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Property profile & analytics
OFF-MARKET
Investment properties

212 1st E Ave Oneonta, AL 35121-1734

2,300 SF 0.07 ac lot Built 1935
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US03-1104380
Property summary
AI-generated overview

This exceptional investment opportunity presents two historic buildings located at 212 1st Avenue in the vibrant heart of downtown Oneonta, Alabama. Currently configured as a pharmacy and soda shop, these buildings offer immense potential for a variety of uses, including restaurants, retail spaces, and more. The sale includes all existing fixtures and equipment, ensuring a smooth transition for the new owner. Recent updates have been made to the property, details of which are available in the provided documentation. The high visibility location boasts excellent street and foot traffic, guaranteeing significant exposure for any business. The second level of the building features original hardwood floors and recently updated windows, providing a blank canvas for creative development. This expansive space offers ample opportunity for expansion or the creation of unique additional space. This is a rare chance to own a piece of Oneonta's rich history and be a part of its exciting growth trajectory. The property is offered at $375,000. The lot size is 0 acres. The square footage is not specified. Serious inquiries are encouraged to explore this remarkable opportunity further.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1935
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,300 SF
Lot 0.07 ac (3,000 SF)
Zoning code 4
APN 16-09-31-3-002-064
UPID US03-1104380
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
Kevin Kingsley · 4 yrs held
Kevin Kingsley
since 2022
Last sale
$200,000
1 recorded transaction
2022
$200,000
Zoning & alternative use
4 · Oneonta, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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