Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3120 Us-431 Anniston, AL 36206
    Property profile & analytics

    3120 Us-431, Anniston, AL 36206

    View on Map
    • Land
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3120 Us-431

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional 1-acre commercial lot is strategically located at the high-traffic intersection of US Highway 431 and County Road 109 in Calhoun County, Alabama. Boasting a prime corner location, this property benefits from significant daily vehicle counts, with US Highway 431 seeing 18,150 vehicles per day and County Road 109 recording 8,324 vehicles per day. The property's size and visibility make it ideally suited for a variety of commercial ventures, particularly those requiring high visibility and accessibility. Its location in Anniston, Alabama, offers access to a robust local market and convenient transportation links. The asking price for this exceptional opportunity is $600,000, representing a price per acre of $869,000. While no specific zoning is currently permitted, the high traffic volume and strategic location make this a compelling investment opportunity for developers and entrepreneurs seeking a prominent commercial presence in a thriving area. The property's address is 3120 US-431, Anniston, AL 36206. This is a rare chance to acquire a highly visible and well-positioned commercial lot in a rapidly developing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anniston
    County
    Calhoun
    State
    Alabama
    Longitude
    -85.8687
    Latitude
    33.7174

    Comparable in this City

    • Value Estimation by Request
      2,020 SF

      4414 Mcclellan Blvd

      COMMERCIAL (GENERAL)
      4414 Mcclellan Blvd, Anniston, AL 36206-2809
      View Details
    • Value Estimation by Request
      9.98 Acres

      214 Turley Dr

      Commercial real estate
      214 Turley Dr, Anniston, AL 36206
      View Details
    • Value Estimation
      $710,000
      13,323 SF

      1002 Us Hwy 431

      COMMERCIAL (GENERAL)
      1002 Us Hwy 431, Anniston, AL 36206-5500
      View Details
    • Value Estimation by Request
      0.53 Acres

      4007 Saks Rd

      Commercial real estate
      4007 Saks Rd, Anniston, AL 36206
      View Details
    • Value Estimation by Request
      0.33 Acres

      602 49th St

      COMMERCIAL (GENERAL)
      602 49th St, Anniston, AL 36206
      View Details
    • Value Estimation by Request
      2.55 Acres

      3095 Us Hwy 431

      COMMERCIAL (GENERAL)
      3095 Us Hwy 431, Anniston, AL 36206-8312
      View Details

    Similar Nearby for Sale

    • $749,900
      9.98 Acres

      Anniston Commercial Property - Huge Potential

      Versatile commercial building on nearly 10 acres.
      214 Turley Dr, Anniston, AL 36206
      View Details
    • Contact for pricing

      Commercial Land with High Visibility

      Commercial land with frontage on McClellan Blvd, high-traffic location.
      6114 Spruce Dr, Anniston, AL 36206
      View Details
    • Contact for pricing
      0.40 Acres

      Residential Lot in Anniston, AL

      Residential lot suitable for building a dream home.
      Winfrey Ln, Anniston, AL 36206
      View Details
    • New
      Contact for pricing
      0.68 Acres

      Residential Lots in Anniston, AL

      Two residential lots with mature trees, convenient location.
      lot 22 & 23 Glade View Dr, Anniston, AL 36206
      View Details
    • Contact for pricing
      0.41 Acres

      Residential Lot in Anniston, AL

      Residential lot available for building a home in Anniston.
      Winfrey Ln, Anniston, AL 36206
      View Details
    • $149,900
      0.14 Acres

      High-Traffic Anniston Commercial Building

      Prime Hwy 21 Location, High Visibility
      5818 Mcclellan Blvd, Anniston, AL 36206
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3120 Us-431
    Anniston, AL 36206
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3120 Us-431, Anniston, AL, 36206
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!