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Flex Building with High Ceilings
For Sale
$550,000
Pending

220 N 12th Street, Lanett, AL 36863

CommercialSale, Lanett, AL

Property Size15,279 SF
Lot Size1.66 Acres
Days on Market1061

Property Features for 220 N 12th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm
Parking 14
Parking features Parking Lot
Interior features HighCeilings
Accessibility Accessible Approach with Ramp
Lot features Corner Lot
View City
Directions Take I-85 N to Lanett, Alabama and exit 79. Follow to Broad Avenue and turn left. Follow for two then left on Cherry Ave and then right on N Lanier Ave and then left to 220 N 12th Street.
Standard status Pending
APN 10062440010360000
Size 15,279 SF
Lot size 1.66 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description BEG AT INT OF N MARGIN OF N. 12TH STREET & NE MARGIN OF N. 4TH AVENUE, RUN NW'LY ALONG AVENUE 195.76', E'LY243.63', S213.17' TO STREET, W ALONG STREET 203' TO P.O.B., IN SW1/4 OF SE1/4. S24 T22N R28E CITY OF LANETT
Tax Annual Amount 9648
Legal Description BEG AT INT OF N MARGIN OF N. 12TH STREET & NE MARGIN OF N. 4TH AVENUE, RUN NW'LY ALONG AVENUE 195.76', E'LY243.63', S213.17' TO STREET, W ALONG STREET 203' TO P.O.B., IN SW1/4 OF SE1/4. S24 T22N R28E CITY OF LANETT

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1972
Floors in Building 1
Flooring type Carpet, Tile
Building materials Brick
Additional Structures Storage
Listing Agency: Century 21 Premier Real Estate · Century 21 Real Estate
Listed By: Michael Powell · License #000085431-0
Added: Oct 20, 2023 Changed: Aug 19 Last Checked: Sep 14 at 12:06AM
MLS# E97034

Copyright © 2026 East Alabama Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property is a 15,279-square-foot flex building at 220 N 12th Street in Lanett, Alabama. Its interior includes 10,542.50 square feet of office area and 4,736.50 square feet designated for production. High ceilings, brick construction, carpet and tile flooring, central heating and central air, and an accessible approach with ramp are among the existing features. The building was constructed in 1972 and is supported by public water and public sewer.

The 1.66-acre property includes two vacant lots: 217 14th Street North, also identified as Heyman Street, measuring 0.341 AC+/-; and 215 14th Street North, also identified as Heyman Street, measuring 0.310 AC+/-. A new rubber membrane roof was installed in 2022. On-site parking is provided through a parking lot, and the property is zoned Comm.

Key Highlights

  • 15,279‑square‑foot flex building with 10,542.50 square feet of office area
  • Production area totals 4,736.50 square feet
  • New rubber membrane roof installed in 2022

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Pharmacy Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Garden Center

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

Location Intelligence

Trade Area within ½ mile

420
Businesses Nearby
Balanced
Demand for This Use

Demographics for 36863, AL

12,233
Population
5,421
Households
2.3
Avg Household Size
42
Median Age
10%
College-Educated
81%
High-School Grad
95.7 sq mi
ZIP Area
128
Density / Sq Mi
$45,313
Median Household Income
$29,970
Median Earnings
$739
Median Rent
$113,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Brick construction with dedicated office and production areas, central HVAC, public utilities, and lot parking.
Where is this flex space located?
The property is located at 220 N 12th Street Lanett, AL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 15,279‑square‑foot flex building with 10,542.50 square feet of office area; Production area totals 4,736.50 square feet; New rubber membrane roof installed in 2022
More about this property
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