Technical
Financial
Distress signals
Property profile

1032 Boll Weevil Cir Enterprise, AL 36330

FOR SALE
Strip malls
Property ID
US03-1778749
26,125 SF 9.35 ac lot Built 1987
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents remaining outparcels within the newly renovated Dauphin Plaza Shopping Center in Enterprise, Alabama. The center boasts 86,260 square feet and sits on a 10.58-acre lot, offering high visibility and accessibility. Built in 1987 and extensively renovated in 2019, the property benefits from a strong tenant mix including Grocery Advantage, Dollar General, Little Caesar's Pizza, and Edward Jones. This strategic location is less than a third of a mile from Highway 84, which sees an average daily traffic count of approximately 19,300 vehicles, and is also conveniently located less than a mile from Main Street and approximately 8.8 miles from Fort Rucker Army Base. The property's proximity to major retailers such as Walmart Supercenter, Publix, and Lowe's further enhances its appeal. While lots 1 and 2 are sold, a significant 1.74-acre outparcel remains, ideally suited for hotel development. The property is zoned for commercial use, presenting a rare opportunity for investors seeking a high-traffic, well-established retail location in a thriving Alabama community. This is a chance to capitalize on a prime location with excellent visibility and a strong tenant base. The property's recent renovations ensure modern amenities and a well-maintained environment, attracting both tenants and customers. The remaining outparcel presents a unique opportunity for development in a high-demand area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Total area 26,125 SF
Lot 9.35 ac (407,459 SF)
APN 1602092002055000
UPID US03-1778749

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Nail Salon
  • Postal Service Courier Service
  • Clothing Store Children'S Clothing Store
  • Bank Credit Union

Location

1032 Boll Weevil Cir Enterprise, AL 36330
Enterprise metro Census 11203 ENTERPRISE-OZARK, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$675k

Owner & transaction history

since 2018
3 recorded transactions
2019
Price N/A
2018
Price N/A
2009
Price N/A

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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