Prime Anniston location, 4,000 sq ft, 32 parking spaces.
Property size:
4,000 SF
Description
Added:
Dec 11, 2024
Days on Market:
403
This exceptional 4,000-square-foot commercial building, constructed in 2018 and renovated the same year, presents a unique investment opportunity in Anniston, Alabama. Situated on a two-acre lot at 1900 Golden Springs Road, this single-story building boasts a convenient location near the I-20/Highway 431 bypass, benefiting from high visibility and easy access. The property features ample parking with space for 32 vehicles. The interior layout includes eight offices, a spacious lobby, a reception area, and a dedicated lab area. The building's construction utilizes exterior load-bearing walls, allowing for flexible interior modifications without structural limitations. Zoned by Calhoun County with no restrictions, this property offers significant potential for expansion on the existing two-acre lot. The surrounding area is experiencing a transition from residential to commercial use, with recent additions including a Jack's restaurant, a Raindrop Carwash, and a Smile Doctors office, along with a Samco and a soon-to-open Shell station across the street. This prime location is within minutes of I-20, Highways 431, 202, and 78, and approximately one hour from both Birmingham and Atlanta. The asking price is $1,500,000, translating to $375 per square foot. This represents a compelling opportunity for owner-users or investors seeking a versatile commercial property in a rapidly developing area. The property's proximity to Gadsden State Community College (Ayers Campus) and Jacksonville State University further enhances its appeal. Recreational opportunities, including Choccolocco Park, Oxford Lake, and Cheaha Mountain, are also within easy reach. Daily traffic counts (ALDOT COUNTER ID: 215, last updated 2022) show approximately 26,000 vehicles passing by.
Property Features for 1900 Golden Springs Rd
General Information
Property type
Individual retail properties
Square Feet
4,000 SF
Lot Size
87,120 SF
Building Details
Year Built/Renovated
2018/2018
Buildings
1
Stories
1
Units
1
We can help!
Listing Contact
Nicole Kelley
Learn more
HighLights
High‑traffic location on Golden Springs Road in Anniston, AL, experiencing significant commercial growth, with nearby businesses including Jack's, Raindrop Carwash, and Smile Doctors.
Unrestricted Calhoun County zoning allows for diverse business operations.
Flexible interior layout due to exterior load‑bearing wall construction.
Convenient access to I‑20, Highways 431, 202, and 78, and proximity to Birmingham and Atlanta.
Expansion potential on a two‑acre lot with ample 32‑vehicle parking.
High visibility and accessibility with approximately 26,000 vehicles passing daily (ALDOT COUNTER ID: 215, 2022 data).
The property is located at 1900 Golden Springs Rd Anniston, AL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High-traffic location on Golden Springs Road in Anniston, AL, experiencing significant commercial growth, with nearby businesses including Jack's, Raindrop Carwash, and Smile Doctors.; Unrestricted Calhoun County zoning allows for diverse business operations.; Flexible interior layout due to exterior load-bearing wall construction.
Request Owner's contact information
1900 Golden Springs Rd Anniston, AL 36207
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
1900 Golden Springs Rd Anniston, AL 36207
Message sent successfully
Error
Email to Your Friends
Message sent successfully
Error
Realmo Value Estimations
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.
Realmo CapRate Calculation
Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.
How We Calculate Cap Rate
Cap Rate Formula: Cap Rate (%) = (Net Operating Income / Property Value) × 100
Net Operating Income (NOI) Formula: NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)
Components
Net Operating Income (NOI) represents the annual income a property generates after operating expenses:
Area: Building square footage from property records
Lease Rate: Annual $/sqft based on market data for the property type and geographic location
Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
Operating Expense Ratio: Operating costs as a percentage of income, varies by property type
Property Value is derived from:
Recent sale price (if available)
Statistical models using comparable sales
AI-powered valuation estimates
Example Calculation
For a 100,000 sqft Office Building:
Lease Rate: $25.00/sqft/year (market data for Office in this area)
Vacancy Rate: 8% (market data for Office in this area)
Operating Expense Ratio: 35% (typical for Office properties)
Property Value: $15,000,000
Step 1: Calculate NOI
NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35) NOI = 100,000 × $25.00 × 0.92 × 0.65 NOI = $1,495,000/year
Step 2: Calculate Cap Rate
Cap Rate = ($1,495,000 / $15,000,000) × 100 Cap Rate = 9.97%
Property Type Considerations
Net Operating Income calculations vary by property type due to different operating expense ratios:
Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
Retail: Moderate expenses (25-35%) for common area maintenance
Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
Multifamily: Moderate expenses (35-45%) including property management
Self-Storage: Lower expenses (25-35%) due to minimal maintenance
Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.
Disclaimer
These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.
Cap Rate calculations depend on market data that may change over time
Actual operating expenses, lease rates, and vacancy rates may differ from market averages
Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
Property value estimates are approximations and not official appraisals
Cap rates vary widely by market, property condition, and investment risk profile
Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.
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.
Stat Estimate
This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.
Ranges - area data calculated by industry standard IQR Outlier Removal Method
Range-from: 75% of all similar sales ($/sqft) are above this value
Range-to: 75% of all similar sales ($/sqft) are below this value
AI Estimate
This method estimates value based on AI market estimation of comparable properties around by location and property type.
Ranges - area data calculated by industry standard IQR Outlier Removal Method
Range-from: 75% of all estimations ($/sqft) are above this value
Range-to: 75% of all estimations ($/sqft) are below this value
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
1900 Golden Springs Rd Anniston, AL 36207
More about this listing
1900 Golden Springs Rd, Anniston, AL
Contact
Nicole Kelley
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Request price
1900 Golden Springs Rd, Anniston, AL
Contact
Nicole Kelley
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Property Records & Analytics
1900 Golden Springs Rd, Anniston, AL
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Request Owner's contact information
1900 Golden Springs Rd, Anniston, AL
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Current Estimation by Request
1900 Golden Springs Rd, Anniston, AL
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Send Message
to 1900 Golden Springs Rd Anniston, AL 36207
1900 Golden Springs Rd, Anniston, AL
Contact
Nicole Kelley
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Thank You
You are Unsubscribed From Notifications
We can help!
Listing Contact
Nicole Kelley
Real Estate License ID: 101919
Google sign-in failed. Please try again or use another login method.