Tuskegee Health Care for Sale - Macon County

This expansive property, once serving as a psychiatric treatment facility and school, is situated on approximately 113 acres in Macon County, Alabama. With no zoning restrictions, the flexibility provided to potential buyers are many. The facility is fully serviced by city utilities, including electricity, sewer, water, and gas, making it a convenient and versatile choice for different types of ventures. The building encompasses approximately 51,080 SF of usable space and remnants of an old football stadium is on site. Constructed in 1969, it features durable concrete block construction, ensuring longevity and structural integrity. The current facility accommodates 41 beds, making it suitable for various uses such as a small hospital, rehabilitation center, or senior care facility. It includes common areas, a full kitchen, dining area, and an extensive library promoting a communal and comfortable environment for residents and staff alike. The property has been well maintained containing landscaped grounds offering a tranquil setting amidst a peaceful environment and paved access enhances both its aesthetic appeal and accessibility. There are 27 surface parking spaces available providing room for staff, visitors, or residents and well-lit access points ensure safety and visibility throughout the property. Given its size, location, and existing infrastructure, this property offers a unique opportunity to create a specialized facility tailored to meet the specific needs of the community along with significant potential for redevelopment and repurposing in a variety of sectors all while set against the serene backdrop of Macon County, AL.

Property Subtype:

Rehab Centre

Date on Market:

2026-04-28

Jasper Land for Sale - Walker County

All investors and developers – secure this prime 14.2 ± acre R5-zoned parcel, ready for apartments, townhomes, senior housing, or a number of other uses. Located along Blackwell Dairy Road directly behind the Baptist Health Walker Hospital, the site offers excellent access to Jasper’s downtown, employers in manufacturing and healthcare, retail, restaurants and services. Jasper’s rental market shows solid demand for quality housing. Ideal for workforce, family, or senior housing with lower land costs than Birmingham metro and easy access to the I-22 corridor. Perfectly positioned to attract quality tenants seeking affordable living with small-town charm and metro access. Rare R5-zoned land inside Jasper city limits with city schools. Contact listing agent today and don’t miss this growth opportunity in a market poised for new development! Call Alex Kyriazis (251-591-9390) and David Ellis (205-799-5881) for additional details.

Property Subtype:

Commercial

Date on Market:

2026-04-03

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.

Property Subtype:

Apartment

Date on Market:

2026-03-31

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.

Property Subtype:

Multi Family

Date on Market:

2026-03-31

Guntersville Specialty for Sale

Vacation rental for 5 years. Very good income for investment property. Owner/User perfect!!

Date on Market:

2026-03-27

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

Property Subtype:

Dormitory

Date on Market:

2026-02-02

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

Property Subtype:

Assisted Living

Date on Market:

2026-01-26

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

Property Subtype:

Assisted Living

Date on Market:

2026-01-22

Centre Land for Sale

Great location for your new office or apartment building. 2 level acres between the Medical Center and Dialysis Center, across from Centre Hospital. All environmental studies have been completed. $239,000

Property Subtype:

Commercial

Date on Market:

2025-12-08

Russellville Multifamily for Sale

The opportunity of a lifetime. A great investment to rent these apartments so close to downtown Russellville, AL. There are 4 apartment buildings, a duplex, and 2 houses. One home has 3 bedrooms and 1 bath, and the other has 2 bedrooms and 1 bath. Three of these properties had a new metal roof installed in 2020. The 2 apartments have a shared utility room on each floor.

Property Subtype:

Apartment

Date on Market:

2025-12-01

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.

Date on Market:

2025-11-24

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

Property Subtype:

Residential

Date on Market:

2025-11-20

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.

Property Subtype:

Office/Residential

Date on Market:

2025-10-29

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.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-10-08

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

Property Subtype:

Commercial

Date on Market:

2025-09-10

Huntsville Land for Sale - South Huntsville

Prime infill development opportunity in a high-demand Huntsville corridor. This level lot offers strong frontage and a layout conducive to higher-density residential use. Ideal for single-family attached (townhomes) or duplex-style development. Located minutes from downtown Huntsville, Huntsville Hospital, and major employment centers. Surrounded by established residential neighborhoods with ongoing growth and redevelopment activity. Value is in the land. Existing structure on property. Select images have been edited to illustrate site potential post-demolition.

