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    408 River Falls St Andalusia, AL 36420

    For Lease
    $134 SF/Yr

    1,250 sq ft renovated office suite

    Lot size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 1,250 square foot office space in Andalusia, Alabama, is perfectly situated on River Falls Street, offering convenient access to the Western bypass and downtown. The fully renovated suite boasts ample parking directly in front and additional spaces adjacent to the building. Features include a management office with private storage, two additional offices ideal for sales representatives, and two storage/computer rooms. A convenient open kitchenette and break area are also included. The property offers a rear door for receiving and a spacious open area. The total building size is 5,500 square feet, with 1,250 square feet currently available for lease as a single-tenant space. This location provides excellent visibility and accessibility for any business. The property's central location and updated interior make it an attractive option for a variety of professional uses. The combination of convenient amenities and prime location makes this an exceptional opportunity for a business seeking a well-maintained and functional office space in Andalusia.

    Property Features for 408 River Falls St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,500 SF
    Total Rate
    61600

    Unit(s) available at that property

    Space
    Size
    1,250 SF
    Rate per SF
    $134

    HighLights

    • Brick façade.
    • Front and rear paved parking areas.
    • Rear loading dock.
    • Rear security lighting.
    • Underground street lighting on River Falls Street.
    Property Profile 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 Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Andalusia
    County
    Covington
    State
    Alabama
    Longitude
    -86.489844138156
    Latitude
    31.312309531811

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    FAQs

    What type of property is this?
    Office Property / Space - 1,250 sq ft renovated office suite
    Where is this office property / space located?
    The property is located at 408 River Falls St Andalusia, AL.
    What is the lease rate?
    The lease rate is $134 SF/Yr.
    What are key features of this property?
    This property features: Brick façade.; Front and rear paved parking areas.; Rear loading dock.
    Request Owner's contact information
    408 River Falls St Andalusia, AL 36420
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    Andalusia, AL 36420
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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
    408 River Falls St Andalusia, AL 36420
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