113 Hart Ave Opp, AL 36467-2136
- Banks
- 6,146 SF
- 0.28 lot acres
Current Use by Public Records
- BB&T Insurance Services / Insurance Agency
Property Details for 113 Hart Ave
- Year built
- 1965
- Lot size
- 0.28 lot acres
- Property size
- 6,146 SF
- Property type
- Banks
- APN
- 23-11-08-28-3-301-065.000
- APU
- 231108283301065000
Description
This exceptional 6,700-square-foot executive office building, located at 113 E Hart Ave in Opp, Alabama (zip code 36467), is a remarkable opportunity for a variety of businesses. Previously occupied by a major regional bank, this property offers a fully functional, ready-to-occupy space. The building's design features two floors, each approximately 3,350 square feet. A secure vestibule provides access to the second floor, making it ideal for multiple tenants or departments. The 0.55-acre lot provides ample space and parking. The building's location in Opp, Covington County, Alabama, offers excellent visibility and accessibility. The area boasts a strong financial sector, with several established banks including Wells Fargo, Southern Independent Bank, CCB Community Bank, Opp-Micolas Credit Union, and Army Aviation Center Federal Credit Union nearby. This property's versatility makes it suitable for a range of uses, including but not limited to financial institutions, professional services firms, healthcare providers, and retail businesses. The asking price for this turnkey property is $525,000. Lease options are also available. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving Alabama community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $200,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $245,000
- Mixed-Use
- $230,000
- Hospitality
- $195,000
- Educational
- $220,000
- Residential Income
- $205,000
- Energy
- $205,000
- Income-Based Land
- $250,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Opp
- County
- Covington
- State
- Alabama
- Longitude
- -86.2543
- Latitude
- 31.2829