2205 Railroad StLeighton, AL 35646

Property Details for 2205 Railroad St

Year built

1977

Property size (Sq ft)

1,805 SF

Property type

Turn key restaurants

APN

12-06-13-4-003-028.002

APU

1206134003028002

Description

This 1,805 square foot retail property located at 2205 Railroad St, Leighton, AL presents a fantastic investment opportunity for entrepreneurs. Situated on a 0.47-acre lot, this property offers ample space for a variety of retail businesses. The building's size and location provide excellent visibility and accessibility for customers. The asking price is $84,500, making it an attractive option for those seeking a cost-effective entry into the retail market. The property's location in Leighton, AL offers access to a growing customer base and potential for significant return on investment. This is an ideal opportunity for anyone looking to establish a new business or expand an existing one. The property is ready for immediate occupancy, allowing for a quick start to operations. Serious inquiries are encouraged to explore this promising investment prospect further. The property's size and location offer significant potential for growth and profitability. Don't miss this chance to secure a prime retail space in a thriving community. The property is well-suited for a variety of retail uses, offering flexibility for potential buyers. This is a rare opportunity to acquire a well-positioned retail property at a competitive price.

• CAP approach

  CAP return

  Valuation

  6%

  $561,195

  6.5%

  $518,026

  7%

  $481,024

• Comparable approach

  Method

  Valuation

  Relative Method

  $740,921

  Geo Method

  $887,250

• Alternative Use

  Use

  Valuation

  Residential

  $436,974

  Hospitality

  $400,266

  Educational

  $333,017

  Medical

  $344,470

  Retail

  $518,026

Location Insight

City

Leighton

County

Colbert

State

Alabama

Latitude

34.7015

Longitude

-87.5303

CBSA code

22520

CBSA name

FLORENCE-MUSCLE SHOALS, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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