1401 Fairview AvePrattville, AL 36066

  • Office properties
  • 3,592 SF
For Sale
$399,000 View listing

Property Details for 1401 Fairview Ave

Year built
1890
Construction
WOOD
Lot size
8.00 AC
Property size (Sq ft)
3,592 SF
Property type
Office properties
Property subtype
Office buildings
APN
19-01-02-2-000-002.002
APU
1901022000002002

Description

This exceptional 3.02-acre commercial land parcel presents a unique investment opportunity in Prattville, Alabama. Situated on Fairview Avenue, a major thoroughfare, this highly visible lot benefits from its location within Prattville's rapidly expanding commercial corridor. The property's strategic position places it within minutes of major retailers including Target, Home Depot, Lowe's, Books-A-Million, Starbucks, Publix, and Bass Pro Shops, ensuring high traffic and visibility. Its proximity to a popular golf destination further enhances its appeal, drawing significant attention to the area. The surrounding area is experiencing substantial growth, with a high density of new homes and businesses within a one-mile radius. Convenient access to Interstate 65 is another key advantage, with the property located just 0.6 miles from the second Prattville exit. Cobbs Ford Road is also easily accessible, situated only 2.0 miles away. This property is offered at an asking price of $399,000 and presents a compelling opportunity for developers and investors seeking a prime location in a thriving market. The property is zoned for commercial use (verification required). The address is 1401 Fairview Ave, Prattville, AL 36066.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $482,858
    6.5%
    $445,715
    7%
    $413,879
  • Comparable approach

    Method
    Valuation
    Relative Method
    $515,103
    Geo Method
    $700,656
  • Alternative Use

    Use
    Valuation
    Residential
    $552,687
    Hospitality
    $506,258
    Educational
    $421,201
    Medical
    $435,687
    Retail
    $655,202
1401 Fairview Ave, Prattville, Alabama

Location Insight

City
Prattville
County
Autauga
State
Alabama
Latitude
32.4836
Longitude
-86.4275
CBSA code
33860
CBSA name
MONTGOMERY, 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
2024
$1,993
-
-
$64,280
-
$414,500
$228,100
$642,600

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].