417 Highway 78Jasper, AL 35501

  • Office properties
  • 704 SF
For Lease
$18/SF/YR View listing

Property Details for 417 Highway 78

Year built
1950
Construction
CONCRETE BLOCKS
Lot size
0.30 AC
Property size (Sq ft)
704 SF
Zone code
CO
Property type
Office properties
Property subtype
Office buildings
APN
17-02-09-2-201-008.000
APU
1702092201008000

Description

This exceptional 20,000-square-foot retail space, part of the larger 54,220-square-foot Jasper Marketplace, presents a significant leasing opportunity in Jasper, Alabama. Located at 417 US Highway 78 East, this single-tenant space benefits from high visibility and substantial daily traffic (approximately 12,756 vehicles). The property is situated within a thriving retail hub, anchored by prominent tenants such as Planet Fitness, Hibbett Sports, and Eternal Light Printing, and surrounded by major retailers including Hobby Lobby, TJ Maxx, and Badcock, ensuring consistent foot traffic and a strong customer base. This well-established location offers a versatile space suitable for a variety of business types. The surrounding area boasts a population of 39,076 within a 10-mile radius, providing a substantial market for your business. The property's layout highlights the available 20,000 square feet, offering ample space for your operations. This prime location offers excellent potential for growth and success. The property is classified as both Industrial and Retail, offering flexibility for various business models.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $148,899
    6.5%
    $137,445
    7%
    $127,628
  • Comparable approach

    Method
    Valuation
    Relative Method
    $114,675
    Geo Method
    $137,322
  • Alternative Use

    Use
    Valuation
    Residential
    $170,432
    Hospitality
    $156,115
    Educational
    $129,886
    Medical
    $134,353
    Retail
    $202,045
417 Highway 78, Jasper, Alabama

Location Insight

City
Jasper
County
Walker
State
Alabama
Latitude
33.8486
Longitude
-87.2794
CBSA code
27530
CBSA name
JASPER, 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
2023
$1,426
$21,120
$14,520
$35,640
-
$105,600
$72,600
$178,200

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