6373 Co Rd Montevallo, AL 35115
This exceptional 2,945 square foot church building, situated on a spacious 33,977 square foot lot in Montevallo, Alabama, presents a unique investment opportunity. Built in 1956, the single-story structure boasts a full basement, adding significant potential for expansion or repurposing. The property is zoned Unclassified, offering flexibility for various uses subject to local approvals. Priced at $125,000, this translates to a price per square foot of $42.44. The address is 6373 Co Rd 10, Montevallo, AL 35115, within Shelby County. Given its size and location, this property is ideal for a variety of uses, from religious organizations to community centers or even adaptive reuse projects. The substantial lot size provides ample space for parking, outdoor activities, or future development. The existing structure offers a solid foundation for immediate occupancy or renovation, depending on the buyer's vision. This is a rare opportunity to acquire a significant property in a desirable location at an attractive price point. Serious inquiries are encouraged to explore the possibilities this property offers.
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
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Risks
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