Technical
Financial
Distress signals
Property profile

100 Symphony Way Anniston, AL 36205

FOR SALE
Office buildings
Property ID
US03-1820266
8,016 SF 4.7 ac lot Built 1950
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property in Anniston, Alabama, presents a unique investment opportunity. Located on a 4.7-acre lot at 100 Symphony Way (APN 18-05-15-3-003-001.000), this 8,646 square foot facility ($341.20/sq ft) was redeveloped in 2019. The property includes a full-service restaurant and bar, complemented by a state-of-the-art, eight-court collegiate sand volleyball venue with lighting and spectator areas. Currently hosting Jacksonville State University volleyball teams and various leagues and tournaments, the venue boasts a large indoor dining area with glass roll-up doors seamlessly connecting to an expansive outdoor patio, perfect for events and gatherings. The property's versatility extends to its location at the entrance to the McClellan Industrial Village, a developing area featuring 302 residential units and 12,000 square feet of retail space. This location offers significant potential for growth and increased revenue streams. The property is situated in an opportunity zone and qualifies for State and Federal Historic Tax Credits, providing substantial financial incentives. Owner financing is available. This is a rare chance to acquire a thriving business with significant upside potential in a rapidly developing area. The property is a single unit, and the asking price is $2,950,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Total area 8,016 SF
Lot 4.7 ac (204,776 SF)
APN 18-05-15-3-003-001.000
UPID US03-1820266

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

100 Symphony Way Anniston, AL 36205
Anniston metro Census 700 ANNISTON-OXFORD, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.02M
Comparable Approach Comparable
$865k
Blend (final) Blend
$285k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $660,000 +12.3%
Warehouse, storage $615,000 +4.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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