307 Jones St Fort Deposit, AL 36032
This exceptional 9,069-square-foot retail property, located at 307 E Jones Street in Fort Deposit, Alabama, presents a unique investment opportunity. Formerly a Cadence Bank branch, this single-story, 1977-built building offers ample space and is situated on a lot with convenient rear parking. The property is currently vacant, providing immediate potential for redevelopment or lease. Priced at $299,000 ($32.97 per square foot), this offering represents a strong value proposition in a growing market. Its strategic location offers easy access to I-65 and Highway 31, enhancing its visibility and accessibility. Fort Deposit, the largest town in Lowndes County, boasts a population of 1,344 (2010 census) and is part of the Montgomery Metropolitan Statistical Area. The property's proximity to Montgomery Regional-Dannelly Field Airport (approximately 32 miles) further enhances its appeal. This presents a rare chance to acquire a substantial retail space in a well-established Alabama community. The building's size and location make it suitable for a variety of retail uses. Serious inquiries are encouraged.
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New Beginnings Hair Salon Nail Salon
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Cadence Bank Bank Loan Service
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
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.