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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

40697 Al-77 Ashland, AL 36251

9,600 SF 0.45 ac lot
Property ID
Property summary
AI-generated overview

This expansive 9,600 square foot retail property, situated on a 0.45-acre lot at 40697 AL-77 in Ashland, Alabama (zip code 36251), presents a remarkable investment opportunity. The metal building, measuring 80x120 feet, boasts 5,400 square feet of showroom space, complemented by ample storage/warehouse space, offices, restrooms, and a loft for additional storage. A convenient bay door enhances functionality. The property benefits from extensive parking and a prime location directly on Highway 77, ensuring high visibility and accessibility. The current tenant is vacating, making this a blank canvas for a variety of uses. Suggested uses include, but are not limited to: parts store, gym, climate-controlled storage, athletic training facility, furniture store, restaurant, skating rink, bowling alley, party rental business, and more. The property's versatility and strategic location make it an exceptional prospect for entrepreneurs and investors. An adjacent property is also available for purchase. The asking price is $270,000, translating to $28.12 per square foot.

Property profile
Verified
Property type Retail properties & Spaces
Total area 9,600 SF
Lot 0.45 ac (19,602 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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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