925 Old Fort RdFort Deposit, AL 36032

Property Details for 925 Old Fort Rd

Year built

1980

Lot size

6.13 AC

Property size (Sq ft)

2,015 SF

Property type

Grocery and convenience stores

APN

45 26 07 26 0 000 002.030

APU

452607260000002030

Description

This exceptional 1.25-acre retail land parcel presents a prime opportunity for commercial development in Fort Deposit, Alabama. Located at 925 Old Fort Rd E, this property boasts over 240 feet of frontage on Old Fort Road East, ensuring high visibility and accessibility. Currently occupied by a gas station, the site is ideally suited for a convenience store or fast-food establishment. Its strategic location offers significant advantages: it sits directly opposite Priester's Pecans main facility, benefiting from existing foot and vehicle traffic. Furthermore, the property enjoys proximity to the rapidly expanding Hope Hull area and is conveniently located near I-65 at Highway 185 via Exit 142. All city utilities are available, simplifying the development process. The asking price for this exceptional commercial land is $650,000. This is a rare chance to acquire a well-positioned property in a growing market with significant potential for return on investment. The property is zoned for retail use and offers a unique opportunity for businesses seeking high visibility and convenient access to major transportation routes. Don't miss this chance to secure a thriving commercial location in a desirable area of Alabama. The property is situated in Lowndes County, Alabama, with a zip code of 36032.

• CAP approach

  CAP return

  Valuation

  6%

  $414,225

  6.5%

  $382,362

  7%

  $355,050

• Comparable approach

  Method

  Valuation

  Relative Method

  $352,192

  Geo Method

  $990,476

• Alternative Use

  Use

  Valuation

  Residential

  $322,536

  Hospitality

  $295,442

  Educational

  $245,804

  Medical

  $254,258

  Retail

  $382,362

Location Insight

City

Fort Deposit

County

Lowndes

State

Alabama

Latitude

31.9839

Longitude

-86.5281

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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