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    606 Us-31 Georgiana, AL 36033

    For Sale
    $500,000

    20,000 SF Flex Building, $25/SF

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 20,000-square-foot single-story industrial flex space is ideally situated in Georgiana, Alabama, at 606 US-31, offering convenient access to I-65 (approximately 3.4 miles away). The property consists of a manufactured steel building featuring a large open warehouse area, perfect for various industrial or flex uses. The building also includes two private offices, providing dedicated workspace, along with a breakroom, sprinkler control room, workstation area, restrooms, and a remittance machine, enhancing functionality and convenience. Two loading docks ensure efficient loading and unloading operations. The property is situated directly off US Highway 31 and Oakwood Street, providing excellent visibility and accessibility. The asking price for this turnkey industrial space is $500,000, representing a competitive price per square foot of $25. This property presents a compelling investment opportunity for businesses seeking a well-equipped and strategically located industrial facility in a growing area.

    Property Features for 606 Us-31

    General Information

    Property type
    Flex space
    Square Feet
    20,000 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $500,000 asking price for a 20,000 SF flex industrial building.
    • Single‑tenant occupancy.
    • Located at 606 US‑31, Georgiana, AL 36033.
    • Features two loading docks and two offices.
    • Priced at $25 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Georgiana
    County
    Butler
    State
    Alabama
    Longitude
    -86.729695939468
    Latitude
    31.632920035018

    Nearby Comparable

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      McKenzie Commercial Building Opportunity

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      285 Garland Rd, McKenzie, AL 36456
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    • $62,500
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      Commercial building suitable for restaurant or retail in McKenzie, AL.
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    • $160,000
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      New Commercial Building on One Acre

      New commercial building on one acre corner lot.
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    FAQs

    What type of property is this?
    Flex space - 20,000 SF Flex Building, $25/SF
    Where is this flex space located?
    The property is located at 606 Us-31 Georgiana, AL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price for a 20,000 SF flex industrial building.; Single-tenant occupancy.; Located at 606 US-31, Georgiana, AL 36033.
    Request Owner's contact information
    606 Us-31 Georgiana, AL 36033
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    Georgiana, AL 36033
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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
    606 Us-31 Georgiana, AL 36033
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