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3.03 AC with Industrial Building

900 Ravenwood Drive : Salem, AL 36701

Dallas County, Alabama

3.03 Acres
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3.03 AC with Industrial Building : Salem : Dallas County : Alabama

Land 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 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 Transportation & Warehousing and Finance & Insurance, & Real Estate & Rental & Leasing Mickey Fowler

Fisher Auction Company Inc.

License: Alsl466

Land features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by AUCTIONFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Buyers should exercise their own due diligence when purchasing real estate. AUCTIONFLIP is not a party to any portion of the real estate transaction between a buyer and seller on this site. Contact the seller directly regarding this listing.
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