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    1130 Hurst St Gadsden, AL 35901

    For Sale
    $225,000

    Daycare building plus large lot, ideal for redevelopment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Gadsden, Alabama property presents a unique investment opportunity encompassing a substantial 3,086 square foot former daycare building and a sizeable 0.47-acre vacant lot situated directly across the street at 1130 Hurst St, Gadsden, AL 35901. The property's zoning variance has expired, requiring re-establishment for commercial use, presenting a chance to tailor the space to various ventures. The existing building offers immediate potential for a new daycare or similar use, capitalizing on its existing infrastructure and convenient location. The expansive vacant lot provides ample space for expansion, outdoor play areas, or additional development. Located in a peaceful residential neighborhood just north of Highway 431, this property benefits from excellent visibility and accessibility. The asking price for this combined property is $225,000, offering a compelling entry point into the Gadsden real estate market. The property is zoned for mixed-use, allowing for a range of commercial and residential possibilities. Serious inquiries are encouraged to explore the full potential of this versatile property.

    Property Features for 1130 Hurst St

    General Information

    Property type
    Specialty properties
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gadsden
    County
    Etowah
    State
    Alabama
    Longitude
    -86.018057902905
    Latitude
    34.027066479004

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    FAQs

    What type of property is this?
    Specialty property - Daycare building plus large lot, ideal for redevelopment.
    Where is this specialty property located?
    The property is located at 1130 Hurst St Gadsden, AL.
    What is the asking price?
    The asking price for this property is $225,000.
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    Gadsden, AL 35901
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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
    1130 Hurst St Gadsden, AL 35901
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