104 19Th St Fort Payne, AL 35967
This exceptional investment opportunity presents a fee simple 0.52-acre commercial land parcel in Fort Payne, Alabama, ideally situated adjacent to a Dollar General store. The property boasts excellent visibility and access from two major roads: Gault Ave N (11,631 vehicles per day) and Grand Ave SW (approximately 11,199 vehicles per day), offering a combined daily traffic count of approximately 12,830 vehicles. Its strategic location is just 1.5 miles from Interstate 59 (approximately 20,830 VPD), placing it within a thriving commercial corridor alongside established businesses such as Quality Inn, Wingstop, KFC, Domino's, and the Dekalb County Fairgrounds. The property is zoned C-1, Neighborhood Shopping District, allowing for diverse uses including retail, banking, office space, and restaurants (conditional use). This prime location benefits from strong demographics, with a population of approximately 17,071 residents and an average household income of approximately $64,286 within a 5-mile radius. This is an absolute $1 auction with no reserve, taking place November 4-6, 2024. The property address is 104 19th St, Fort Payne, AL 35967, in DeKalb County. Due diligence documents are available.
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Redbox Cinema (Bike/Boat/Book/etc) Store
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Dollar General Discount Store
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Western Union Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.