513 Kirkland St Abbeville, AL 36310
- Banks
- 3,334 SF
- 1.49 lot acres
Current Use by Public Records
- Banks
Property Details for 513 Kirkland St
- Year built
- 1991
- Lot size
- 1.49 lot acres
- Property size
- 3,334 SF
- Property type
- Banks
- APN
- 37-10-04-20-3-001-010.000
- APU
- 371004203001010000
Description
This exceptional commercial property, situated on a generous two-acre lot in Abbeville's thriving business district, presents a unique investment opportunity. Previously occupied by Wells Fargo Bank, the building boasts a highly desirable layout perfectly suited for financial institutions or adaptable for a wide range of businesses. Key features include two convenient drive-thru banking lanes, a dedicated ATM lane, and ample parking accommodating 27 vehicles. The interior comprises a spacious lobby area, three or four private offices (depending on configuration needs), substantial storage space, and a dedicated mop room. The property's functionality is further enhanced by the recent replacement of both HVAC units within the last three years, ensuring efficient and cost-effective climate control. Its prime location and versatile design make this property an ideal choice for entrepreneurs seeking a ready-to-occupy space or investors looking for a strong return. The building's history as a successful bank provides a solid foundation for continued success, while its adaptable layout allows for creative customization to suit a variety of commercial ventures. The expansive parking area ensures convenient access for customers and employees alike. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a vibrant Alabama community. The asking price is $475,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,040,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $920,000
- 6.5%
- $900,000
- 7%
- $880,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $920,000
- Geo Method
- $880,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $865,000
- Retail
- $990,000
- Mixed-Use
- $895,000
- Hospitality
- $855,000
- Educational
- $930,000
- Residential Income
- $880,000
- Energy
- $930,000
- Income-Based Land
- $815,000
- Food Service
- $975,000
Location Insight
- Map
- Local Demand
- City
- Abbeville
- County
- Henry
- State
- Alabama
- Longitude
- -85.2519
- Latitude
- 31.5619
- CBSA code
- 20020
- CBSA name
- DOTHAN, AL METROPOLITAN STATISTICAL AREA