16 Morton Rd Anniston, AL 36205
For Sale
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This exceptional 57,200 square foot special purpose property, located at 16 Morton Rd, Anniston, Alabama 36205, presents a unique investment opportunity. The property, formerly Sacred Heart School, is situated on a spacious 22.82-acre lot and boasts a comprehensive campus setting. Ideal for a variety of uses, the facility includes approximately 26 classrooms, a fully equipped cafeteria and kitchen, a library, and a chapel. Athletic fields are also present on the grounds. The school underwent renovations in 1996, ensuring a well-maintained structure. The asking price is $1,500,000, translating to $43.71 per square foot. This prime location offers convenient access to Anniston's retail corridor, with proximity to a Walmart Supercenter. The campus is easily accessible via Shipley Road and McClellan Boulevard. The property's expansive grounds offer potential for future expansion, making it an attractive prospect for both educational and other commercial ventures. Its history as an elementary and middle school campus on the former Fort McClellan base adds to its unique character and potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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