifamily/low-rise/garden investors seeking an asset with in-place immediate rental income in the dynamic Decatur real estate market.

Contact:

Gateway Alabama Realty Group, LLC

Property Subtype:

Multi Family

Date on Market:

2025-01-30
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More details for 209 Apple Ave, Dothan, AL - Land for Sale

Westbrook Retail - 209 Apple Ave

Dothan, AL 36303

  • Investment Property
  • Land for Sale
  • $974,051 CAD
  • 1.37 AC Lot

Dothan Land for Sale

.Next to Westway Shopping Center (McDonalds, Publix, Hardees, Wendy's, Five Guys, Verizon, etc...) on Highway 84 West, near Flowers Hospital and Grove Park. Ideal for restaurant, retail and professional uses. Additional land available on North side of Apple Avenue adjacent to the new Senior Living development or for "Big Box", Hotel / Lodging developments, Owners will consider Ground Lease. All Utilities onsite. Storm water detention is included. Private Roadway, POA Exists.

Contact:

Tom West Co., Inc.

Property Subtype:

Commercial

Date on Market:

2020-10-20
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More details for 2328 S College St, Auburn, AL - Retail for Sale

Parkerson Mill - 2328 S College St

Auburn, AL 36832

  • Investment Property
  • Retail for Sale
  • $15,865,937 CAD
  • 19,350 SF
  • Air Conditioning
  • Wheelchair Accessible

Auburn Retail for Sale - Lee County

Income Producing Property - The Village at Parkerson Mill, built in 2000, the McDonalds Ground Lease, has been kept leased and well maintained by the current owners, and with additional acreage. The property is currently 100% leased. Interstate Location - Parkerson Mill is located at the busiest Interstate interchange in Auburn - the primary exit to Auburn University and Downtown Auburn. Expansion Opportunity - Additional acreage is available to expand, with excellent Interstate frontage and visability. The additional property is approximately 22 acres. Cap Rate includes vacant land. Cap on income property is 5.0%. S College Street at the Exit 51 Interchange of Interstate 85, Auburn, Alabama. Property fronts S College, with over 2000' of frontage on Interstate 85.

Contact:

JL Real Estate Group

Property Subtype:

Storefront

Date on Market:

2014-07-08
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More details for 707 Key Dr, Birmingham, AL - Hospitality for Sale

Quality Inn & Suites Birmingham - Highway 280 - 707 Key Dr

Birmingham, AL 35242

  • Investment Property
  • Hospitality for Sale
  • Price Upon Request
  • 29,094 SF
  • Controlled Access
  • Wheelchair Accessible
  • Smoke Detector

