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Property profile & analytics
OFF-MARKET
Retail space

23041 John T Reid Pkwy Scottsboro, AL 35768-3047

44,051 SF 2.96 ac lot Built 1982
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US03-1976069
Property summary
AI-generated overview

This exceptional 6.98-acre commercial land parcel presents a remarkable investment opportunity in Scottsboro, Alabama. Located at 23041 John T Reid Pkwy, this property boasts a highly desirable C4 - Regional Commercial zoning designation, making it ideal for a diverse range of commercial developments. Situated directly off Scottsboro's main thoroughfare, the site benefits from exceptional visibility and high traffic counts, ensuring maximum exposure for any future business. The property's strategic location along the city's busiest retail corridor provides unparalleled accessibility, further enhanced by a planned traffic light installation at the intersection in front of a nearby Whataburger. This prime location offers immediate proximity to a thriving retail environment, including the Scottsboro Commons Shopping Center, home to national retailers such as Dunham's Sports, Petsense, Ollie's, Dollar Tree, Badcock Furniture, McDonald's, KFC, Redstone Federal Credit Union, and Starbucks. Furthermore, the property is conveniently located near a new Publix center, featuring tenants like TJ Maxx, Pet Supplies Plus, and others, and is also within close proximity to other major retailers including Home Depot, Walmart, Shoe Show, Verizon, Dunkin' Donuts, and Cato. This presents a unique chance to develop new restaurants, retail spaces, or other commercial ventures in a rapidly growing market with excellent infrastructure. The property's ease of access and high visibility make it an exceptional opportunity for developers seeking a prime location in a thriving Alabama community. The Jackson County location and 35769 zip code add to its appeal.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1982
Construction CONCRETE BLOCKS
Total area 44,051 SF
Lot 2.96 ac (128,938 SF)
APN 39 27 09 31 4 000 010.007
UPID US03-1976069
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
Current use
Occupant on record · Public records
  • Dunham's Sports (Bike/Boat/Book/etc) Store
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
Second Street Plaza LLC · 12 yrs held
Second Street Plaza LLC
since 2013
3 recorded transactions
2013
$500,000
2009
$850,000
2009
$850,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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