Property profile

730 Noble St Anniston, AL 36201

OFF-MARKET
Drive through restaurants
Property ID
US03-2477677
1,773 SF 0.24 ac lot Built 2005
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property at 730 Noble Street in Anniston, Alabama, presents a unique investment opportunity. Spanning 0.77 acres, the property includes two parcels: a building with a drive-thru and an additional lot providing extensive parking. The building boasts over 1900 square feet of space, comfortably seating 63 patrons. Its robust construction features steel, concrete, and glass, ensuring durability and longevity. The property is equipped with a functional security system, a fully operational drive-thru with speakers and monitor, and three-phase electrical service. The kitchen is fully equipped with high-end commercial appliances, including two 7.5-ton AC units, two 150-gallon grease traps, a 100-gallon hot water tank, a walk-in freezer, two walk-in coolers, a double-sided customized kitchen serving table with a hot table, ample workspace, ticket slides, shelves, three large heat wells, a 16 x 8 ft. dry shelf storage area, three 50-gallon Pitco fryers, and a 3 ft. flat top grill. Additional features include a functioning Fire Guard Ansel system, an Aloha computer system, a dumpster pad with locking metal doors, surround sound speakers throughout the interior, and handicap-accessible entrances and parking. The building also features two stand-up coolers, front and rear entrances/exits, and a highly visible corner lot with a red light for easy exit. This turnkey operation is ready for immediate occupancy and offers significant potential for a variety of retail businesses.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2005
Total area 1,773 SF
Lot 0.24 ac (10,498 SF)
APN 21-03-07-1-003-034.003
UPID US03-2477677

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
  • Restaurant Take-out & Catering

Location

730 Noble St Anniston, AL 36201-5624
Anniston metro Census 800 ANNISTON-OXFORD, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

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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