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Property profile & analytics
OFF-MARKET
Office Spaces

1229 Hwy 72nd E Tuscumbia, AL 35674-4565

2,610 SF 1.24 ac lot Built 2000
Individually Owned Absentee Owner Free & Clear
Property ID
US03-2497501
Property summary
AI-generated overview

This exceptional 10.37-acre commercial land parcel presents a prime development opportunity in Tuscumbia, Alabama. Strategically located within city limits along Highway 72 East, this property boasts over 700 feet of frontage on this four-lane highway, ensuring high visibility and accessibility. The "Shoals Development Tract," as it's known, is zoned for industrial and business-only uses, offering considerable flexibility for a wide range of commercial ventures. Its expansive size allows for substantial development potential, catering to various project scales and requirements. The address is 1229 Hwy 72 East, Tuscumbia, AL 35674, within Colbert County. This location provides easy access to regional transportation networks, making it an attractive site for businesses seeking efficient logistics and distribution capabilities. The asking price for this remarkable property is $559,000. Given its size, location, and zoning, this tract represents a significant investment opportunity with considerable long-term growth potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2000
Construction WOOD
Total area 2,610 SF
Lot 1.24 ac (54,014 SF)
APN 13-02-10-3-003-013.002
UPID US03-2497501
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
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Comparable Approach Comparable
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Owner & transaction history
ELTON R COLEY
ELTON R COLEY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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