Birmingham Hospitality for Sale - Hwy 280/Shelby County

THE OPPORTUNITY Unlock the potential of this 62-room, 3-story interior corridor asset located on the most lucrative commercial stretch in Alabama. Currently operating as a Quality Inn & Suites, this property offers a rare combination of ready-to-flag infrastructure and a high-demand location that supports a variety of exit strategies—from a premium Marriott or Hilton rebrand to a full-scale residential conversion. PROPERTY HIGHLIGHTS & AMENITIES This is a high-utility, full-amenity facility designed for guest comfort and operational efficiency: *Interior Corridors & Elevator: Essential for high-tier brand standards and critical for senior living or multifamily conversions. *Indoor Heated Pool: A premium feature that drives higher weekend rates and offers a unique amenity for residential use. *Business Center & Guest Laundry: Fully equipped spaces to cater to the Highway 280 corporate traveler and long-term residents. *Operational Efficiency: Standardized room layouts PREMIER LOCATION: THE HIGHWAY 280 CORRIDOR The property sits at the heart of Birmingham’s "Golden Strip," where traffic and demographics meet: *Traffic Count: Over 60,000 Vehicles Per Day (VPD) pass through this corridor, providing unmatched organic visibility. *The Medical Hub: Just minutes from Grandview Medical Center (434 beds), creating recession-resistant demand for patient-family lodging and workforce housing. *Retail & Corporate Density: Immediate access to The Summit (luxury shopping) and major headquarters including Blue Cross Blue Shield of Alabama and Encompass Health. STRATEGY 1: THE HOSPITALITY REBRAND The property is perfectly positioned to pivot to "Premium Economy" or "Midscale," tapping into global reservation systems and higher ADR: *City Express by Marriott: Marriott’s newest "affordable midscale" workhorse. Designed specifically for low-cost, high-impact conversions, it allows you to tap into the Marriott Bonvoy engine with minimal structural changes. *Spark by Hilton: A disruptive conversion brand focusing on simplicity and consistency. Ideal for capturing Hilton Honors loyalists. *Garner by IHG: IHG’s latest midscale flag, targeting quality-conscious travelers who prioritize reliable essentials and a strong loyalty program. *Wingate by Wyndham: Leverage the existing indoor pool and business center to position the property as a premier business hub. *Relicense with Choice Hotels for Quality Inn & Suites. STRATEGY 2: ADAPTIVE REUSE & CONVERSION In a 2026 market facing significant housing shortages, this is a turnkey solution for developers: *Workforce/Medical Housing: Provide "micro-studio" units for the thousands of staff working at nearby Grandview Medical Center. *Student Housing: Serve the graduate student populations of UAB and Samford University who desire the safety and convenience of the Inverness area. *Senior Living/Memory Care: The elevator access and interior-corridor layout are ideal for a managed senior facility in a quiet, accessible cul-de-sac. *Affordable Housing: Utilize state and federal incentives (LIHTC) to provide high-quality housing in a high-income, transit-accessible ZIP code. You are buying a high-quality "box" on the best "dirt" in Birmingham. In a land-constrained market like Highway 280, new development is increasingly cost-prohibitive. This asset provides 62 rooms of infrastructure already equipped with an elevator and an indoor heated pool—features that are expensive to build from scratch. Whether you capitalize on the Marriott Bonvoy or Hilton Honors network to dominate local RevPAR, or solve the regional housing crunch through a multifamily pivot, the infrastructure is ready. This is a low-risk, high-reward entry into the most stable submarket in Alabama. QUICK SPECS FOR BUYERS *Stories: 3 (Interior Corridor with Elevator) *Total Rooms: 62 *Key Amenities: Indoor Heated Pool, Business Center, Guest Laundry *Land Area: ±1.47 Acres Primary Demand: Medical (Grandview), Corporate (Inverness), Retail (The Summit) PLEASE DO NOT CONTACT PROPERTY DIRECTLY

Contact:

Anishkumar Amrutlal

Property Subtype:

Hotel

Date on Market:

2026-01-21
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More details for 2505 Whitesburg Dr SE, Huntsville, AL - Land for Sale

2505 Whitesburg Dr Huntsville, AL - 2505 Whitesburg Dr SE

Huntsville, AL 35801

  • Investment Property
  • Land for Sale
  • Price Upon Request
  • 0.57 AC Lot

Huntsville Land for Sale - South Huntsville

Rare opportunity to acquire three contiguous R2A-zoned lots totaling 0.57 acre in a highly desirable Huntsville location. Together, the property offers 150 feet of frontage on Whitesburg Drive and 165 feet of depth. Each lot measures approximately 0.19 acre with 50 feet of frontage, allowing for flexible development options—build individually or combine for a larger project. The property currently includes a duplex structure (gutted interior) positioned on the center lot, best suited for demolition to maximize redevelopment potential. With multifamily zoning already in place and strong area demand, this site is ideal for townhomes, duplexes, or other multifamily housing.

Contact:

Amanda Howard Sothebys International Realty

Property Subtype:

Commercial

Date on Market:

2025-09-04
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More details for 3100 Cottage Hill Rd, Mobile, AL - Land for Sale

Cleared, Paved Commercial Parcel - 3100 Cottage Hill Rd

Mobile, AL 36606

  • Investment Property
  • Land for Sale
  • $257,186 CAD
  • 1.32 AC Lot

Mobile Land for Sale - West Mobile

Cleared, Paved Commercial Parcel – Excellent Visibility & Flexible Use This well-located, cleared parcel with asphalt-paved pad sites offers outstanding visibility and accessibility in one of Mobile’s busiest commercial corridors. Situated just off I-65 and Airport Boulevard—and less than 10 minutes from downtown Mobile—this site is perfectly positioned for a wide range of development opportunities, including: Retail Medical or dental office Office park or professional suites Fine dining restaurant or café Assisted living or senior care facility Fitness center or boutique gym Daycare or private school Surrounded by major national retailers including Target, Chick-fil-A, Belk, JCPenney, and McDonald’s, the area benefits from strong traffic counts and consistent consumer activity. The property is also located in a federally designated EB-5 Targeted Employment Area (TEA), making it eligible for foreign investment under the EB-5 program (see official TEA maps for details).

Contact:

FMIG

Property Subtype:

Commercial

Date on Market:

2026-03-15
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