3000 Meighan BlvdGadsden, AL 35903

  • Mixed-use properties
  • 63,182 SF
For Lease

Property Details for 3000 Meighan Blvd

Year built
1980
Construction
CONCRETE BLOCKS
Lot size
6.40 AC
Property size (Sq ft)
63,182 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
14-04-19-0-001-006.000
APU
1404190001006000

Description

This prime retail property, East Side Plaza Shopping Center, located at 3000 E Meighan Blvd, Gadsden, Alabama 35903, offers multiple spaces for lease. The center boasts a highly desirable location in Etowah County, with excellent visibility and accessibility. Currently, there are four available spaces ranging in size from 1,300 square feet to 3,900 square feet, perfect for a variety of retail businesses. The property is situated in a thriving retail center anchored by established national tenants such as Tractor Supply, Ollie's Bargain Outlet, and Dollar General, ensuring high foot traffic and strong consumer demographics. This presents a unique opportunity for businesses seeking a well-established location with significant potential for growth and success. The property's strategic placement within a busy commercial area guarantees substantial exposure to a large customer base. The flexible space options allow for customization to suit individual business needs. This is an exceptional opportunity to establish or expand your retail presence in a dynamic and rapidly growing market. Contact us today to learn more about leasing opportunities and secure your space in this thriving retail center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,363,268
    6.5%
    $12,335,325
    7%
    $11,454,230
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,291,715
    Geo Method
    $12,324,281
  • Alternative Use

    Use
    Valuation
    Residential
    $15,295,803
    Hospitality
    $14,010,873
    Educational
    $11,656,882
    Medical
    $12,057,780
    Retail
    $18,132,928
3000 Meighan Blvd, Gadsden, Alabama

Location Insight

City
Gadsden
County
Etowah
State
Alabama
Latitude
33.9749
Longitude
-85.9504
CBSA code
23460
CBSA name
GADSDEN, AL METROPOLITAN 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
$11,932
$24,000
$219,500
$243,500
-
$120,000
$1,097,500
$1,217,500

FAQs

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