608 Jefferson StAthens, AL 35611

Property Details for 608 Jefferson St

Year built

1963

Lot size

7.90 AC

Property size (Sq ft)

35,977 SF

Property type

Retail properties

Property subtype

Strip malls

APN

1003084002003000

APU

1003084002003000

Description

Invest in this thriving Athens, Alabama retail center, strategically located across from the new 40,000 square foot Athens-Limestone Public Library. This grocery-anchored shopping center offers four available spaces ranging from 1,520 square feet to 9,050 square feet, providing flexibility for various retail businesses. Its prime location ensures high visibility and foot traffic. The center's proximity to the bustling town square, just four blocks away, places it within easy reach of the Limestone County courthouse and Athens City Hall, guaranteeing a steady stream of potential customers. This presents a unique opportunity for businesses seeking a well-established location in a growing community. The size diversity of the available spaces allows for businesses of various scales to find a suitable fit. The existing grocery anchor provides a strong draw for shoppers, further enhancing the potential for success. This is an exceptional opportunity to establish or expand your retail presence in a vibrant and accessible location within Athens, Alabama. Don't miss out on this chance to secure a space in a high-traffic, well-positioned shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $11,185,660

  6.5%

  $10,325,224

  7%

  $9,587,708

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,767,938

  Geo Method

  $17,684,538

• Alternative Use

  Use

  Valuation

  Residential

  $8,709,713

  Hospitality

  $7,978,050

  Educational

  $6,637,644

  Medical

  $6,865,923

  Retail

  $10,325,224

Location Insight

City

Athens

County

Limestone

State

Alabama

Latitude

34.7962

Longitude

-86.9734

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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