Property profile

311 Austin Ave Cullman, AL 35055

OFF-MARKET
Office Spaces
0.5 ac lot
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Property summary

AI-generated overview

This exceptional office building, located at 311 Austin Avenue in Cullman, Alabama, presents a unique opportunity for businesses seeking a blend of historical charm and modern convenience. Situated on a half-acre lot, the property boasts approximately five individual offices, ideal for a variety of professional uses. The building retains its well-preserved character and charm, offering a warm and inviting atmosphere for both employees and clients. A pleasing reception area sets a professional tone, welcoming visitors from the outset. The property features a convenient handicap ramp, ensuring accessibility for all. Shared parking is available with a long-standing, established business, Werner's, providing ample space for employees and clients. This prime location in Cullman offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the community. The building's historical details are complemented by its practical layout and functional design, creating a workspace that is both aesthetically pleasing and highly efficient. The asking price for this exceptional property is $1,650. This represents a significant opportunity to acquire a well-maintained, historically significant office building in a desirable location. The property's size and features make it suitable for a range of businesses, from small professional practices to larger organizations seeking a unique and characterful office space. Serious inquiries are encouraged to explore this compelling investment opportunity.

Property profile

Verified
Property type Office Spaces
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Location

311 Austin Ave Cullman, AL 35055
Cullman metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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