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Property profile & analytics
FOR SALE
Investment properties

1230 Noble St Anniston, AL 36201

14,277 SF 0.17 ac lot Built 1907
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US03-1383474
Property summary
AI-generated overview

This 14,277 square foot, two-story Victorian-era building, located at 1230 Noble Street in Anniston, Alabama, presents a unique redevelopment opportunity. Originally constructed in 1907 as Rainwater's Furniture Store, the property retains much of its original architectural design and is listed on the Historic Registry. Situated on a 0.17-acre lot within Anniston's Historic District, this mixed-use, special purpose property offers prominent corner visibility and storefront windows. Currently vacant, the building requires extensive renovations and is being sold "AS IS." The property is zoned for Urban Core use and presents potential for significant tax credits at the federal and state levels. The asking price is $125,000, translating to $8.76 per square foot. This Class D building offers a substantial footprint for a variety of adaptive reuse projects. The property's rich history and prime location make it an attractive investment for owner-users seeking a unique redevelopment project in a vibrant historic district. The building's APN is 2103064006028.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1907
Construction BRICK
Total area 14,277 SF
Lot 0.17 ac (7,405 SF)
APN 21-03-06-4-006-028.000
UPID US03-1383474
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
Current use
Occupant on record · Public records
  • Trinity Ceramics Gifts and More Department Store
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
Edgefield Commercial Properties LLC · 3 yrs held
Edgefield Commercial Properties LLC
since 2022
2 recorded transactions
2022
$168,959
2008
$125,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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