550 Powers Ave Anniston, AL 36205-4400
- Office buildings
- 6,443 SF
- 2.22 lot acres
Current Use by Public Records
- Office buildings
Property Details for 550 Powers Ave
- Year built
- 1936
- Construction
- ADOBE
- Lot size
- 2.22 lot acres
- Property size
- 6,443 SF
- Property type
- Office buildings
- APN
- 18-05-21-1-003-001.000
- APU
- 1805211003001000
Description
This exceptional 7,700 square foot office building presents a unique investment opportunity in Anniston, Alabama. Located at 550 Powers Ave, 36205, this traditional office space boasts high-end finishes including a barrel tile roof and travertine tile flooring, reflecting quality construction and sophisticated design. Situated on a 2.22-acre lot, the property offers ample parking with approximately 26 spaces, ensuring convenience for employees and clients. Its strategic location near the Walmart Supercenter within Anniston's retail corridor provides excellent visibility and accessibility. Access is easily gained via Baltzell Gate Road. The asking price is $650,000, translating to a price per square foot of $84.42. This well-maintained building, situated on Fort McClellan base, offers a blend of functionality and prestige, making it an ideal acquisition for businesses seeking a prominent presence in a thriving commercial area. The property's size, high-quality finishes, and convenient location combine to create a compelling investment opportunity. This is a rare chance to acquire a substantial and well-appointed office building in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $270,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $275,000
- Mixed-Use
- $325,000
- Hospitality
- $255,000
- Educational
- $270,000
- Residential Income
- $240,000
- Energy
- $270,000
- Income-Based Land
- $320,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Anniston
- County
- Calhoun
- State
- Alabama
- Longitude
- -85.7971
- Latitude
- 33.7151
- CBSA code
- 11500
- CBSA name
- ANNISTON-OXFORD, AL METROPOLITAN STATISTICAL AREA