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Property profile & analytics
OFF-MARKET
Land

104 19Th St Fort Payne, AL 35967

0.52 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.52 ac (22,651 SF)
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
Current use
Occupant on record · Public records
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Dollar General Discount Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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