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Property profile & analytics
FOR SALE
Retail properties & Spaces

305 S 4Th St Gadsden, AL 35901

4,507 SF 0.57 ac lot Built 1965
Entity Owned Absentee Owner Free & Clear
Property ID
US03-2406193
Property summary
AI-generated overview

This exceptional investment opportunity presents a prime commercial property located at 305 S 4TH STREET, Gadsden, AL. The property consists of two buildings situated on a 0.57-acre lot. The main structure is a 4,456 square foot brick veneer building constructed in 1965, offering substantial space for professional office use. Complementing this is a 2,400 square foot pre-fabricated metal building constructed in 2008, providing additional versatile space. Currently, the property is fully occupied by a tenant under a renewed five-year lease, commencing August 2023, ensuring a stable and predictable income stream for the investor. This presents a compelling opportunity for passive income generation with a long-term tenant in place. The property's location in Gadsden, AL, offers excellent visibility and accessibility, making it an attractive proposition for both the current tenant and future occupants. The combination of a well-maintained brick building and a newer metal structure provides flexibility and ample space for a variety of professional office uses. This turnkey investment is ready for a discerning buyer seeking a strong return on investment with minimal management requirements. The existing lease provides immediate cash flow, minimizing vacancy risk and maximizing the potential for long-term profitability.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1965
Construction WOOD
Total area 4,507 SF
Lot 0.57 ac (25,000 SF)
APN 15-02-09-1-000-153.000
UPID US03-2406193
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
  • Hanger Clinic: Prosthetics & Orthotics Orthotics & Prosthetics Service Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$535k
Owner & transaction history
R & R PROPERTIES, LLC
R & R PROPERTIES, LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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