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Office Building with Private Parking
For Sale
$415,000

1506 College Avenue, Jackson, AL 36545

Commercial-zoned professional office property with dedicated parking areas serving both front and rear entrances.

Property Size4,070 SF
Price / SF$101.97
Days on Market194

Property Features for 1506 College Avenue

General Information

Standard status Active
Size 4,070 SF
Class B
Property subtype Multi Tenant Office
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 9%

Building Details

Building Size 4,070 SF
Year Built 1974
Buildings 1
Listing Agency: Moore Company Realty, Inc
Listed By: Jon Masters · License #000110883
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 4:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moore Company Realty, Inc

Investment Insights

Based on property information with market context.

The property at 1506 College Avenue is a professional office building constructed in 1974 and zoned Commercial. Private parking is provided at the front and rear of the building. A State of Alabama government organization currently occupies the space and has been in place for more than 20 years. The property carries a 9% Cap Rate.

The office is approximately 0.5 miles from Highway 43 and less than one mile from Coastal Alabama Community College – Jackson Campus. Its College Avenue setting is described as being near national retailers, restaurants, and hotels. Jackson is approximately 67 miles from Mobile and 148 miles from Montgomery, connecting the property with two major Alabama markets.

Key Highlights

  • Professional office building constructed in 1974
  • Current State of Alabama government organization has occupied the space for more than 20 years
  • 9% Cap Rate

Property Analytics

Current Use

Tonya Beech, RN Registered General Nurse Children's Rehabilitation Services Rehabilitation Center

Suggested Use

Top Pick Dental Office Bakery (Bike/Boat/Book/etc) Store HVAC Service Real Estate Agency Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby

Demographics for 36545, AL

8,659
Population
4,439
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
85%
High-School Grad
394.5 sq mi
ZIP Area
22
Density / Sq Mi
$49,338
Median Household Income
$40,765
Median Earnings
$640
Median Rent
$141,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Commercial-zoned professional office property with dedicated parking areas serving both front and rear entrances.
Where is this office building located?
The property is located at 1506 College Avenue Jackson, AL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Professional office building constructed in 1974; Current State of Alabama government organization has occupied the space for more than 20 years; 9% Cap Rate
More about this property
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