3017 Us Highway 431 Roanoke, AL 36274
This exceptional 4,000 sq ft commercial property, located at 3017 US Hwy 431 in Roanoke, Alabama (zip code 36274), presents a unique investment opportunity. Situated on a meticulously maintained 3-acre lot with almost 300 feet of frontage on US Hwy 431, this well-maintained building is ideally positioned just one mile south of downtown Roanoke. The property boasts a spacious banquet hall/event center layout, perfect for a variety of uses. Features include a welcoming reception area, a large meeting/dining area, three private rooms, two bathrooms, and a fully equipped kitchen. An attractive outdoor patio with a privacy fence provides additional space for events or gatherings. Ample parking is available with 18 paved spaces, plus room for overflow parking on the expansive lot. The property includes an existing Alcoholic Beverage License. GPS coordinates are accurate. This versatile property offers significant potential for a wide range of commercial ventures. The asking price is $274,000.
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
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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.