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    270 Interstate Hwy Park Loop Prattville, AL 36066

    For Sale
    $1,500,000

    8,125 SF Office Building, Excellent Location

    Property size:
    8,125 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This single-story, 8,125-square-foot office building is situated on a 0.63-acre lot in Prattville, Alabama. Built in 2000, the Class C property features five units and offers ample parking. Located in a rapidly growing retail corridor, this property benefits from easy accessibility and proximity to major transportation arteries. It's approximately 0.3 miles from I-65, 2.3 miles from Cobbs Ford Rd, and 3.1 miles from Highway 31. The property also enjoys a convenient location near the Marriott Legends Conference Center and the Robert Trent Jones Capitol Hill Golf Course. The asking price is $1,500,000, translating to $184.62 per square foot. Prattville, Alabama's 12th largest city, boasts a 2023 population of 39,076 and is experiencing robust growth, with a 1.03% annual increase and a 3.11% population rise since the 2020 census. The high volume of new residential construction in the area further enhances the property's investment potential. This presents a compelling opportunity for investors seeking a well-located office building in a thriving market. The property's convenient location and strong growth prospects make it an attractive investment.

    Property Features for 270 Interstate Hwy Park Loop

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,125 SF
    Class
    C
    Lot Size
    27,443 SF

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    1
    Units
    5
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prattville
    County
    Elmore
    State
    Alabama
    Longitude
    -86.4095964
    Latitude
    32.4848908

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    FAQs

    What type of property is this?
    Office Property / Space - 8,125 SF Office Building, Excellent Location
    Where is this office property / space located?
    The property is located at 270 Interstate Hwy Park Loop Prattville, AL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (334) 387-2724
    Request Owner's contact information
    270 Interstate Hwy Park Loop Prattville, AL 36066
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    Prattville, AL 36066
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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
    270 Interstate Hwy Park Loop Prattville, AL 36066
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