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Property profile & analytics
OFF-MARKET
Commercial real estate

127 Mckinnon St New Brockton, AL 36351-7527

1,800 SF 0.08 ac lot Built 1920
Individually Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US03-1686689
Property summary
AI-generated overview

This exceptional 1,800 square foot warehouse, located at 127 W McKinnon Street in New Brockton, Alabama, presents a fantastic investment opportunity. Currently vacant, this single-story building sits on a lot ranging from 1,800 to 1,900 square feet, offering ample space for various commercial uses. The property is classified as both industrial and commercial, making it suitable for a wide range of businesses. The warehouse features one loading dock, providing convenient access for loading and unloading goods. There are no dock-high doors. The asking price for this ready-to-occupy property is $189,000. The property's convenient location in New Brockton, Coffee County, Alabama (zip code 36351) offers easy access to local transportation routes and amenities. This is a single-unit building, ideal for a small business or entrepreneur seeking a functional and affordable space. The property's versatility and attractive price point make it an excellent choice for investors seeking a strong return on investment. The property is zoned for commercial use. Serious inquiries are encouraged to explore this promising opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 1,800 SF
Lot 0.08 ac (3,374 SF)
APN 1005224003063000
UPID US03-1686689
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
  • Bistro 127 Restaurant
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
Brian Peterson · 6 yrs held
Brian Peterson
since 2020
Last sale
$14,000
3 recorded transactions
2020
$14,000
2020
$22,560
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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