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3.03 AC with Industrial Building

900 Ravenwood Drive : Salem, AL 36701

Dallas County, Alabama

3.03 Acres
Land Auction
July 20, 2021 11:00 AM
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Property Description

Marketplace Online Auction July 20-22, 2021

At&T Warehouse Facility | 3 month Sale-Leaseback | Selma, Al

Investment Highlights

Sale-Leaseback With Immediate Cash Flow: This low-cost basis opportunity provides investors immediate cash flow through a sale-leaseback from At&T for a period of 3 months.

Excellent Placement With Nearby Demand Drivers: The high-traffic location is in close proximity to Craig Field Airport, Hyundai Automotive Plant, Golden Dragon Copper Tubing Plant, and railway transportation systems.

Physical Condition: Situated on a 3.03 AC parcel that is fully fenced while featuring covered parking.

Offering Details

JLL and RealINSIGHT Marketplace are pleased to present 900 Ravenwood Drive (the "Property"), a ±1,752 sf warehouse facility located in Selma, AL. The Property is situated on a 3.03 acre parcel that is fully fenced and features 50 parking spaces in a high-traffic location in close proximity to Craig Field Airport, Hyundai Automotive Plant, Golden Dragon Copper Tubing Plant, and railway transportation systems. The offering is a sale leaseback that presents new ownership the opportunity to capture immediate cash flows while exploring prospective tenants in a robust submarket at competitive market rates with the option of pursuing this investment as an owner-user.

The economy of Selma, AL employs over 6,000 people. The largest industries in Selma, AL are Manufacturing (1,309 people), Health Care & Social Assistance (830 people), and Educational Services (768 people), and the highest paying industries are Finance & Insurance ($46,979), Transportation & Warehousing ($42,500), and Finance & Insurance, & Real Estate & Rental & Leasing ($42,292).

Auctioneer:

John Mickey Fowler

Fisher Auction Company Inc.

License: Alsl466

Property Maps & Attachments

Commercial Details

Type : Industrial
100% Occupancy
1 Building
1990 Built
2004 Renovated

More Property Details

Has Commercial Building
COMMERCIALFLIP ID
282498
Posted on COMMERCIALFLIP
10 Days Ago
Last Updated
9 Days Ago
Views
7
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