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    2021 Boll Weevil Cir Enterprise, AL 36330

    Sponsored
    For Sale
    $1,059,000

    High-yield, long-term leased property.

    Property size:
    10,706 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 10,706 square foot commercial property, situated on a 3-acre lot at 2021 Boll Weevil Circle in Enterprise, Alabama, presents a compelling investment opportunity. The property is currently leased to the Alabama Career Center, a stable state tenant with a long-standing history at this location since 1995. The current lease, extending from June 21, 2021 to May 2026, generates a substantial monthly gross income of $8,750. This represents a consistent and reliable income stream, with a proven track record of lease renewals approximately every five years. The tenant is responsible for all utilities, janitorial services, and landscaping, minimizing the owner's operational responsibilities. The owner's responsibilities are limited to property maintenance, taxes, and insurance. This turnkey investment offers a secure and profitable return, backed by a dependable, long-term tenant and a prime location in Enterprise, Alabama. The property's size and location make it an attractive asset for investors seeking a stable, high-yield investment with minimal management demands. This is a rare opportunity to acquire a well-established commercial property with a proven history of success.

    Property Features for 2021 Boll Weevil Cir

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,706 SF
    Lot Size
    130,680 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    State-Al Workers Compensation Social Services Organization Alabama Career Center Employment Agency Telamon Corporation Non-Profit Organization

    Suggested Use

    Restaurant Cafe & Coffee Shop Barber Shop Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Enterprise
    County
    Coffee
    State
    Alabama
    Longitude
    -85.87984
    Latitude
    31.32888

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield, long-term leased property.
    Where is this commercial real estate located?
    The property is located at 2021 Boll Weevil Cir Enterprise, AL.
    What is the asking price?
    The asking price for this property is $1,059,000.
    (334) 699-8400
    Request Owner's contact information
    2021 Boll Weevil Cir Enterprise, AL 36330
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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
    2021 Boll Weevil Cir Enterprise, AL 36330
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