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Property profile & analytics
OFF-MARKET
Commercial real estate

2842 Highway 78 Heflin, AL 36264

1.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.4-acre commercial property, located at 2842 Highway 78 in Heflin, Alabama, presents a unique investment opportunity. Previously operating as a barbecue restaurant, this property boasts high visibility and convenient access from Highway 78, ensuring significant exposure to potential customers. The building itself requires some renovation and tender loving care, offering a blank canvas for a discerning entrepreneur to create their dream business. The expansive 1.4-acre lot provides ample space for expansion, outdoor seating, or additional development. A picturesque small creek meanders through the property, adding a touch of natural beauty to the site. This is an ideal location for a variety of businesses, capitalizing on the high traffic count of Highway 78. The asking price of $65,000 represents a compelling entry point into the Heflin commercial real estate market. Don't miss this chance to establish your business in a highly visible and desirable location. Act quickly to secure this exceptional opportunity. The property is ready for its next chapter, and with some investment, it can become a thriving enterprise. The existing structure provides a solid foundation for a new business venture.

Property profile
Verified
Property type Commercial real estate
Lot 1.4 ac (60,984 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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