708 Boll Weevil Cir Enterprise, AL 36330-2032
Property profile & analytics
708 Boll Weevil Cir Enterprise, AL 36330-2032
- Retail properties & Spaces
- 8,000 SF
- 1.41 lot acres
Property ID
US03-1208066
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Buffalo Wild Wings / Restaurant
- McAlister's Deli / Take-out & Catering
- Hello Chonky Cookie Co / (Bike/Boat/Book/etc) Store / Bakery
Property Details for 708 Boll Weevil Cir
- Year built
- 1975
- Lot size
- 1.41 lot acres
- Property size
- 8,000 SF
- Property type
- Retail properties & Spaces
- APN
- 1605151000014001
- APU
- 1605151000014001
Description
This exceptional investment opportunity presents a newly constructed, 3,572 square foot Buffalo Wild Wings restaurant situated on a 0.753-acre lot at 708 Boll Weevil Cir, Enterprise, AL 36330. The property boasts a prominent location within an established retail corridor, benefiting from excellent visibility and access along Boll Weevil Circle, which sees 33,398 AADT. The 10-year net lease, commencing January 29, 2024, and expiring January 31, 2034, includes a 10% rent increase in year 6 and four 5-year lease options, providing a strong hedge against inflation. The property features a new outdoor patio and offers a 6.00% cap rate with a current NOI of $137,522, and an asking price of $2,292,000 ($641.66/sq ft). The robust demographics of the area, with a population of 38,279 and an average household income of $82,674 within a 5-mile radius, further enhance the investment potential. Nearby retail centers include Enterprise Shopping Center (anchored by ALDI), Westgate Shopping Center (anchored by PetSense), and Park Place Shopping Center (anchored by a top-performing Publix). Other major retailers in the vicinity include Walmart Supercenter, Hobby Lobby, and Walgreens. The property's strategic location is further strengthened by its proximity to Fort Novosel, a major Army Aviation center generating a $1.2 billion annual economic impact. The combined AADT within Enterprise's primary retail corridor totals 52,275.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Enterprise
- County
- Coffee
- State
- Alabama
- Longitude
- -85.8313
- Latitude
- 31.3252
- CBSA code
- 21460
- CBSA name
- ENTERPRISE-OZARK, AL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$0.00
$0.00
$96,140
-
$414,000
$0.00
$414,000
