Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    236 Headquarters Rd Anniston, AL 36205

    • Office buildings
    • 16,528 SF
    • 2.30 lot acres
    For Sale
    View listing
    $750,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0300727
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 236 Headquarters Rd

    Year built
    1933
    Construction
    CONCRETE
    Lot size
    2.30 lot acres
    Property size
    16,528 SF
    Property type
    Office buildings
    APN
    18-05-21-1-001-001.000
    APU
    1805211001001000

    Description

    This exceptional redevelopment opportunity presents the Patton Center, a vacant, three-story office building totaling 16,528 square feet situated on a 2.29-acre lot in Anniston, Alabama. Built in 1933, this property boasts a prime location within a designated Opportunity Zone and Historic District, offering significant financial incentives and Historic Tax Credits for qualified investors. Recent improvements include a new elevator, adding to the building's value and functionality. The property's address is 236 Headquarters Rd, Anniston, AL 36205, and its APN is 18-05-21-1-001-001.000. The building's strategic location within the former Fort McClellan, now a thriving 10,000-acre master-planned community, provides access to numerous amenities, including an 18-hole golf course, aquatic center, and extensive recreational trails. The surrounding area features ongoing redevelopment projects, further enhancing the investment potential. This unique property offers a chance to acquire a piece of history while capitalizing on substantial financial benefits and the vibrant growth of the McClellan community. The asking price for this significant investment is $750,000. The property is currently vacant, allowing for complete customization and redevelopment to suit the buyer's vision. This is a rare opportunity to acquire a substantial property in a rapidly developing area with significant upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $761,000
      Market price range: $761k - $2.05M
      AI Estimate
      $802,000
      Market price range: $761k - $2.46M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Anniston
    County
    Calhoun
    State
    Alabama
    Longitude
    -85.7967
    Latitude
    33.716
    CBSA code
    11500
    CBSA name
    ANNISTON-OXFORD, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $353
    $4,980
    $132,052
    $137,032
    -
    $24,900
    $660,260
    $685,160

    Comparable in this City

    • Value Estimation by Request
      3,960 SF

      Pappy Dunn Blvd

      OFFICE BUILDING • 3,960 SF
      Pappy Dunn Blvd, Anniston, AL 36205
      View Details
    • Value Estimation
      $1,655,000
      46,348 SF

      99 Symphony Way

      OFFICE BUILDING • 46,348 SF
      99 Symphony Way, Anniston, AL 36205-3806
      View Details
    • Value Estimation
      $1,515,000
      22,716 SF

      412 Buckner Dr

      OFFICE BUILDING • 22,716 SF
      412 Buckner Dr, Anniston, AL 36205-4421
      View Details
    • Value Estimation by Request
      1,500 SF

      4975 Bains Gap Rd

      OFFICE BUILDING • 1,500 SF
      4975 Bains Gap Rd, Anniston, AL 36205-4500
      View Details
    • Value Estimation
      $725,000
      7,128 SF

      25 Summerall Gate Rd

      OFFICE BUILDING • 7,128 SF
      25 Summerall Gate Rd, Anniston, AL 36205-3924
      View Details
    • Value Estimation by Request
      6,443 SF

      550 Powers Ave

      OFFICE BUILDING • 6,443 SF
      550 Powers Ave, Anniston, AL 36205-4400
      View Details

    Similar Nearby for Sale

    • $399,900
      0.83 Acres

      ALEXANDRIA Office Building on Highway

      Highly visible commercial property with excellent road frontage and accessibility.
      8385 Al Highway 144, Alexandria, AL 36205
      View Details
    • $750,000
      16,528 SF

      Patton Center: Redevelopment Opportunity

      Historic Anniston Office Building, Huge Potential
      236 Headquarters Rd, Anniston, AL 36205
      View Details
    • $450,000
      10,710 SF

      Anniston Warehouse Redevelopment

      10,710 SF Mixed-Use Opportunity
      415 Symphony Way, Anniston, AL 36205
      View Details
    • $249,000
      1.00 Acre

      Versatile Commercial Building Near I-20

      Nearly 10,000 sq ft building with high visibility.
      9 Derby St, Anniston, AL 36205
      View Details
    • $3,000,000
      174,700 SF

      Anniston, AL Redevelopment Opportunity

      174,700 SF, 5-Building Complex, 10 Acres
      180 Headquarters Rd, Anniston, AL 36205
      View Details
    • $1,500,000
      57,265 SF

      Anniston School Campus - For Sale

      Prime 57,265 SF School, 22 Acres
      16 Morton Rd, Anniston, AL 36205
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    236 Headquarters Rd
    Anniston, AL 36205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.