Current Use by Public Records
- Retail properties & Spaces
Property Details for 1111 Co Rd
- Year built
- 1956
- Property type
- Retail properties & Spaces
- Property subtype
- Gas stations
Description
This 1,200 square foot gas station, located at 1111 Co Rd 212 in Lanett, Alabama (zip code 36863), presents a compelling investment opportunity. The property sits on a sizable 21,780 square foot lot and boasts a single unit building constructed in 1956. While offering a charming, established presence, the property presents significant potential for modernization and customization to enhance its operational efficiency and aesthetic appeal. Its strategic location in Lanett, Alabama, provides access to a robust customer base, further amplified by its proximity to West Point Lake, attracting recreational users and supporting a thriving hunting and fishing community. This translates to a consistent stream of customers for both gas station and convenience store operations. The asking price for this established business is $355,000. This represents a chance to acquire a well-situated retail property with considerable upside potential for long-term growth and profitability within a stable market. The property's history and location combine to create a unique opportunity for a savvy investor.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lanett
- County
- Chambers
- State
- Alabama
- Longitude
- -85.1936
- Latitude
- 32.9061
