925 Old Fort Rd Fort Deposit, AL 36032
- Grocery and convenience stores
- 2,015 SF
- 6.13 lot acres
Current Use by Public Records
- ATM / Atm
- Wiregrass Auto Brokers of Fort Deposit / Car Dealer
Property Details for 925 Old Fort Rd
- Year built
- 1980
- Lot size
- 6.13 lot acres
- Property size
- 2,015 SF
- Property type
- Grocery and convenience stores
- APN
- 45 26 07 26 0 000 002.030
- APU
- 452607260000002030
Description
This exceptional 1.25-acre retail land parcel presents a prime opportunity for commercial development in Fort Deposit, Alabama. Located at 925 Old Fort Rd E, this property boasts over 240 feet of frontage on Old Fort Road East, ensuring high visibility and accessibility. Currently occupied by a gas station, the site is ideally suited for a convenience store or fast-food establishment. Its strategic location offers significant advantages: it sits directly opposite Priester's Pecans main facility, benefiting from existing foot and vehicle traffic. Furthermore, the property enjoys proximity to the rapidly expanding Hope Hull area and is conveniently located near I-65 at Highway 185 via Exit 142. All city utilities are available, simplifying the development process. The asking price for this exceptional commercial land is $650,000. This is a rare chance to acquire a well-positioned property in a growing market with significant potential for return on investment. The property is zoned for retail use and offers a unique opportunity for businesses seeking high visibility and convenient access to major transportation routes. Don't miss this chance to secure a thriving commercial location in a desirable area of Alabama. The property is situated in Lowndes County, Alabama, with a zip code of 36032.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $190,000
- 7%
- $175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $175,000
- Geo Method
- $210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $190,000
- Retail
- $205,000
- Mixed-Use
- $185,000
- Hospitality
- $215,000
- Educational
- $195,000
- Residential Income
- $180,000
- Energy
- $220,000
- Income-Based Land
- $230,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Fort Deposit
- County
- Lowndes
- State
- Alabama
- Longitude
- -86.5281
- Latitude
- 31.9839
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA