6594 Old Railroad Bed RdToney, AL 35773

Property Details for 6594 Old Railroad Bed Rd

Year built

2011

Lot size

20.00 AC

Property size (Sq ft)

9,600 SF

Property type

Retail properties

APN

05-08-28-0-000-033.001

APU

508280000033001

Description

This exceptional industrial property, located at 6594 Old Railroad Bed Road in Toney, Alabama, offers a substantial 17,600 square feet of space across three separate buildings situated on a 3-acre lot. The main building boasts a generous 13,600 square feet, comprised of 9,600 square feet on the ground level and an additional 4,000 square feet upstairs. This building's dimensions are 80 feet by 120 feet (ground level) and 80 feet by 50 feet (upper level). Conveniently included within this main structure are dedicated office spaces, restrooms, and a kitchen/break room area. A second building, measuring 40 feet by 60 feet (2,400 square feet), is currently equipped with car lifts and machinery, offering immediate utility for automotive or similar operations. Finally, a third building, 40 feet by 40 feet (1,600 square feet), houses an auto paint booth and associated painting equipment, providing a complete solution for vehicle finishing. The property's expansive size and versatile building configuration present a unique opportunity for a variety of industrial uses. The asking price for this significant industrial property is $15,000. This represents a compelling investment opportunity in a desirable location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,984,750

  6.5%

  $2,755,154

  7%

  $2,558,357

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,940,634

  Geo Method

  $4,718,892

• Alternative Use

  Use

  Valuation

  Residential

  $2,324,075

  Hospitality

  $2,128,840

  Educational

  $1,771,170

  Medical

  $1,832,083

  Retail

  $2,755,154

Location Insight

City

Toney

County

Madison

State

Alabama

Latitude

34.9231

Longitude

-86.7336

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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