Technical
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Distress signals
Property profile

301 2nd E Ave Oneonta, AL 35121

OFF-MARKET
Investment properties
Property ID
US03-0574929
3,000 SF 0.07 ac lot Built 1945
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 301 2nd Avenue East in Oneonta, Alabama, presents a unique investment opportunity. Situated at the intersection of 2nd Avenue East (Highway 75) and 3rd Street North, directly across from the Blount County Courthouse, this building boasts unparalleled visibility and accessibility. The approximately 3,000 square foot building offers a versatile layout suitable for a wide range of businesses, including law offices, retail stores, restaurants, professional services, or general office space. The property features two convenient front entrances, allowing for easy subdivision of the space to accommodate multiple tenants or businesses. A third, side entrance provides convenient access for deliveries. Ample parking is available, enhancing the property's appeal. The building underwent a significant renovation in 2017, encompassing a new roof, updated electrical wiring, and a new HVAC system, ensuring modern functionality and efficiency. The property sits on a 0.02-acre lot and is listed below recent appraised value, making it an attractive proposition for discerning investors. Two bathrooms and a break kitchen area are included. Don't miss this chance to own a thriving commercial space in the heart of Oneonta.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,000 SF
Lot 0.07 ac (2,854 SF)
Zoning code 4
APN 16-09-31-3-002-013
UPID US03-0574929

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pharmacy
  • Weight Loss Service

Location

301 2nd E Ave Oneonta, AL 35121-1410
Oneonta metro Census 50106 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2016
1 recorded transaction
2016
$75,000

Zoning & alternative use

4 · Oneonta, AL

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
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