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    15497 Al-243 Russellville, AL 35654

    For Lease
    Contact for pricing

    Versatile 3,900 sq ft warehouse/office

    Lot size:
    3,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3,900-square-foot property in Russellville, Alabama, presents a unique opportunity for businesses seeking versatile space. Located at 15497 AL Highway 243, this single-tenant building offers a blend of warehouse and office space, ideal for a variety of uses. The property is classified as Office, Industrial, and Special Purpose, encompassing warehouse, creative office, and manufacturing subtypes. The building features three heated warehouse spaces, providing ample storage or production area. In addition, dedicated office space is included, offering a comfortable and functional workspace. The property's location just off Highway 24 ensures excellent accessibility and high visibility, making it an attractive option for businesses seeking convenient access to transportation routes. The building does not include elevators. Situated in Franklin County, Alabama, with a zip code of 35654, this property offers a strategic location for businesses operating in the region. The single-tenant occupancy provides a streamlined and efficient operational environment. This is a rare opportunity to secure a well-located, versatile industrial space in a thriving area. The property's size and features make it suitable for a range of businesses seeking a functional and convenient location.

    Property Features for 15497 Al-243

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,900 SF

    Unit(s) available at that property

    Space
    Size
    3,900 SF

    HighLights

    • 2,400 SF heated warehouse space in Phase 3.
    • 1,500 SF of office space.
    • Three bathrooms.
    • Reception area.
    • Common area with potential for executive office use.
    • Employee shower.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Russellville
    County
    Franklin
    State
    Alabama
    Longitude
    -87.723361216292
    Latitude
    34.479190013847

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Office space - Versatile 3,900 sq ft warehouse/office
    Where is this office space located?
    The property is located at 15497 Al-243 Russellville, AL.
    What are key features of this property?
    This property features: 2,400 SF heated warehouse space in Phase 3.; 1,500 SF of office space.; Three bathrooms.
    Request Owner's contact information
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    Russellville, AL 35654
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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
    15497 Al-243 Russellville, AL 35654
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