1021 Us Highway 431 Anniston, AL 36206
- Community centers
- 25,000 SF
- 3.67 lot acres
Current Use by Public Records
- Happy Hour Comedy Club / Pool Hall / Restaurant
Property Details for 1021 Us Highway 431
- Year built
- 1987
- Construction
- METAL FRAME
- Lot size
- 3.67 lot acres
- Property size
- 25,000 SF
- Property type
- Community centers
- APN
- 18-04-19-4-001-002.001
- APU
- 1804194001002001
Description
This exceptional retail space, located at 1021 US HWY 431 North in Anniston, Alabama, presents a unique investment opportunity. The property, known as Lagarde Plaza Shopping Center, offers a total of 1,250 square feet of space, currently entirely vacant and ready for immediate occupancy. The building is classified as both retail and office space, providing flexibility for a variety of potential uses. Situated in Calhoun County, this property benefits from high visibility along a major thoroughfare, ensuring excellent exposure to a substantial customer base. The 1,250 square feet provides ample room for a single tenant or the potential for subdivision (subject to approval). The address is easily accessible, offering convenient parking for customers and employees. This is an ideal location for businesses seeking a prominent presence in a thriving community. The property's versatile nature makes it suitable for a wide range of retail or office businesses. The entire space is available for lease, presenting a rare opportunity to establish a strong foothold in this desirable Anniston location. The zip code is 36206. This property is a blank canvas, ready for a new business to flourish. Serious inquiries are encouraged to explore this exceptional retail opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $730,000
- 6.5%
- $660,000
- 7%
- $705,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $770,000
- Geo Method
- $625,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $750,000
- Retail
- $700,000
- Mixed-Use
- $680,000
- Hospitality
- $595,000
- Educational
- $610,000
- Residential Income
- $780,000
- Energy
- $685,000
- Income-Based Land
- $590,000
- Food Service
- $650,000
Location Insight
- Map
- Local Demand
- City
- Anniston
- County
- Calhoun
- State
- Alabama
- Longitude
- -85.8328
- Latitude
- 33.7055
- CBSA code
- 11500
- CBSA name
- ANNISTON-OXFORD, AL METROPOLITAN STATISTICAL AREA