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    469 Mitchell Cir Kellyton, AL 35089

    For Sale
    $225,000

    Versatile Metal Building, 2 Acres, $225K

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 2-acre commercial property in Kellyton, Alabama, presents a unique investment opportunity. The substantial metal building, constructed in 2009, offers a vast array of potential uses, including event space, community center, church, restaurant, or light industrial applications. The spacious main hall is complemented by a bar area, two public restrooms, and a sizable commercial kitchen, perfect for catering or food service operations. Additional features include a smaller hall, two walk-in pantries/closets, and three private offices, providing ample space for various needs. A comprehensive sound system and emergency lighting system are already in place, enhancing functionality and safety. The building's climate control is ensured by two HVAC units and three furnaces installed in 2009, servicing the majority of the structure. A further HVAC system was added in 2019 specifically for the kitchen, ensuring optimal temperature regulation in this crucial area. Previously utilized as an American Legion post, this adaptable building is ready for its next chapter. The property's expansive size and versatile layout make it an ideal choice for a wide range of businesses or community initiatives. Priced competitively at $225,000, this property offers significant value and potential for substantial return on investment. Don't miss this chance to acquire a prime commercial space in a desirable location.

    Property Features for 469 Mitchell Cir

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF

    Building Details

    Year Built
    2009
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kellyton
    County
    Coosa
    State
    Alabama
    Longitude
    -86.11961
    Latitude
    32.85277

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Metal Building, 2 Acres, $225K
    Where is this commercial real estate located?
    The property is located at 469 Mitchell Cir Kellyton, AL.
    What is the asking price?
    The asking price for this property is $225,000.
    (205) 618-9898
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    469 Mitchell Cir Kellyton, AL 35089
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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
    469 Mitchell Cir Kellyton, AL 35089
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