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Property profile & analytics
OFF-MARKET
Office buildings

753 Walnut St Gadsden, AL 35901-4138

1,736 SF 0.12 ac lot Built 1920
Individually Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US03-2414132
Property summary
AI-generated overview

This exceptional 1450+ square foot commercial property presents a remarkable investment opportunity in the heart of Gadsden, Alabama. Strategically located near the city center and major highways, this building offers unparalleled convenience and accessibility. The well-designed floor plan boasts a spacious waiting area, four private offices ideal for individual work or team collaboration, a dedicated storage/file room for efficient organization, and a fully equipped kitchen featuring granite countertops, a refrigerator, and a range. Two restrooms ensure ample convenience for staff and clients. The property features a blend of hardwood and tile flooring throughout, providing both durability and aesthetic appeal. Climate control is ensured with central heating and air conditioning. Ample parking is provided with two assigned parking spaces and additional courtesy parking located at the rear of the building. A covered front porch adds a welcoming touch, while the property's handicapped accessibility ensures inclusivity. The property sits on a 0.12-acre lot. The diverse layout and prime location make this property suitable for a wide range of commercial uses, presenting endless possibilities for its future. Priced at $156,500, this is an exceptional opportunity to acquire a well-maintained and versatile commercial space in a thriving Gadsden location. Don't miss out on this chance to own a piece of Gadsden's commercial landscape.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Total area 1,736 SF
Lot 0.12 ac (5,028 SF)
APN 15-02-04-3-000-315.000
UPID US03-2414132
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lighthouse Counseling Services, LLC Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Beth Mullins Hughes · 9 yrs held
Beth Mullins Hughes
since 2017
1 recorded transaction
2017
$102,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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