12883 Hwy 231st 431st N Hazel Green, AL 35750-8629
- Automotive properties
- 1,044 SF
- 0.46 lot acres
Current Use by Public Records
- Automotive properties
Property Details for 12883 Hwy 231st 431st N
- Year built
- 2003
- Lot size
- 0.46 lot acres
- Property size
- 1,044 SF
- Property type
- Automotive properties
- APN
- 08-03-06-0-000-003.015
- APU
- 803060000003015
Description
This exceptional commercial property in Hazel Green, Alabama, presents a unique investment opportunity. Located at 12883 Hwy 231 431 N, this 0.46-acre lot features two buildings totaling 4,300 square feet. The main structure boasts a charming rustic, fully finished 944 square foot office space with a log cabin aesthetic and a large covered porch. This connects via a finished breezeway to a 3,000 square foot warehouse. The office area includes a spacious open area, a private office, bathroom, and closet. The warehouse features an office, kitchen, and bathroom on either side of a hallway leading to a large open warehouse space with 10-foot ceilings and a 12-foot wide garage door opening to a drive-up loading dock with a sloped ramp. A mezzanine level provides additional 59' x 11' of finished space ideal for storage or office expansion. The property also includes a 10' x 13' detached shed with an 8.5-foot wide garage door. The entire property is secured by a fence and automatic security gate. Utilities are on-site, with septic instead of sewer. This property is part of the Jacobs Landing commercial subdivision, subject to restrictive covenants recorded in May 1997 to ensure uniform development. The property's APN is 08-03-06-0-000-003.015. The asking price is $82,800. Further details are available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $305,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $270,000
- Retail
- $315,000
- Mixed-Use
- $265,000
- Hospitality
- $345,000
- Educational
- $325,000
- Residential Income
- $270,000
- Energy
- $325,000
- Income-Based Land
- $340,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Hazel Green
- County
- Madison
- State
- Alabama
- Longitude
- -86.5702
- Latitude
- 34.8887
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA