Property profile

206 3rd E Ave Oneonta, AL 35121

OFF-MARKET
Office Spaces
Property ID
US03-1209465
2,590 SF 0.16 ac lot Built 1977
Individually Owned 9-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Law Firm
  • Land Surveyor
  • Land Surveyor
  • City Courthouse

Location

206 3rd E Ave Oneonta, AL 35121-1721
Oneonta metro Census 50104 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

4 · Oneonta, AL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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