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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

307 Jones St Fort Deposit, AL 36032

9,069 SF Built 1977
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1977
Total area 9,069 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
  • New Beginnings Hair Salon Nail Salon
  • Cadence Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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