802 Boll Weevil Cir Enterprise, AL 36330-2079
- Community centers
- 1.48 lot acres
Current Use by Public Records
- Southern Sippin' / Soft Drinks Shop
- Cabin Events / Event Venue
Property Details for 802 Boll Weevil Cir
- Lot size
- 1.48 lot acres
- Property type
- Community centers
- APN
- 1605152000001000
- APU
- 1605152000001000
Description
This exceptional 1.5-acre commercial land parcel presents a prime retail investment opportunity in Enterprise, Alabama. Located on Boll Weevil Circle, this site boasts approximately 280 feet of frontage along the highly trafficked US-84, experiencing an estimated 33,135 vehicles per day. Its central location within Enterprise's retail hub places it directly across from two established shopping centers: Boll Weevil Plaza and Park Place Shopping Center (anchored by Publix), which collectively attract an estimated 869,451 annual visits. The property benefits from exceptional visibility and proximity to a dense concentration of national retailers, including Walmart Supercenter (estimated 1,580,225 annual visits), Harbor Freight Tools, CVS Pharmacy, Hobby Lobby, and many more. A wide array of quick-service restaurants (QSRs) are also nearby, including Chick-fil-A, Panera Bread, Subway, and numerous other popular chains. While the listed square footage is 1 square foot, this refers to the building footprint, and the actual property size is 1.5 acres. This site offers significant potential for development and is ideally suited for a variety of retail uses. The property's strategic location and high visibility make it an attractive investment for businesses seeking to capitalize on Enterprise's thriving retail market. The site's proximity to major retailers and high traffic counts ensures strong potential for customer traffic and business success. This is a rare opportunity to acquire a well-positioned parcel in a high-demand area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $185,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $220,000
- Retail
- $220,000
- Mixed-Use
- $180,000
- Hospitality
- $225,000
- Educational
- $225,000
- Residential Income
- $205,000
- Energy
- $185,000
- Income-Based Land
- $170,000
- Food Service
- $175,000
Location Insight
- Map
- Local Demand
- City
- Enterprise
- County
- Coffee
- State
- Alabama
- Longitude
- -85.8334
- Latitude
- 31.327
- CBSA code
- 21460
- CBSA name
- ENTERPRISE-OZARK, AL MICROPOLITAN STATISTICAL AREA
