1811 Broad Ave Lanett, AL 36863-3106
- Office buildings
- 1,428 SF
- 0.24 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1811 Broad Ave
- Year built
- 1920
- Lot size
- 0.24 lot acres
- Property size
- 1,428 SF
- Property type
- Office buildings
- APN
- 12-10-07-36-3-001-007.000
- APU
- 121007363001007000
Description
This exceptional industrial property, located at 1811 S BROAD Avenue in Lanett, Alabama, presents a unique investment opportunity. Situated on a conveniently sized 0.25-acre lot, this property offers significant potential for a variety of industrial uses. The property's address places it within easy reach of key transportation routes, facilitating efficient logistics and distribution. While the exact square footage is currently unavailable, the substantial lot size allows for ample space for building expansion or outdoor storage. The asking price of $249,900 represents a competitive entry point into the Lanett industrial market. This property is ideal for businesses seeking a strategic location with room to grow. Its prime location and competitive price make it an attractive prospect for entrepreneurs and established companies alike. The absence of specified square footage provides flexibility for potential buyers to tailor the space to their specific operational needs. This presents a rare chance to acquire a well-positioned industrial property in a thriving area. Serious inquiries are encouraged to explore the full potential of this promising investment. The property's location in Lanett, Alabama offers access to a skilled workforce and a supportive business environment. This makes it an attractive option for businesses looking to establish or expand their operations in a strategic location. The 0.25-acre lot provides ample space for development and customization, allowing for a tailored solution to meet specific business requirements. Don't miss this opportunity to acquire a valuable piece of industrial real estate in a rapidly developing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $130,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $105,000
- 6.5%
- $105,000
- 7%
- $110,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $110,000
- Geo Method
- $120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $115,000
- Retail
- $110,000
- Mixed-Use
- $115,000
- Hospitality
- $90,000
- Educational
- $105,000
- Residential Income
- $95,000
- Energy
- $115,000
- Income-Based Land
- $115,000
- Food Service
- $125,000
Location Insight
- Map
- Local Demand
- City
- Lanett
- County
- Chambers
- State
- Alabama
- Longitude
- -85.1902
- Latitude
- 32.8531
- CBSA code
- 29300
- CBSA name
- LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA
