922 Meighan BlvdGadsden, AL 35903

Property Details for 922 Meighan Blvd

Year built

1979

Construction

WOOD

Lot size

1.45 AC

Property size (Sq ft)

2,750 SF

Property type

Office buildings

APN

15-01-11-2-000-003.000

APU

1501112000003000

Description

This expansive industrial property, located at 922 E Meighan Blvd, Gadsden, Alabama, 35903, offers a significant opportunity for businesses seeking large-scale manufacturing, warehouse, or distribution space. The property, identified by APN 15-01-02-0-001-024.000 in Etowah County, encompasses a total of 2,952,263 square feet across 12 individual suites, all currently vacant and available for lease. The minimum divisible space is 100,000 square feet, with a maximum contiguous space of 2,952,263 square feet, providing flexibility for various operational needs. Built in 1977, the property sits on 163.93 acres and features ceiling heights ranging from 20 to 30 feet, accommodating diverse equipment and storage requirements. Thirty loading docks ensure efficient handling of goods, and ample parking is available for employees and visitors. The property is zoned I-2: Heavy Industrial and boasts robust 2600 V - 3-Phase power. This exceptional property presents a rare opportunity to secure a substantial industrial footprint in a strategic location. Inquire today for detailed specifications and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $581,637

  6.5%

  $536,896

  7%

  $498,546

• Comparable approach

  Method

  Valuation

  Relative Method

  $447,947

  Geo Method

  $536,415

• Alternative Use

  Use

  Valuation

  Residential

  $665,751

  Hospitality

  $609,824

  Educational

  $507,366

  Medical

  $524,816

  Retail

  $789,237

Location Insight

City

Gadsden

County

Etowah

State

Alabama

Latitude

34.0077

Longitude

-85.9748

CBSA code

23460

CBSA name

GADSDEN, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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