🏡 Investor Opportunity on Nearly 1 Acre in Alexander City

This is a full-renovation opportunity on nearly one acre in Alexander City. The home is currently flagged as condemned due to floor issues, but it can be repaired and cleared once renovations are completed. Best suited for investors or builders comfortable with a larger rehab scope.

🔑 Property Highlights:

3 Bedrooms / 2 Bathrooms

1,632 Sq Ft

Approx. 0.99-acre lot

Built in 1966

Single-family home with carport

🛠 Renovation Scope:

Flooring and subfloor repair

New HVAC system

Kitchen and bathroom renovations

General interior finishes

Estimated renovation budget: $80K–$100K, depending on finish level.

💰 Investor Insight:

Large lot offers flexibility

ARV supports the renovation scope

Ideal for experienced investors or long-term hold strategies

This is priced for the work and intended for buyers who know how to manage a complete rehab efficiently.

📲 Contact Lanier at 334-201-0507 to schedule a showing.

Comps/ARV:

Estimated ARV: ~$200,000

Comp 1: 640 Glenwood Rd sold for $164,000 @ $117/sqft and is a 3/2 1401 sqft on 11/25/2025
Comp 2: 677 Glenwood Rd sold for $175,000 @ $100/sqft and is a 2/2 1760 sqft on 8/29/2025
Comp 3: 870 Forrest Rd sold for $195,000 @ $112/sqft and is a 3/2 1742 sqft on 4/17/2025
Comp 4: 2778 Valley Rd sold for $225,000 @ $135/sqft and is a 3/2 1667 sqft on 9/16/2025
Comp 5: 1229B sold for $155,000 @ $131/sqft and is a 3/2 1179 sqft on 1/28/2026