40697 Al-77 Ashland, AL 36251
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.
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
Similar Nearby for Sale
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.