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    9828 Us-31 Atmore, AL 36502

    For Sale
    $375,000

    High-traffic location, established business.

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Prime retail storefront opportunity in Atmore, Alabama, situated on a 0.74-acre lot at 9828 US-31, zip code 36502. This 1,200 square foot building, built in 1972, boasts a prominent location along US Highway 31, ensuring high visibility and traffic. Currently operating as an electrical supply store, the property features large fixed plate glass windows across the front, providing ample natural light and showcasing inventory. High ceilings accommodate oversized products and facilitate easy inventory movement. The building also includes private offices at the rear. A circular driveway allows for convenient delivery truck access and ample customer parking. The property is 100% occupied and is offered at $375,000 ($10,800 per square foot). An adjacent 1,200 square foot building on the same lot is also available for purchase, presenting an opportunity for owner-occupancy and potential rental income. This well-maintained metal building presents a strong investment opportunity in a well-established location. The property's APN is 2608270200006000. This is a turnkey operation ready for a new owner.

    Property Features for 9828 Us-31

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,200 SF
    Lot Size
    32,234 SF

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Atmore
    County
    Escambia
    State
    Alabama
    Longitude
    -87.450122136897
    Latitude
    31.025201093343

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, established business.
    Where is this individual retail property located?
    The property is located at 9828 Us-31 Atmore, AL.
    What is the asking price?
    The asking price for this property is $375,000.
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    Atmore, AL 36502
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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
    9828 Us-31 Atmore, AL 36502
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