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    307 Jones St Fort Deposit, AL 36032

    For Sale
    $299,000

    Vacant Bank Building, 9,069 SF

    Property size:
    9,069 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9,069-square-foot retail property, located at 307 E Jones Street in Fort Deposit, Alabama, presents a unique investment opportunity. Formerly a Cadence Bank branch, this single-story, 1977-built building offers ample space and is situated on a lot with convenient rear parking. The property is currently vacant, providing immediate potential for redevelopment or lease. Priced at $299,000 ($32.97 per square foot), this offering represents a strong value proposition in a growing market. Its strategic location offers easy access to I-65 and Highway 31, enhancing its visibility and accessibility. Fort Deposit, the largest town in Lowndes County, boasts a population of 1,344 (2010 census) and is part of the Montgomery Metropolitan Statistical Area. The property's proximity to Montgomery Regional-Dannelly Field Airport (approximately 32 miles) further enhances its appeal. This presents a rare chance to acquire a substantial retail space in a well-established Alabama community. The building's size and location make it suitable for a variety of retail uses. Serious inquiries are encouraged.

    Property Features for 307 Jones St

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,069 SF

    Building Details

    Year Built
    1977
    Buildings
    1
    Stories
    1

    HighLights

    • 9,069 SF retail building at 307 E Jones St, Fort Deposit, AL.
    • Former bank branch, single‑story, built in 1977.
    • Vacant, offering redevelopment or lease potential.
    • Priced at $299,000 ($33/SF).
    • Convenient rear parking and proximity to I‑65 & Hwy 31.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Beginnings Beauty Salon Cadence Bank Bank

    Suggested Use

    Restaurant Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Deposit
    County
    Lowndes
    State
    Alabama
    Longitude
    -86.5793553
    Latitude
    31.9850087

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    Nearby Similar for Sale

    • $299,000
      9,069 SF

      Former Bank Building For Sale

      Former Cadence Bank with easy access to major highways.
      307 E Jones St, Fort Deposit, AL 36032
      View Details
    • $1,400,000
      47,550 SF

      Bishop Street Manufacturing Facility

      Alabama Industrial Property: 47,550 SF, $1.4M
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    FAQs

    What type of property is this?
    Individual retail property - Vacant Bank Building, 9,069 SF
    Where is this individual retail property located?
    The property is located at 307 Jones St Fort Deposit, AL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 9,069 SF retail building at 307 E Jones St, Fort Deposit, AL.; Former bank branch, single-story, built in 1977.; Vacant, offering redevelopment or lease potential.
    Request Owner's contact information
    307 Jones St Fort Deposit, AL 36032
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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
    307 Jones St Fort Deposit, AL 36032
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