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Property profile & analytics
OFF-MARKET Estimated value $600,000
Community centers

1021 Us Hwy 431 Anniston, AL 36206-1970

25,000 SF 3.67 ac lot Built 1987
Entity Owned 6-yr Hold Free & Clear
Property ID
US03-1266425
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1987
Construction METAL FRAME
Total area 25,000 SF
Lot 3.67 ac (159,778 SF)
APN 18-04-19-4-001-002.001
UPID US03-1266425
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
  • Happy Hour Comedy Club Nightclub Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$562k
Blend (final) Blend
$600k
Owner & transaction history
Noble Investments LLC · 6 yrs held
Noble Investments LLC
since 2020
Last sale
$595,000
1 recorded transaction
2020
$595,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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