Current Use by Public Records
- Retail properties & Spaces
Property Details for 9481 Hwy 431
- Year built
- 1983
- Lot size
- 1.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This thriving restaurant and bar, located at 9481 Hwy 431 S in Owens Cross Roads, Alabama, presents a unique investment opportunity. Boasting a prime location on a highly trafficked highway (over 22,000 vehicles daily), this well-established business sits on a one-acre lot, offering significant potential for expansion or future development. The 1,755 square foot building, constructed in 1983, features a fully operational kitchen and bar, perfect for continuing current operations or implementing new concepts. A large smoker located behind the building adds to the property's versatility and potential revenue streams. The property is zoned RES/COM, providing flexibility for various uses. The asking price is $1,800,000, with a compelling 14% cap rate. This turnkey operation is conveniently situated between Huntsville and Guntersville Lake, benefiting from a strong local customer base and tourist traffic. The property's single-story design and ample land provide significant operational and expansion possibilities. The APN is 2209290001049.001. This is an exceptional opportunity to acquire a profitable, established business in a high-growth area. The property's strong financials and strategic location make it an attractive investment for discerning buyers.
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
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.447
- Latitude
- 34.569
