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417 Chastain Blvd Glencoe, AL 35905

OFF-MARKET Industrial properties Google Maps
1.2 ac lot Built 1970
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional investment opportunity encompasses a 1.2-acre property in Glencoe, Alabama, featuring a versatile blend of industrial and office space. The main structure boasts a substantial 16,080 square feet, strategically divided into five interconnected yet independent warehouse areas, providing flexibility for diverse operational needs. A dedicated 3,200 square foot equipment bay adds further functionality. A separate 1,200 square foot office space provides ample administrative area. The property presents itself as an excellent flex space investment, ideal for businesses requiring both warehouse and office accommodations. The existing equipment within the property is available for separate purchase, or can be included in the sale of the property. Note that the equipment's value is not factored into the listed price of $650,000. An adjacent vacant lot is also available for purchase, details of which can be found under a separate MLS listing (MLS ID: 21388874). This property offers significant potential for growth and return on investment. The address is 417 Chastain Boulevard West, Glencoe, AL.

Property profile

Verified
Property type Industrial properties
Year built 1970
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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