$400,000 Sold

601 US-29, Valley, AL 36854, USA

5,736 sq ft 2.50 acres
Property Record Sold for $400,000 on May 15, 2025

Current Market Context

$250,000
Estimated Current Value
$225,000 – $275,000
5.2 mo
Absorption Rate
Balanced Market
64
Avg Days on Market
96.4%
List-to-Sale Ratio

Description

Prime Commercial Investment on US 29 in Valley, AL! Seize this exceptional opportunity with 2.5 acres of prime real estate in a high-traffic location. The property features a commercial duplex and two oversized storage units generating $3,600 in monthly income, plus a 5,000+ sq. ft. poured slab foundation ready for expansion—whether for additional storage units or the project of your dreams. Positioned next to Circle K and Valley High School, this property boasts outstanding visibility and convenient access. Recent upgrades include a brand-new roof, new HVAC system, spray foam insulation, and excellent long-term tenants already in place. The potential here is immense, with plans for a storage unit complex already underway. As an added bonus, the list price includes re-paving the parking lot. Don't miss your chance to invest in this dynamic and growing area!

Property Details

Property Type
Commercial Sale
Living Area
5,736 sq ft
Lot Size
2.50 acres
Year Built
1951
County
Chambers
Sold Price
$400,000
Sold Date
May 15, 2025
Last List Price
$450,000
Last List Date
January 13, 2025

Price History

  1. Sold MLS# 218883 $400,000
  2. Sold MLS# E99878 $400,000
  3. Sold MLS# 172863 $400,000
  4. Listed MLS# 218883 $450,000
  5. Listed MLS# E99878 $450,000
  6. Listed MLS# 172863 $450,000

Location

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Home Value