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    30478 Highway 278 Addison, AL 35540

    For Sale
    $169,900

    High-traffic location, versatile space, huge potential.

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 2,400 square foot commercial building presents a remarkable investment opportunity in the heart of Addison, Alabama. Situated on a 3.1-acre lot at 30478 W Hwy 278, this property benefits from high visibility and substantial traffic flow, drawing from both local businesses and lake-related commerce, as well as passing motorists. Currently configured as a former Subway restaurant, the building is ready for immediate occupancy and could easily be reopened as a Subway or repurposed to suit a variety of commercial ventures. The adaptable layout lends itself to diverse uses, including but not limited to restaurants, office spaces, daycare centers, or retail establishments. The significant acreage behind the main building offers considerable potential for expansion or the creation of additional income-generating structures. This prime location and versatile space make this property an ideal investment for entrepreneurs and business owners seeking a thriving commercial presence in Addison. The asking price is $169,900. Don't miss this chance to capitalize on the significant potential of this well-situated commercial property.

    Property Features for 30478 Highway 278

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,400 SF
    Lot Size
    135,036 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    WINSTON
    State
    Alabama
    Longitude
    -87.18366
    Latitude
    34.20182

    Nearby Comparable

    • $120,000
      4,000 SF

      Addison Commercial Building - Huge Potential

      Versatile 4,000 sq ft building on 2 acres
      31485 Highway 278, Addison, AL 35540
      View Details
    • $150,000
      2.20 Acres

      Addison Commercial Property - Huge Potential

      Three buildings on 2.2 acres, ready for your vision.
      18927 Co Rd, Addison, AL 35540
      View Details

    Nearby Similar for Sale

    • $120,000
      4,000 SF

      Addison Commercial Building - Huge Potential

      Versatile 4,000 sq ft building on 2 acres
      31485 Highway 278, Addison, AL 35540
      View Details
    • $150,000
      2.20 Acres

      Addison Commercial Property - Huge Potential

      Three buildings on 2.2 acres, ready for your vision.
      18927 Co Rd, Addison, AL 35540
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, versatile space, huge potential.
    Where is this commercial real estate located?
    The property is located at 30478 Highway 278 Addison, AL.
    What is the asking price?
    The asking price for this property is $169,900.
    (256) 476-6156
    Request Owner's contact information
    30478 Highway 278 Addison, AL 35540
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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
    30478 Highway 278 Addison, AL 35540
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