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Property profile & analytics
OFF-MARKET
Office Spaces

206 3rd E Ave Oneonta, AL 35121-1721

2,590 SF 0.16 ac lot Built 1977
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US03-1209465
Property summary
AI-generated overview

This stunning, completely renovated office building is ideally situated in the heart of Oneonta, Alabama. Located directly behind the Blount County Courthouse and adjacent to City Hall, this property boasts unparalleled visibility and accessibility. The 2017 renovation encompassed a complete overhaul, including a new roof, HVAC system, plumbing, and electrical work. The interior features high nine-foot ceilings, new hardwood laminate flooring, and designer paint throughout. The building offers ample space, including a large executive office showcasing two exquisite antique stained-glass windows of European origin (circa 1880s). Three additional separate offices provide flexibility for various needs. A spacious conference room, complete with a decorative fireplace, built-in cabinetry, and a compact refrigerator, offers a sophisticated setting for meetings. A bonus room on the garage level could serve as a fifth office or additional conference space. Other key features include a large file room, a substantial utility room, and a generously sized kitchen equipped with ample cabinetry and a refrigerator, perfect for employee breaks or meals. The property also includes a one-car garage and a paved private parking lot, along with a convenient deck for outdoor breaks. This exceptional property presents a rare opportunity to acquire a meticulously maintained and highly desirable office building in a prime downtown location. The 0.02-acre lot ensures convenient access and ample parking. The asking price is $495,000.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1977
Total area 2,590 SF
Lot 0.16 ac (7,110 SF)
Zoning code 4
APN 16-09-31-3-002-024
UPID US03-1209465
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
Edward J Berry · 9 yrs held
Edward J Berry
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
4 · Oneonta, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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