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    FOR SALE
    Commercial real estate

    17435 Highway 11 N, Vance, AL 35453

    5.5 ac lot Built 2003
    Individually Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US03-0451031
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 17435 Highway 11 N in Vance, Alabama, presents a compelling investment opportunity. Boasting a substantial 261,359 square feet of space on a generous 6-acre lot, this property offers significant development potential. Its strategic location, just minutes from the Mercedes-Benz facility, ensures high visibility and accessibility. The expansive site includes a large fenced area, providing ample security and flexibility for various uses. The property's flat terrain further enhances its suitability for development projects, minimizing site preparation costs and complexities. The existing building offers significant space for immediate use or potential redevelopment, catering to a wide range of commercial ventures. Given its size, location, and development-ready characteristics, this property represents a rare chance to acquire a significant commercial asset in a thriving area with strong growth prospects. The asking price of $1,624,300 reflects the property's considerable value and potential for substantial returns. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2003
    Lot 5.5 ac (239,580 SF)
    APN 28-08-33-0-000-056.001
    UPID US03-0451031
    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
    Boyd Helen E (life Estate) · 8 yrs held
    Boyd Helen E (life Estate)
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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