Property Subtype:

Residential

Date on Market:

2025-09-04

Phenix City Land for Sale

12.53 Acres | Prime Multi-Family Development Site | Phenix City, AL Coldwell Banker Commercial KP is pleased to present an exceptional 12.53-acre development opportunity located just off 28th Avenue in Phenix City, Alabama. Positioned less than one mile from Highway 280, this wooded site offers the rare combination of immediate access to a major commercial corridor and the privacy of an off-the-main-road setting — an ideal profile for residential development. The property is zoned R-3 and sits contiguous to R-2, making it particularly well-suited for a tax credit multi-family development, market-rate apartments, townhomes, or other higher-density residential use. Water and sewer are available to the site, and the surrounding area is already established with national retail, dining, lodging, and service tenants that support the daily needs of future residents. Phenix City has been one of the fastest-growing communities in east Alabama, fueled by its position directly across the Chattahoochee River from Columbus, Georgia, and its proximity to Fort Benning — one of the largest U.S. Army installations in the country. The region's combination of military, manufacturing, healthcare, and education employment continues to drive sustained housing demand. Property Highlights 12.53 acres of wooded, developable land Zoned R-3, contiguous to R-2 Well-suited for tax credit multi-family, market-rate apartments, or townhome development Water and sewer available to the site Quiet, off-the-main-road setting offering privacy with corridor convenience Acreage provides flexibility for site planning, unit placement, and amenity layout Sale Price: $939,750 Location & Access Less than 1 mile to U.S. Highway 280 (±38,471 vehicles per day) 3.1 miles to Columbus, GA 12 miles to Fort Moore 27 miles to Opelika, AL 34 miles to Auburn, AL (Auburn University) Direct connectivity to the Highway 280 / U.S. 431 corridor linking Phenix City to Auburn–Opelika and the broader east Alabama market Surrounding Retail & Amenities The site sits within minutes of an established commercial node anchored by national and regional tenants, including: McDonald's Krystal Burger King Waffle House Arby's Hardee's Del Taco Church's Chicken Dunkin' Walgreens Wells Fargo Advance Auto Parts Big Lots Piggly Wiggly Additional lodging options nearby include Holiday Inn Express & Suites, Quality Inn, and America's Best Value Inn, supporting transient demand tied to Fort Moore and the Columbus metro. Market Overview The Phenix City–Columbus MSA is a dynamic bi-state market of more than 300,000 residents, supported by a diverse economic base that includes Fort Moore, the TSYS / Global Payments headquarters, Aflac, Piedmont Columbus Regional, and a growing logistics and manufacturing sector. Phenix City itself has consistently outpaced state population growth, attracting residents seeking Alabama's lower tax burden while maintaining easy access to Columbus employment centers. Demand for quality multi-family housing in the market remains strong, with rental occupancy rates and absorption supporting new product delivery. The site's R-3 zoning and proximity to Highway 280 position it favorably for developers pursuing LIHTC allocations through Alabama Housing Finance Authority or conventional multi-family financing. Development Opportunity This is a turnkey development site for an experienced multi-family or residential developer. The combination of available utilities, supportive zoning, established surrounding infrastructure, strong traffic counts on the adjacent corridor, and proximity to major regional employers creates a compelling case for near-term development. The wooded character of the parcel also allows the developer to preserve mature buffer areas for resident privacy and curb appeal. Whether the strategy is a tax credit family or senior community, market-rate apartments, or a townhome subdivision, the 12.53-acre footprint provides ample room to design a project with strong unit count, amenity space, and parking — all within a market where new housing supply has lagged demand. Offered At: $939,750 For additional information, due diligence materials, or to schedule a site tour, please contact: Ernest Smallman IV, CCIM Coldwell Banker Commercial Kennon, Parker, Duncan & Davis 1025 1st Ave | Columbus, GA 31901 Cell: 706-888-6651 | Office: 706-256-1500 ernie@erniesmallman.com

Property Subtype:

Commercial

Date on Market:

2025-06-17

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.

Property Subtype:

Commercial

Date on Market:

2025-05-28

Daphne Land for Sale - Baldwin County

This property is currently being used for a landscaping company that will relocate at closing. This property would make a great multifamily site, senior care, or other use.

Property Subtype:

Commercial

Date on Market:

2024-04-04

Atmore Industrial for Sale

ATMORE, AL — 10,000± SQ.FT. WAREHOUSE ON 5 ACRES | B-2 ZONED | I-65 CORRIDOR | ALABAMA/FLORIDA LINE | PRICE REDUCED Position your operation at the crossroads of opportunity. This 10,000± sq.ft. warehouse on 5 acres delivers the muscle, flexibility, and location that today's growth-minded operators are hunting for — set in one of South Alabama's most actively developing rural markets. Strategic Location, Real Reach Atmore sits directly on the Alabama–Florida line along the I-65 corridor, placing your business within easy striking distance of Mobile, AL to the south, Pensacola, FL to the southeast, and Montgomery, AL to the north. That kind of multi-market access — paired with potential railroad access on-site — makes this property a serious contender for logistics, light industrial, distribution, or service-based ventures looking to scale across the Gulf Coast region. Built for Work 10,000± sq.ft. warehouse on 5 acres Metal exterior with 2-on-12 pitch metal roof — durable, low-maintenance (8) 12'W x 16'H roll-up doors (1) 24'W x 16'H roll-up door — sized for farming, trucking, sawmill, or other heavy equipment Temporary dividing wall installed in 2023 (easily modified to suit) Two office spaces (approx. 648 sq.ft. each — one up, one down) with window A/C Fiber optic internet Potential railroad access Zoning Built for Possibility Zoned B-2 General Business, this site opens the door to a wide range of uses — commercial, retail, hospitality, multi-family, and more. Buyers should verify intended use with the City of Atmore. Atmore: A Rural Market on the Rise Atmore is no longer a sleepy stop on the map — it's a community making intentional, measurable moves. As Escambia County's largest city, Atmore has stacked up tens of millions in recent capital investment and shows no signs of slowing down: Perdido River Meats — the Poarch Band of Creek Indians' $29 million, 23,000 sq.ft. beef processing facility (the largest of its kind in Alabama) officially opened in early 2025, complete with a retail storefront and wholesale operation. SEEDS Grant Award — Atmore secured a $703,000 state SEEDS grant to expand the Atmore Industrial Park, allowing the city to market 120 acres of rail-served industrial sites to new industries. Rivercane Development — a 740-acre mixed-use project at I-65, Exit 57, just north of town. Wind Creek Hospitality — headquartered right here in Atmore, continuing to expand its footprint across the Southeast. Downtown Revitalization — a designated Historic District featuring The Strand Theatre, The Encore event space, the Atmore Art Walk, mural projects, and the Main Street Atmore Facade Grant program. Recent additions including a new urgent care center, West Escambia Utilities headquarters, an Atmore senior living community, and dozens of new businesses (Starbucks, Grizzly's Pizza & Wings, Fat Al's, and many more). Coastal Alabama Community College and Alabama Industrial Development Training (AIDT) operate locally — supplying employers with workforce training programs tailored to industry needs. Add in state-level incentives through the Alabama Jobs Act and a low cost of doing business, and Atmore checks the boxes serious operators are looking for. The Bottom Line Versatile space. Flexible zoning. A community actively investing in its future. Whether you're expanding an existing operation, relocating, or planting a flag in a growth market, this property gives you room to run today and room to grow tomorrow. GPS Address: 1812 S Main St — property is located behind the real estate office. Documents available, including the Main Street Atmore Redevelopment Plan and additional area growth materials. Schedule your tour today.

Property Subtype:

Truck Terminal

Date on Market:

2023-08-03

Athens Land for Sale

Property Subtype:

Commercial

Date on Market:

2022-06-13

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.

Property Subtype:

Commercial

Date on Market:

2020-10-20

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.

Property Subtype:

Storefront

Date on Market:

2014-07-08

Huntsville Office for Sale - South Madison County

Main Street South presents an excellent value-add investment opportunity within the growing South Huntsville market. Located along heavily traveled Memorial Parkway, the property offers strong visibility, accessibility, and long-term upside potential for investors seeking both income generation and future repositioning opportunities. The center features a diverse mix of retail, restaurant, office, and service-oriented tenants, creating multiple streams of income while allowing room for continued leasing and property improvements. Several spaces provide opportunities for cosmetic upgrades and modernization, making this an attractive asset for investors looking to increase occupancy, enhance curb appeal, and maximize long-term NOI growth. With continued commercial and residential growth throughout South Huntsville, this property is well-positioned for an owner or investor seeking to revitalize and elevate an established commercial center within a high-traffic corridor.

Date on Market:

2026-05-12