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    119 Al-106 Georgiana, AL 36033

    For Lease
    Contact for pricing

    8,000 SF Retail Building, High Visibility

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8,000-square-foot freestanding retail building presents a significant opportunity in Georgiana, Alabama. Located on Highway 106 in Butler County, this single-tenant property boasts high visibility and accessibility. Constructed in 2003, the building sits on a 0.78-acre lot, offering ample space for potential expansion or outdoor amenities. The entire 8,000 square feet is currently vacant, providing a blank canvas for a wide range of retail uses. Its strategic location in southern Alabama offers convenient access to Interstate 65, approximately 65 miles south of Montgomery and 100 miles north of Mobile, ensuring a strong potential customer base. The property's size and location make it ideal for a variety of retail businesses seeking a prominent presence in a growing community. This is a rare opportunity to acquire a substantial, well-located retail space in a desirable market. The property is classified as a storefront retail building and is ready for immediate occupancy. Serious inquiries are encouraged. The property address is 119 AL-106, Georgiana, AL 36033.

    Property Features for 119 Al-106

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF

    Building Details

    Year Built
    2003

    Unit(s) available at that property

    Space
    Available Space
    Size
    8,000 SF

    HighLights

    • High‑visibility frontage on Highway 106.
    • Ample on‑site employee and customer parking.
    • Excellent Interstate 65 access (within 2 miles), high traffic counts (26,480 AADT).
    • Close proximity to the Hank Williams Museum (0.5 miles).
    • 58 miles to Downtown Montgomery.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Georgiana
    County
    Butler
    State
    Alabama
    Longitude
    -86.7424624
    Latitude
    31.6447893

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    FAQs

    What type of property is this?
    Individual retail property - 8,000 SF Retail Building, High Visibility
    Where is this individual retail property located?
    The property is located at 119 Al-106 Georgiana, AL.
    What are key features of this property?
    This property features: High-visibility frontage on Highway 106.; Ample on-site employee and customer parking.; Excellent Interstate 65 access (within 2 miles), high traffic counts (26,480 AADT).
    Request Owner's contact information
    119 Al-106 Georgiana, AL 36033
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    Georgiana, AL 36033
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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
    119 Al-106 Georgiana, AL 36033
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