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Property profile & analytics
OFF-MARKET
Office buildings

315 Main Ave Northport, AL 35476-5057

3,193 SF 0.26 ac lot Built 1880
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US03-0816500
Property summary
AI-generated overview

This stunning 3,193 square foot office building, located at 315 Main Avenue in the heart of historic downtown Northport, Alabama, presents a unique investment opportunity. The property sits on a 0.26-acre lot and boasts impressive curb appeal, highlighted by ornate woodwork and a charming front porch. Inside, you'll find spacious rooms with high ceilings and abundant natural light provided by numerous windows. The building's previous use was as an office, making it ideally suited for a variety of professional uses. Ample public parking is readily available in the surrounding area, ensuring convenient access for employees and clients. This property offers a chance to own a piece of Northport's rich history while establishing a prominent presence in the vibrant downtown area. The asking price is $459,000. The building's size and location make it an excellent choice for businesses seeking a prestigious and well-situated office space in a thriving community. Its historic character and modern functionality combine to create a truly exceptional property. Don't miss this opportunity to own a piece of Northport's heritage and establish your business in a prime downtown location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1880
Construction WOOD
Total area 3,193 SF
Lot 0.26 ac (11,200 SF)
Zoning code RCI
APN 31-05-16-4-414-001.000
UPID US03-0816500
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
315 Main Ave LLC
315 Main Ave LLC
since 2025
Last sale
$400,000
2 recorded transactions
2025
$400,000
2020
Price N/A
Zoning & alternative use
RCI · Northport, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The intent of RCI district to preserve and reinforce its residential and institutional character

Zone name Residential Commercial Institutional
General category CIVIC_INSTITUTIONAL
Zone area 10.55 ac
Source Realmo
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