Technical
Financial
Distress signals
Property profile

1401 Fairview Ave Prattville, AL 36066

FOR SALE
Office buildings
Property ID
US03-2994927
3,592 SF 8 ac lot Built 1890
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3.02-acre commercial land parcel presents a unique investment opportunity in Prattville, Alabama. Situated on Fairview Avenue, a major thoroughfare, this highly visible lot benefits from its location within Prattville's rapidly expanding commercial corridor. The property's strategic position places it within minutes of major retailers including Target, Home Depot, Lowe's, Books-A-Million, Starbucks, Publix, and Bass Pro Shops, ensuring high traffic and visibility. Its proximity to a popular golf destination further enhances its appeal, drawing significant attention to the area. The surrounding area is experiencing substantial growth, with a high density of new homes and businesses within a one-mile radius. Convenient access to Interstate 65 is another key advantage, with the property located just 0.6 miles from the second Prattville exit. Cobbs Ford Road is also easily accessible, situated only 2.0 miles away. This property is offered at an asking price of $399,000 and presents a compelling opportunity for developers and investors seeking a prime location in a thriving market. The property is zoned for commercial use (verification required). The address is 1401 Fairview Ave, Prattville, AL 36066.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1890
Construction WOOD
Total area 3,592 SF
Lot 8 ac (348,480 SF)
APN 19-01-02-2-000-002.002
UPID US03-2994927

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

1401 Fairview Ave Prattville, AL 36066
Prattville metro Census 20804 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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