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Property profile & analytics
OFF-MARKET
Office Spaces

111 Chalkville Rd Trussville, AL 35173-1341

2,240 SF 0.28 ac lot Built 1960
Individually Owned 2-yr Hold Free & Clear
Property ID
US03-0438434
Property summary
AI-generated overview

This exceptional 0.6-acre commercial land parcel presents a unique redevelopment opportunity in Trussville, Alabama. Located at 111 S Chalkville Rd, 35173, this property boasts a highly visible location directly across from the burgeoning Downtown Entertainment District, ensuring significant foot and vehicle traffic. Previously occupied by a national fast-food chain, the site has been cleared, providing a blank canvas for new construction. The property is zoned for commercial use and offers a single-tenant configuration. Its 0.6-acre size allows for substantial development potential, catering to a variety of commercial ventures. This offering is exclusively for a ground lease arrangement. The property's strategic location and cleared status make it an attractive investment for businesses seeking high visibility and convenient access to a thriving entertainment district. The site's history as a successful fast-food location speaks to its strong potential for future commercial success. Interested parties are encouraged to explore the possibilities this prime Trussville location offers. This is a ground lease only opportunity.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1960
Total area 2,240 SF
Lot 0.28 ac (12,000 SF)
Zoning code C2
APN 12-00-23-4-010-016.000
UPID US03-0438434
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
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
Raymond Eugene Ennis · 2 yrs held
Raymond Eugene Ennis
since 2024
7 recorded transactions
2024
Price N/A
2020
Price N/A
2018
$1.0M
2018
Price N/A
2017
$200,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Trussville, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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