120 Wesley N Ave Cullman, AL 35058-1474
- Investment properties
- 11,020 SF
- 1.60 lot acres
Current Use by Public Records
- FedEx OnSite / Mailing Service
- Redbox / Movie Rental Store / Movie Rental Kiosk
- Western Union / Money Transfer Service
- DG Market / Seasonal Goods Store / Variety Store
Property Details for 120 Wesley N Ave
- Year built
- 2010
- Lot size
- 1.60 lot acres
- Property size
- 11,020 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 11-04-19-0-001-011.001
- APU
- 1104190001011001
Description
This exceptional investment opportunity presents a 0.87-acre commercial land parcel in Cullman, Alabama, situated adjacent to a Dollar General Market at 120 Wesley Ave N. The property is ideally located near the signalized intersection of AL-69 and Wesley Ave N, boasting combined daily traffic counts of approximately 7,717 vehicles. This high-traffic area is further enhanced by the proximity of other established businesses including Dollar Tree, Family Dollar, a fire station, Fuel City, and Chesley Oaks Golf Course. The property benefits from strong demographics, with a 10-mile radius encompassing approximately 36,391 residents and an average household income of approximately $81,357. Significant population growth is projected, with a 5% increase observed from 2020-2024 and an anticipated 8.18% future growth within a 5-mile radius. The flexible zoning allows for a variety of general commercial uses. This is an absolute $1 auction with no reserve, scheduled for December 9-11, 2024. The property is offered fee simple. Cullman's strategic location along Interstate 65, midway between Birmingham and Huntsville, provides excellent access to major transportation routes. This makes it an attractive location for businesses and industries, solidifying its position as a key logistical hub. The absence of a zoning ordinance in Cullman County and the town of Fairview offers considerable flexibility for development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cullman
- County
- Cullman
- State
- Alabama
- Longitude
- -86.6827
- Latitude
- 34.2474
- CBSA code
- 18980
- CBSA name
- CULLMAN, AL MICROPOLITAN STATISTICAL AREA