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    3164 Highway 431 Roanoke, AL 36274

    For Sale
    Contact for pricing

    Prime Office/Retail, 1200 sq ft, Great Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1200-square-foot retail or office space presents a fantastic opportunity for businesses seeking high visibility and convenient access. Situated in the 431 Annex, this property benefits from its strategic location behind established businesses like Burger King and Alabama One Bank, ensuring consistent foot traffic and excellent brand exposure. The space is ideal for a variety of retail or office uses, offering ample room for operations and customer interaction. Utilities are partially covered, with water and trash services included in the lease. The property is located at 3164 Highway 431, Unit 3, in Roanoke, Alabama. This prime location offers easy access for customers and employees alike, making it an attractive option for businesses looking to establish a strong presence in a thriving commercial area. The building's convenient placement ensures high visibility and accessibility, maximizing the potential for business growth and success. This is a rare opportunity to secure a well-positioned commercial space in a high-traffic area of Roanoke. The property is available for immediate occupancy, allowing businesses to quickly establish their operations and begin generating revenue. Don't miss out on this chance to secure a valuable asset in a dynamic commercial environment. Inquire today to learn more about this exceptional opportunity.

    Property Features for 3164 Highway 431

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1998
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Randolph
    State
    Alabama
    Longitude
    -85.3587
    Latitude
    33.15036

    Nearby Comparable

    • Contact for pricing

      Roanoke Retail Space - Highway 431

      High-traffic retail/office space available. Great location, utilities included.
      3164 Highway 431, Roanoke, AL 36274
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    • Contact for pricing

      Roanoke Retail Space - Highway 431

      High-traffic retail space, utilities included.
      3164 Highway 431, Roanoke, AL 36274
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    • $175,000
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      Roanoke Retail Land Investment

      Two outparcels near major retailers. High-traffic location.
      3073 Hwy, Roanoke, AL 36274
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    FAQs

    What type of property is this?
    Retail property - Prime Office/Retail, 1200 sq ft, Great Location
    Where is this retail property located?
    The property is located at 3164 Highway 431 Roanoke, AL.
    What is the asking price?
    The asking price for this property is $950.
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    3164 Highway 431 Roanoke, AL 36274
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    Roanoke, AL 36274
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3164 Highway 431 Roanoke, AL 36274
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