Current Use by Public Records
- Commercial real estate
Property Details for 4301 Hwy
- Year built
- 2000
- Lot size
- 29.42 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity encompasses a strategically located 29.42-acre parcel in Malcolm, Alabama, featuring a fully occupied 12,000 square foot building. The building is divided into six individual units, offering diverse income streams. Two end units each boast 3,000 square feet, while four interior units provide 1,500 square feet each. The property's current occupancy ensures immediate cash flow. Beyond the main building, an additional 17 acres of land provides significant expansion potential or future development opportunities. This property benefits from its prime location, situated just minutes away from a major steel mill and other industrial plants, guaranteeing a strong tenant base and consistent demand. Furthermore, its designation as an Opportunity Zone presents significant tax advantages for qualified investors. The seller is open to dividing the property, offering flexibility to suit various investment strategies. This presents a rare chance to acquire a substantial, income-generating asset in a thriving industrial area with considerable upside potential. The property's size and location make it ideal for a variety of uses, from continued multi-tenant occupancy to potential redevelopment. Serious inquiries are encouraged.
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
- Malcolm
- County
- Washington - AL
- State
- Alabama
- Longitude
- -88.0187
- Latitude
- 31.2161
