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Property profile & analytics
OFF-MARKET
Office buildings

1122 Main St Roanoke, AL 36274-1323

1,000 SF Built 1989
Individually Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US03-2184121
Property summary
AI-generated overview

This 1,000 square foot commercial property is ideally situated on Main Street in Roanoke, Alabama. Its location offers excellent visibility and accessibility, placing it within close proximity to the historic downtown district. The property is being sold "AS IS," presenting a unique opportunity for buyers to customize the space to perfectly suit their business needs. The building's quaint and quiet atmosphere provides a welcoming environment for customers and employees alike, while still benefiting from the vibrancy of the nearby historic district. This makes it an attractive option for a wide range of businesses seeking a well-located, adaptable space. The property sits on a 0-acre lot, offering minimal outdoor space but maximizing the potential for interior development. The asking price of $75,000 represents a compelling investment opportunity for entrepreneurs and business owners looking to establish a presence in a desirable area of Roanoke. The property's "AS IS" condition allows for creative renovation and customization, enabling buyers to tailor the space to their specific business requirements and brand identity. This presents a chance to create a unique and functional commercial space in a charming and convenient location. Serious inquiries are encouraged to explore this promising opportunity further.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction BRICK
Total area 1,000 SF
APN 56 16 07 35 2 009 006.000
UPID US03-2184121
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
Jonnie W Wilbanks · 17 yrs held
Jonnie W Wilbanks
since 2008
1 recorded transaction
2008
$70,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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