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Property profile & analytics
OFF-MARKET Estimated value $740,000
Investment properties

702 Chastain W Blvd Gadsden, AL 35905-2011

30,648 SF 3.18 ac lot Built 1979
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US03-0297918
Property summary
AI-generated overview

This exceptional 0.5-acre office property, situated at 702 Chastain Boulevard West in Glencoe, Alabama, presents a remarkable opportunity for businesses seeking high visibility and convenient access. Located directly on Highway 431 (also known as Chastain Boulevard West), this property benefits from an estimated daily traffic count exceeding 20,000 vehicles, ensuring significant exposure for your business. The building offers a desirable combination of features, including ample front window space for showcasing your products or services, three private offices providing individual workspaces, and a private bathroom for added convenience. The property's design facilitates easy loading and unloading, making it ideal for various business types. Its prime location in Glencoe offers a straightforward commute to major interstates and highways, enhancing accessibility for both employees and clients. The property is currently available and ready for immediate occupancy, making it an attractive option for businesses seeking a quick and seamless transition. Additional space may also be available, providing flexibility for expanding operations. This is a truly exceptional opportunity to establish your business in a high-traffic, highly visible location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1979
Construction CONCRETE BLOCKS
Total area 30,648 SF
Lot 3.18 ac (138,521 SF)
APN 14-04-19-0-001-024.001-DIST14
UPID US03-0297918
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
  • Auction House McCLendon Trade Show Venue (Bike/Boat/Book/etc) Store
  • McClendon Auction House Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$997k
Blend (final) Blend
$740k
Owner & transaction history
Mcclendon Auction Co LLC · 8 yrs held
Mcclendon Auction Co LLC
since 2017
1 recorded transaction
2017
$16,666
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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