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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1031 Wilmer Ave Anniston, AL 36201

7,735 SF 0.36 ac lot Built 1972
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1972
Total area 7,735 SF
Lot 0.36 ac (15,682 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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