170 Greenville Byp Byp Greenville, AL 36037
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 170 Greenville Byp Byp
- Year built
- 1993
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 170 Greenville Bypass Bypass in Greenville, Alabama, presents a compelling investment opportunity. The single-story building boasts a substantial 3216 square feet of space, situated on approximately 1.1 acres of land. Its prime location offers excellent visibility and proximity to a thriving commercial corridor, including numerous retail stores, restaurants, and banking institutions. The building features durable vinyl siding and a recently treated metal roof (2023), ensuring low maintenance and long-term value. The property's strategic positioning less than one mile from I-65 Exit 130 provides unparalleled accessibility and exposure to a high volume of traffic. Currently occupied by a long-term tenant under a month-to-month lease agreement at a monthly rental rate of $4000, this property offers immediate cash flow. While the tenant is on a month-to-month lease, a 60-day notice to vacate is required. This presents a unique opportunity for an investor seeking a stable income stream with potential for future development or repositioning. The asking price for this exceptional property is $400,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Butler
- State
- Alabama
- Longitude
- -86.6362
- Latitude
- 31.8491
