2015 Us Highway 72 Athens, AL 35611
- Retail properties
- 14,260 SF
- 2.10 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2015 Us Highway 72
- Year built
- 1963
- Lot size
- 2.10 lot acres
- Property size
- 14,260 SF
- Property type
- Retail properties
- APN
- 1004182001016000
- APU
- 1004182001016000
Description
This exceptional Class A retail space, located at 100 Park Avenue on the southwest corner of East 41st Street in New York County, offers unparalleled visibility and accessibility. The property totals 8,965 square feet, currently entirely vacant and available for lease as two separate suites. One suite offers a minimum of 3,426 square feet, while the maximum contiguous space available is 5,539 square feet. This highly desirable location sits at the base of a 907,000 square foot Class A office tower, ensuring a constant flow of potential customers. The space previously housed a bank and more recently Willner Chemists, and benefits from features ideal for a variety of uses, including food and beverage establishments. Key features include multiple egresses, selling lower level and mezzanine areas, interior elevators, and expansive ceiling heights. The prominent corner location provides exceptional street exposure, and the potential for sidewalk seating adds to its appeal. This is a rare opportunity to secure a prime retail space in the heart of Midtown Manhattan. The property is open to all uses, making it an ideal location for a variety of businesses seeking high visibility and foot traffic.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $950,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,175,000
- 6.5%
- $990,000
- 7%
- $965,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,010,000
- Geo Method
- $1,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $960,000
- Retail
- $1,015,000
- Mixed-Use
- $960,000
- Hospitality
- $1,030,000
- Educational
- $935,000
- Residential Income
- $1,160,000
- Energy
- $960,000
- Income-Based Land
- $980,000
- Food Service
- $1,045,000
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Limestone
- State
- Alabama
- Longitude
- -87.0005
- Latitude
- 34.7903
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
