720 Alabama Ave | Selma, AL 36701
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- LoopNet Team
720 Alabama Ave
Selma, AL 36701
Alabama Department of Rehabilitation Services · Office Property For Sale
Investment Highlights
- 15 years remaining on the State of Alabama (S&P rated AA) lease. Lease expiration September 30, 2035.
- The subject is located in an established, in-fill location with a minimal amount of develop-able land.
- Complete renovation in 2015 included new flash down membrane roof, HVAC, Interior refinish. Renovations costs were approximately $1,000,000.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
14,305 SF
Building Class
C
Year Built/Renovated
1994/2015
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,305 SF
Building FAR
0.54
Lot Size
0.61 AC
Zoning
B-1
Parking
0.65 Spaces per 1,000 SF Leased
PROPERTY TAXES
| Parcel Number | 11-07-36-3-006-018.0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $200,200 |
PROPERTY TAXES
Parcel Number
11-07-36-3-006-018.0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$200,200
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