102 Kimberly AveMuscle Shoals, AL 35661

Property Details for 102 Kimberly Ave

Year built

2016

Construction

WOOD

Lot size

0.18 AC

Property size (Sq ft)

2,869 SF

Property type

Office properties

Property subtype

Other office properties

APN

13-01-01-4-006-006.000

APU

1301014006006000

Description

This exceptional 3,600 square foot building, constructed in 2016, presents a unique investment opportunity in Muscle Shoals, Alabama. Located at 102 Kimberly Ave, 35661, this property sits on a 0.18-acre lot and offers a versatile blend of office and warehouse space, ideal for a variety of businesses. The main level boasts three private offices, two additional rooms suitable for use as either conference rooms or offices, a kitchen featuring granite countertops and stainless steel appliances, and a full bathroom with granite and tile finishes. A spacious work area and a large waiting area complete the main floor. Upstairs, a substantial bonus area offers significant potential for expansion, easily adaptable into additional office space or a large meeting room. The building's previous uses include a real estate closing office and a boutique, demonstrating its adaptability to diverse business needs. The property benefits from convenient on-site concrete parking and is connected to all essential utilities: electricity, natural gas, water, sewer, cable, and phone lines. Purchasers are responsible for verifying all provided information. This beautifully designed building offers a multitude of possibilities for the discerning investor. More photos are forthcoming.

• CAP approach

  CAP return

  Valuation

  6%

  $606,806

  6.5%

  $560,129

  7%

  $520,119

• Comparable approach

  Method

  Valuation

  Relative Method

  $467,331

  Geo Method

  $559,627

• Alternative Use

  Use

  Valuation

  Residential

  $694,560

  Hospitality

  $636,213

  Educational

  $529,322

  Medical

  $547,526

  Retail

  $823,389

Location Insight

City

Muscle Shoals

County

Colbert

State

Alabama

Latitude

34.7331

Longitude

-87.6359

CBSA code

22520

CBSA name

FLORENCE-MUSCLE SHOALS, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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