1506 College Ave Jackson, AL 36545
- Office Properties & Spaces
- 4,070 SF
- 0.29 lot acres
Current Use by Public Records
- Tonya Beech, RN / Registered General Nurse
- Children's Rehabilitation Services / Rehabilitation Center
Property Details for 1506 College Ave
- Year built
- 1974
- Lot size
- 0.29 lot acres
- Property size
- 4,070 SF
- Property type
- Office Properties & Spaces
Description
This 4,070 square foot, single-tenant office building is located at 1506 College Ave in Jackson, Alabama, 36545. The property features a 10% capitalization rate and a net operating income (NOI) of $36,600. Built in 1974, this Class C building sits on a 0.29-acre lot and is zoned for commercial use. The property boasts 100% occupancy with a long-term government tenant in place for over 20 years. Conveniently located on College Avenue, it's surrounded by national retailers, restaurants, and hotels. The building offers ample private parking in front and rear. Its proximity to Highway 43 (approximately 0.5 miles) and Coastal Alabama Community College's Jackson site (less than 1 mile) enhances its strategic location. The property is approximately 67 miles from Mobile and 148 miles from Montgomery. The asking price is $366,000, translating to a price per square foot of $89.93. The property consists of one building with one story.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Clarke
- State
- Alabama
- Longitude
- -87.8935
- Latitude
- 31.5265
