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Property profile & analytics
OFF-MARKET Estimated value $2,915,000
Strip malls

608 Jefferson St Athens, AL 35611-3544

35,977 SF 7.9 ac lot Built 1963
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-2916360
Property summary
AI-generated overview

Invest in this thriving Athens, Alabama retail center, strategically located across from the new 40,000 square foot Athens-Limestone Public Library. This grocery-anchored shopping center offers four available spaces ranging from 1,520 square feet to 9,050 square feet, providing flexibility for various retail businesses. Its prime location ensures high visibility and foot traffic. The center's proximity to the bustling town square, just four blocks away, places it within easy reach of the Limestone County courthouse and Athens City Hall, guaranteeing a steady stream of potential customers. This presents a unique opportunity for businesses seeking a well-established location in a growing community. The size diversity of the available spaces allows for businesses of various scales to find a suitable fit. The existing grocery anchor provides a strong draw for shoppers, further enhancing the potential for success. This is an exceptional opportunity to establish or expand your retail presence in a vibrant and accessible location within Athens, Alabama. Don't miss out on this chance to secure a space in a high-traffic, well-positioned shopping center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1963
Total area 35,977 SF
Lot 7.9 ac (344,124 SF)
APN 1003084002003000
UPID US03-2916360
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
  • Western Union Bank Credit Union
  • Hometown Grocery Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.92M
Owner & transaction history
Bbv Athens Sc LLC · 4 yrs held
Bbv Athens Sc LLC
since 2022
Last sale
$2.7M
2 recorded transactions
2022
Price N/A
2022
$2.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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