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Property profile & analytics
FOR SALE
Schools

16 Morton Rd Anniston, AL 36205

57,200 SF 22.82 ac lot
Property ID
US03-1086047
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Schools
Total area 57,200 SF
Lot 22.82 ac (994,039 SF)
UPID US03-1086047
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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