Current Use by Public Records
- Commercial real estate
Property Details for 100 Hall St
- Year built
- 1985
- Lot size
- 2.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property presents a prime industrial investment opportunity in Enterprise, Alabama. The 20,400 square foot concrete block building is situated on a two-acre lot, offering ample space and potential for various uses. Its strategic location just off Highway 84 (N. Main Street) provides convenient access to AL-167, placing it less than a mile from the bustling Boll Weevil Circle, Enterprise's primary retail hub. The property benefits from its proximity to significant developments, including new U-Haul storage facilities and the under-construction Legacy Travel Center on AL-167. Established businesses in the immediate vicinity include UPS, U-Haul, the Army National Guard, AirGas, the Enterprise Civic Center, and the Yancey Parker Industrial Park, underscoring the area's robust commercial activity. The building itself boasts a 21-foot eave height and a 24-foot center ceiling height, along with a loading dock featuring six roll-up doors ranging from 8 to 16 feet in height. Recent improvements (2022-2023) include a complete elastomeric roofing spray, fresh interior wall and floor paint, the addition of a small office space with a mini-split AC unit, a new 200 AMP electrical panel, updated wiring, and four commercial-grade AC units. Exterior repainting is currently underway. Currently occupied by a single tenant under lease until May 2027 with renewal options, this property offers a strong, stable income stream with a compelling 9.5% capitalization rate. This is a rare opportunity to acquire a well-maintained, high-performing industrial asset in a rapidly growing area.
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
- Enterprise
- County
- Coffee
- State
- Alabama
- Longitude
- -85.8409
- Latitude
- 31.3134
