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Property profile & analytics
OFF-MARKET
Drug stores

100 Alabama St Piedmont, AL 36272-1702

10,601 SF 0.25 ac lot Built 1961
Entity Owned Free & Clear
Property ID
US03-1357813
Property summary
AI-generated overview

This exceptional commercial property, located at 100 Alabama Street E in Piedmont, Alabama, presents a unique investment opportunity. The 10,500 square foot building sits on a 0.25-acre lot and offers versatile space suitable for a variety of commercial uses. Previously utilized as light industrial space and, before that, a grocery store, the building's adaptability makes it ideal for numerous businesses. The layout includes a welcoming reception area and dedicated office space upon entry. For added convenience and storage, a separate area in the rear of the building features a roll-up door, perfect for loading and unloading. A significant advantage is the convenient street access behind the building, providing a dedicated delivery area for efficient operations. The property's zoning allows for a wide range of commercial activities, making it an attractive prospect for entrepreneurs and investors alike. For businesses requiring even more space, an adjacent building is also available for purchase, offering significant expansion potential. This prime Piedmont location provides excellent visibility and accessibility, making it an ideal choice for a thriving commercial enterprise. The asking price for this versatile property is $109,900.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1961
Construction STONE
Total area 10,601 SF
Lot 0.25 ac (11,064 SF)
APN 09-03-05-3-001-004.000
UPID US03-1357813
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
Current use
Occupant on record · Public records
  • Ladiga Outlet Big Box & Wholesale Store
  • Ladiga Sportswear Clothing Store Entertainment And Recreation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
LADIGA SPORTSWEAR INC
LADIGA SPORTSWEAR INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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