310 Air Depot RdGlencoe, AL 35905

Property Details for 310 Air Depot Rd

Year built

1973

Construction

WOOD

Lot size

0.31 AC

Property size (Sq ft)

1,887 SF

Property type

Investment properties

Property subtype

Live-work space

APN

14-09-30-0-001-002.000

APU

1409300001002000

Description

This exceptional 0.31-acre commercial property at 310 E Air Depot Road in Glencoe, Alabama, presents a unique investment opportunity. Priced at $249,000, the well-maintained brick and block building offers significant potential for a variety of uses. Its adaptable interior space is perfect for entrepreneurs seeking to establish or expand their business operations. The existing layout includes a convenient half-bath and a small kitchen area, catering to both staff and clients. The property boasts ample parking, ensuring convenient access for employees and customers alike. The high visibility afforded by its prominent road frontage makes it an ideal location for attracting attention and increasing brand awareness. This property is ready for immediate occupancy and offers a blank canvas for customization, allowing businesses to tailor the space to their specific needs. The strategic location within Glencoe provides easy access to local amenities and a thriving community. Don't miss this chance to acquire a prime commercial property with exceptional potential for growth and return on investment. The property's versatility and prime location make it an attractive option for a wide range of businesses. Its solid construction and well-maintained condition further enhance its appeal. This is a rare opportunity to secure a valuable asset in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $399,109

  6.5%

  $368,408

  7%

  $342,093

• Comparable approach

  Method

  Valuation

  Relative Method

  $307,373

  Geo Method

  $368,078

• Alternative Use

  Use

  Valuation

  Residential

  $456,826

  Hospitality

  $418,450

  Educational

  $348,146

  Medical

  $360,119

  Retail

  $541,560

Location Insight

City

Glencoe

County

Etowah

State

Alabama

Latitude

33.9647

Longitude

-85.9352

CBSA code

23460

CBSA name

GADSDEN, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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