Technical
Financial
Distress signals
Property profile

289 Summerall Gate Rd Anniston, AL 36205

OFF-MARKET
Warehouses
Property ID
US03-2132493
10,642 SF 0.98 ac lot Built 1940
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Exceptional redevelopment opportunity in Anniston, Alabama. This 10,642 square foot warehouse, situated on a 0.98-acre lot, presents significant potential. Built in 1940, the two-story building features multiple entrances, multi-level parking, roll-up doors, and high ceilings, offering considerable versatility. The property boasts unique features including an underground tunnel. Its prime location borders the Jacksonville State University McClellan Center, an 8-million-dollar renovation project, ensuring high visibility and access to a growing community. The property is located within a designated Opportunity Zone, providing substantial investment benefits. The Jacksonville State University McClellan Center houses various departments including Continuing Education and Outreach, Emergency Management, and a Police Academy, along with community spaces. This presents a unique chance to capitalize on the expanding commercial activity and growing community surrounding the former Fort McClellan. The property's address is 289 Summerall Gate Rd, Anniston, AL 36205, with APN 18-05-22-2-004-002.000. The asking price is $109,000, translating to $10.24 per square foot. This is a motivated seller situation.

Property profile

Verified
Property type Warehouses
Year built 1940
Total area 10,642 SF
Lot 0.98 ac (42,689 SF)
UPID US03-2132493

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

289 Summerall Gate Rd Anniston, AL 36205
Anniston metro
Google Maps

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 289 Summerall Gate Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message