919 Alabama AveBridgeport, AL 35740

  • Retail properties
  • 3,750 SF
For Sale
$115,000 View listing

Property Details for 919 Alabama Ave

Year built
1987
Construction
METAL FRAME
Lot size
0.52 AC
Property size (Sq ft)
3,750 SF
Property type
Retail properties
Property subtype
Other retail properties
APN
39 02 04 19 0 001 035.000
APU
390204190001035000

Description

This exceptional 3,750-square-foot industrial property, located at 919 Alabama Ave, Bridgeport, Alabama 35740, presents a unique owner-user opportunity. The single-story metal warehouse/workshop building boasts a spacious 50' x 75' footprint, ideal for various manufacturing, flex, or warehouse uses. The property features two 10' overhead garage doors, providing convenient access for loading and unloading. With a 12-foot ceiling height, the building offers ample vertical space for storage or equipment. The property sits on a sizable 3/4-acre lot, providing ample parking. The sale includes Lots 29 through 37, inclusive. Importantly, a single-wide mobile home and its associated land will be severed from the main parcel prior to closing. The property is zoned commercial and is being offered for $115,000. This is a rare opportunity to acquire a versatile industrial space in a convenient location. The property is 37 years old and offers a great opportunity for a business owner to own their workspace. This is a For Sale By Owner listing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,165,918
    6.5%
    $1,076,232
    7%
    $999,358
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,539,310
    Geo Method
    $1,843,317
  • Alternative Use

    Use
    Valuation
    Residential
    $907,842
    Hospitality
    $831,578
    Educational
    $691,863
    Medical
    $715,658
    Retail
    $1,076,232
919 Alabama Ave, Bridgeport, Alabama

Location Insight

City
Bridgeport
County
Jackson
State
Alabama
Latitude
34.9445
Longitude
-85.7225
CBSA code
42460
CBSA name
SCOTTSBORO, 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
$579
-
-
$14,480
-
$3,800
$68,600
$72,400

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