608 Jefferson St Athens, AL 35611
- Strip malls
- 35,977 SF
- 7.90 lot acres
Current Use by Public Records
- Western Union / Money Transfer Service
- Hometown Grocery / Supermarket / Grocery Store
Property Details for 608 Jefferson St
- Year built
- 1963
- Lot size
- 7.90 lot acres
- Property size
- 35,977 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 1003084002003000
- APU
- 1003084002003000
Description
Invest in this thriving Athens, Alabama retail center, strategically located across from the new 40,000 square foot Athens-Limestone Public Library. This grocery-anchored shopping center offers four available spaces ranging from 1,520 square feet to 9,050 square feet, providing flexibility for various retail businesses. Its prime location ensures high visibility and foot traffic. The center's proximity to the bustling town square, just four blocks away, places it within easy reach of the Limestone County courthouse and Athens City Hall, guaranteeing a steady stream of potential customers. This presents a unique opportunity for businesses seeking a well-established location in a growing community. The size diversity of the available spaces allows for businesses of various scales to find a suitable fit. The existing grocery anchor provides a strong draw for shoppers, further enhancing the potential for success. This is an exceptional opportunity to establish or expand your retail presence in a vibrant and accessible location within Athens, Alabama. Don't miss out on this chance to secure a space in a high-traffic, well-positioned shopping center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,650,000
- 6.5%
- $2,715,000
- 7%
- $2,630,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,695,000
- Geo Method
- $2,500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,945,000
- Retail
- $2,350,000
- Mixed-Use
- $2,550,000
- Hospitality
- $3,080,000
- Educational
- $2,455,000
- Residential Income
- $2,560,000
- Energy
- $2,890,000
- Income-Based Land
- $2,990,000
- Food Service
- $3,020,000
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Limestone
- State
- Alabama
- Longitude
- -86.9734
- Latitude
- 34.7962
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
