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    431 Bankhead Hwy Winfield, AL 35594

    For Sale
    $695,000

    15,750 SF Office Complex, Winfield, AL

    Property size:
    15,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial property presents a unique investment opportunity in Winfield, Alabama. Located at 431 Bankhead Hwy, this 15,750 square foot office complex sits on a 1.23-acre lot and consists of two buildings. The primary structure, a modern two-story building constructed in 1995, offers 6,750 square feet of well-appointed space. The main floor boasts ten private offices, two multi-person offices, a spacious conference room, three bathrooms, four storage/file rooms, a welcoming lobby, and a convenient breakroom. A substantial 5,000+ square foot conditioned and finished attic space on the upper floor provides significant expansion potential. Security features include magnetic entry cards and a comprehensive security system. The secondary building, a 4,000 square foot brick structure built in 1960, adds versatility and historical character. This property, formerly occupied by West Oil Co., is ideally suited for a variety of businesses and presents a compelling opportunity for immediate occupancy and future growth. The property is classified as Class C and features two units. The property's address is 431 Bankhead Hwy, Winfield, AL 35594, with APN 49-24-04-17-0-201-004.000. The asking price is $695,000.

    Property Features for 431 Bankhead Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    15,750 SF
    Class
    C
    Lot Size
    53,579 SF

    Building Details

    Buildings
    2
    Stories
    2
    Units
    2

    HighLights

    • Exceptional Winfield, AL investment opportunity: 15,750 SF office complex on 1.23 acres.
    • Two‑building complex: 6,750 SF modern two‑story building (1995) and 4,000 SF brick building (1960).
    • Main building features ten private offices, two multi‑person offices, conference room, breakroom, and ample storage.
    • Large (5,000+ SF) finished attic space offers significant expansion potential.
    • Security features include magnetic entry cards and a security system.
    • Class C property, previously occupied by West Oil Co., offers immediate occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Winfield
    County
    Marion
    State
    Alabama
    Longitude
    -87.8110589
    Latitude
    33.9313158

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    FAQs

    What type of property is this?
    Office Property / Space - 15,750 SF Office Complex, Winfield, AL
    Where is this office property / space located?
    The property is located at 431 Bankhead Hwy Winfield, AL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Exceptional Winfield, AL investment opportunity: 15,750 SF office complex on 1.23 acres.; Two-building complex: 6,750 SF modern two-story building (1995) and 4,000 SF brick building (1960).; Main building features ten private offices, two multi-person offices, conference room, breakroom, and ample storage.
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    Winfield, AL 35594
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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
    431 Bankhead Hwy Winfield, AL 35594
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