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    FOR SALE
    Banks

    1471 Highway 72, Killen, AL 35645

    2,658 SF 0.5 ac lot Built 1979
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US03-0853139
    Property summary
    AI-generated overview

    This exceptional 2,658 square foot commercial property, located at 1471 Hwy 72 in Killen, Alabama, presents a unique investment opportunity. Situated on a half-acre lot, the building boasts a rich history, originally constructed as a bank and later adapted for use as a jewelry store. Key features include a fully intact bank vault, a convenient drive-thru window, and ample space adaptable to a variety of commercial uses. The high-traffic location on Highway 72 ensures excellent visibility and accessibility for potential customers. The property's versatile layout makes it ideal for a range of businesses, including a return to its banking roots, a jewelry store, general office space, or even a restaurant. The existing infrastructure, including the secure vault and drive-thru, offers significant advantages and cost savings for prospective buyers. The building's solid construction and prime location combine to create a compelling investment opportunity with strong potential for future growth and profitability. The asking price is $689,000. Serious inquiries are encouraged to explore the possibilities of this remarkable commercial property. Don't miss this chance to acquire a well-established building with significant potential in a thriving location.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1979
    Total area 2,658 SF
    Lot 0.5 ac (21,780 SF)
    Zoning code 5
    APN 16-06-24-3-002-005-001
    UPID US03-0853139
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Valley Credit Union · 1 yrs held
    Valley Credit Union
    since 2024
    Last sale
    $629,000
    3 recorded transactions
    2024
    $629,000
    2022
    2019
    $325,000
    Zoning & alternative use
    5 · Killen, AL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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