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Property profile & analytics
FOR SALE
Office buildings

401 Bingham Ave Ozark, AL 36360

3 ac lot Built 1900
Entity Owned Absentee Owner Free & Clear
Property ID
US03-1057119
Property summary
AI-generated overview

This expansive 113,600 square foot warehouse, situated on a generous 10-acre lot in Ozark, Alabama, presents a significant investment opportunity. The property boasts a prime location with 725 feet of frontage on Bingham Avenue. The building, constructed in 1974 with additions in 1980, is subdivided into five distinct warehouse components, offering flexibility for various uses. A substantial enclosed loading dock spans 8,750 square feet, complemented by 1,250 square feet of office space. Further enhancing the property's functionality is a 24x48 foot mobile office located at the rear. The warehouse features impressive specifications, including clear ceiling heights ranging from 20 to 23 feet and column spacing of 25x30 feet. Loading capabilities are extensive, with eight truck dock doors and three rail docks, with the potential for CSX Rail access. A built-in truck scale adds to the property's operational advantages. To incentivize a quick sale, the seller is offering a $500,000 credit towards roof repair or replacement. This substantial credit significantly reduces the upfront investment required, making this property an exceptionally attractive proposition for discerning buyers. The property's size, features, and seller financing make it ideal for a variety of commercial uses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Lot 3 ac (130,680 SF)
APN 06-08-34-1-008-001.000
UPID US03-1057119
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
WELLS NIGEL & JAANN FAMILY UNITY LLC
WELLS NIGEL & JAANN FAMILY UNITY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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