18160 Alabama 75

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18160 Alabama 75

Remlap, AL 35133
Asking Price
$1.75M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset located at 18160 Alabama 75 in Remlap.
  • Property currently serves as a multi-structure event venue.
  • Total asking price for the site is 1,750,000 dollars.
  • Versatile site adaptable for hospitality or diverse commercial uses.
  • Direct access provided by the frontage along Alabama 75.

What's Special

This commercial land offering at 18160 Alabama 75 in Remlap, Alabama, encompasses a versatile property configured as a multi-structure event venue. Spanning a strategic position within this regional corridor, the site provides a functional layout suitable for continued event operations, hospitality ventures, or alternative commercial redevelopment projects. The existing infrastructure supports a variety of gathering sizes and event formats, making it an adaptable asset for investors looking to capitalize on the growing demand for flexible, standalone venue spaces in the metro periphery. Its location along a primary state route ensures visibility and accessibility for guests and logistics alike. As the surrounding Alabama market continues to see moderate economic expansion, this site remains well-positioned to serve as a hub for community or private events. Future owners have the potential to enhance existing facilities or repurpose the acreage for commercial utility based on current development trends in the region.

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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542

Location & Travel Times