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Property profile & analytics
OFF-MARKET
Office Spaces

938 Ross St Heflin, AL 36264

Built 1945
Entity Owned 2-yr Hold
Property ID
US03-2683087
Property summary
AI-generated overview

This exceptional commercial property, situated at 938 ROSS STREET in the heart of Heflin, Alabama, presents a unique investment opportunity. The property boasts two buildings, offering ample space for a variety of business needs. The main building features a welcoming lobby and reception area, designed to create a professional and impressive first impression. Inside, you'll find six offices, a dedicated filing storage room, a convenient break room, and restrooms. The second building, accessible via its own separate entrance, adds further versatility. This upper-level space includes five additional offices, a kitchen, and a bathroom. Both buildings benefit from excellent street-level visibility on a main thoroughfare, surrounded by other businesses and offices. The property also offers the convenience of ample parking for clients and employees. This dual-building structure presents a compelling opportunity to occupy one side while generating income by leasing the other. The property's location, features, and layout make it an ideal choice for businesses seeking maximum exposure and accessibility in a thriving downtown area. This is a rare opportunity to establish a strong presence in the Heflin business community. The property is listed at $279,900.

Property profile
Verified
Property type Office Spaces
Year built 1945
UPID US03-2683087
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lloyd James Md Enterprises LLC · 2 yrs held
Lloyd James Md Enterprises LLC
since 2023
1 recorded transaction
2023
$150,680
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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