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Property profile & analytics
OFF-MARKET Estimated value $185,000
Investment properties

235 Satterfield Ln Gadsden, AL 35901-6606

10,924 SF 2.69 ac lot Built 2022
Entity Owned Absentee Owner Free & Clear
Property ID
US03-2259263
Property summary
AI-generated overview

This exceptional 2.86-acre commercial land parcel presents a unique investment opportunity in Gadsden, Alabama. Located adjacent to a Dollar General store, this property boasts high visibility and convenient access. The land comprises two parcels totaling 2.86 acres, with frontage on two roads, including US-411, which sees approximately 7,272 vehicles per day. One parcel measures approximately 1.79 acres and fronts US-411, while the second parcel is approximately 1.07 acres situated on Satterfield Lane, near the US-411 intersection. Etowah County's lack of zoning ordinances allows for diverse commercial development options. Situated about 10 miles north of downtown Gadsden, this location benefits from excellent highway access via I-59, US-411, and US-431, providing easy connections to Birmingham and Chattanooga. The surrounding area demonstrates strong demographics, with a population of approximately 52,199 and an average household income of approximately $52,275 within a 10-mile radius. This property is being offered via an absolute $1 auction with no reserve. The auction will take place from November 4th to 6th. Due diligence documents are available.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2022
Total area 10,924 SF
Lot 2.69 ac (117,176 SF)
APN 11-02-09-0-000-031.000
UPID US03-2259263
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
  • Western Union Bank Credit Union
  • Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.33M
Comparable Approach Comparable
$991k
Blend (final) Blend
$185k
Owner & transaction history
JTH LLC
JTH LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.1M +84.0%
Medical building $950,000 +54.6%
Restaurant $765,000 +24.1%
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