1031 Wilmer Ave Anniston, AL 36201
This 7,735-square-foot former Firestone building, situated on a 0.36-acre lot in Anniston, Alabama, presents a compelling investment opportunity. Priced at $539,000, this single-tenant retail property boasts a Class C designation and a NNN lease type. Built in 1972, the building features eight overhead doors and is currently 100% occupied, with the lease expiring May 17, 2024. Its prime location on Wilmer Avenue, just one block from Quintard Avenue (36,000 vehicles daily), offers exceptional visibility and accessibility. The property's zoning is UC1, and its location within an Opportunity Zone adds significant investment appeal. While currently outside the Urban Core District, potential boundary changes could further enhance its value. The property's versatility allows for continued use as an auto repair or tire shop, or repurposing for other office, warehouse, or retail uses. The parcel number is 21-03-08-2-001-028.000. This is a rare chance to acquire a well-located, functional building with significant upside potential. The price per square foot is $69.68.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.