2608 Sansom Ave, Gadsden, AL 35904
This exceptional property, located at 2608 Sansom Ave, Gadsden, Alabama, 35904, presents a unique investment opportunity. Encompassing approximately 1.02 acres of land, the property features two buildings totaling approximately 11,160 square feet. The main structure is a former church facility, boasting a sanctuary, conference areas, and offices. A separate, detached house of approximately 1,583 square feet is also included. The property offers a large grassy area and ample parking, making it suitable for a variety of uses. Its prime location offers excellent street frontage on Sansom Ave, Schuler Ave, and N 26th St, providing high visibility. The property is conveniently situated approximately 1.5 miles from Interstate 59 and just one block from US Highway 278, ensuring easy access and high traffic flow. This versatile property is ideal for religious organizations, event spaces, or other adaptive reuse projects. The property is currently vacant, offering immediate occupancy. The asking price is $350,000. This is a rare opportunity to acquire a substantial property in a developing area, poised for future growth within Gadsden's emerging art district.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.