3200 Meighan BlvdGadsden, AL 35904

Property Details for 3200 Meighan Blvd

Year built

1978

Lot size

2.38 AC

Property size (Sq ft)

2,680 SF

Property type

Retail properties

APN

16-01-01-1-000-337.004

APU

1601011000337004

Description

This exceptional commercial property, located at 3200 W Meighan Blvd in Gadsden, Alabama, 35904, offers 11,707 square feet of versatile office space. Currently configured as a single-tenant occupancy, the layout is easily adaptable and can be divided into three separate units, providing flexibility for various business needs. The property is classified as both traditional office and coworking space, catering to a wide range of potential tenants. The building's amenities include a kitchen and break room, enhancing the overall functionality and convenience for occupants. The property's location in Gadsden, Alabama offers excellent access to transportation routes and local amenities. This prime commercial real estate presents a unique opportunity for businesses seeking a spacious and adaptable workspace in a thriving Alabama community. The property type encompasses office, industrial, and land designations, suggesting potential for diverse uses and future expansion. The building's total square footage is not currently specified. This adaptable space is ideal for businesses seeking a flexible and well-equipped office environment in a convenient location. Serious inquiries are encouraged to explore the possibilities of this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $654,814

  6.5%

  $604,444

  7%

  $561,269

• Comparable approach

  Method

  Valuation

  Relative Method

  $454,007

  Geo Method

  $543,671

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,185,670

  Mixed-Use / Specialty

  $599,480

  Hospitality / Lodging

  $436,163

  Office

  $592,993

  Institutional / Educational

  $622,214

  Residential Income

  $727,990

  Multifamily

  $888,683

  Automotive / Energy

  $533,326

  Parking / Income-Based Land

  $186,819

  Restaurant / Food Service

  $305,800

  Healthcare / Senior Housing

  $617,636

Location Insight

City

Gadsden

County

Etowah

State

Alabama

Latitude

34.0203

Longitude

-86.0557

CBSA code

23460

CBSA name

GADSDEN, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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