Turnkey Office Space, Great Location, Ample Parking
Description
Added:
Feb 3, 2025
Days on Market:
314
This exceptional commercial property, located at 3275 Old Sylacauga Highway in Sylacauga, Alabama, presents a unique opportunity for businesses seeking a well-equipped and conveniently located office space. The building, constructed in 2007, boasts over 4,000 square feet of space situated on a 0.49-acre lot. Its prime location offers easy access to Highway 280, ensuring excellent accessibility for employees and clients. The interior features seven individual offices, including two executive suites, a spacious reception area, a large conference room, a fully equipped kitchen, and two bathrooms. A significant advantage is the inclusion of a large workroom/studio in the rear, complete with two sound booths and a control room, ideal for a variety of professional uses, including a recording studio. The building also benefits from ample parking in the front, side, and rear, with a private rear entrance for employees and a 50-amp hookup for an RV or other equipment. The property features a robust security system, a concrete slab foundation, steel construction, a metal roof, and a brick front. Two HVAC systems are in place, with one recently replaced in late 2023. Extensive ethernet wiring throughout the building ensures seamless connectivity. The interior underwent a complete remodel in 2022, presenting a modern and updated workspace. The building is zoned commercial within the county tax district. This turnkey property offers a compelling combination of functionality, location, and modern amenities, making it an ideal investment for any business seeking a high-quality office space. The owner is open to leasing options as well.
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3275 Old Sylacauga Hwy Sylacauga, AL 35150
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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.
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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.
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3275 Old Sylacauga Hwy Sylacauga, AL 35150
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3275 Old Sylacauga Hwy, Sylacauga, AL
Ron Comer
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3275 Old Sylacauga Hwy, Sylacauga, AL
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