For Sale
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Property summary
This exceptional commercial property, located at 324 Montgomery Ave in Sheffield, Alabama, presents a unique investment opportunity. Boasting 2,109 square feet situated on a 1.4-acre lot, this property enjoys a highly visible location at the entrance to Foodland Plaza, a key commercial hub in the city. Its strategic position places it conveniently between Helen Keller Hospital and the downtown area, ensuring high foot traffic and excellent visibility. Previously occupied by a McDonald's restaurant, the building is ideally suited for a variety of food service businesses, offering significant potential for immediate occupancy and operation. The existing infrastructure is well-suited for restaurant use, minimizing upfront renovation costs and allowing for a swift transition to a new tenant. The ample 1.4-acre lot provides ample parking and potential for future expansion. This property represents a rare chance to acquire a well-located, ready-to-use commercial space in a thriving community, offering significant return on investment for discerning buyers. The asking price is $595,000. Serious inquiries are encouraged. All information is deemed reliable but not guaranteed.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Sheffield market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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