Map
Listed price in listed location currency (USD).
$325,000

000

MLS® 7811809

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $1,150
Days Active 0
Lot Size 4.66 Acres
Approx. Age 
MLS® Number 7811809

Property Address: 4560 Lott Rd, Eight Mile, AL, 36613-8928

Average square foot calculated using Size range provided by listing agent.

Description

This income-producing property offers a significant value-add opportunity with 5 park-owned homes currently generating $4, 100 in monthly gross income. The site sits on 4.66 flat, mostly clear acres featuring an asphalt driveway extending to the rear, with power and water lines already in place. There are no zoning restrictions or requirements for this property. To proceed with development, simply submit a site plan directly to the City of Semmes for approval. This property offers significant income-growth potential, with the immediate opportunity to add eight additional pads. Financials: Gross Annual Rent: $49, 200 Annual Expenses: $5, 710 NOI: $43, 500 Cap Rate: ~13.38% This property provides strong cash flow, a high yield, and low overhead. Property viewings are permitted following contract acceptance. All offers must include proof of funds or pre-approval for a commercial property. The water is on a single meter with a $200 monthly cost, which is paid by the park owner. All electricity and other power utilities are separately metered and paid for by the tenants.
MLS® Number7811809
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayVaries by Unit
Garage Spaces
HeatCentral
A/CCeiling Fan(s), Central Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 28, 2026List Date
$325,000List Price
  • Commute

Commute

Starting Address
Destination Address
4560 Lott Rd, Eight Mile, AL

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