Technical
Financial
Distress signals
Property profile

621 Boll Weevil Cir Enterprise, AL 36330

OFF-MARKET
Commercial real estate
Property ID
US03-1644991
5,000 SF 9.24 ac lot Built 1969
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 128,800 square foot industrial warehouse in Enterprise, Alabama, presents a compelling investment opportunity with an 8.50% cap rate. Priced at $12,900,000, this multi-tenant property boasts a strong tenant roster including major franchises like Piggly Wiggly, PetSense, and H&R Block, alongside established local businesses. Located at a prime corner of Highway 84 and Rucker Boulevard, this "Main and Main" location benefits from exceptional visibility and high traffic flow, further enhanced by nearby retailers such as Walgreens, a Ford dealership, and McDonald's. The property includes eight busy outparcels, generating substantial additional income, and a separate outparcel valued at $750,000. Recent upgrades include parking lot resurfacing, improved lighting, and new signage. Enterprise's robust growth, fueled by industries like the Army Aviation Center and ongoing development, ensures a stable and promising future for this investment. The property is offered as a NNN lease, minimizing management responsibilities. Detailed tenant information is available upon request. This is a rare opportunity to acquire a well-established, high-performing industrial asset in one of Alabama's fastest-growing cities.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1969
Total area 5,000 SF
Lot 9.24 ac (402,307 SF)
APN 1605154000003000
UPID US03-1644991

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service Medical Equipment Manufacturer
  • Mobile Phone Store Electronics & Wireless Store
  • Grocery & Convenience Store Food Market
  • Discount Store (Bike/Boat/Book/etc) Store
  • Furniture & Home Goods

Location

621 Boll Weevil Cir Enterprise, AL 36330-2702
Enterprise metro Census 11300 ENTERPRISE-OZARK, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$704k
Blend (final) Blend
$830k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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