520 Main StPrattville, AL 36067
- Retail properties
- 824 SF
Property Details for 520 Main St
- Year built
- 1976
- Construction
- WOOD
- Lot size
- 0.51 AC
- Property size (Sq ft)
- 824 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 19-05-16-1-002-001.000
- APU
- 1905161002001000
Description
This versatile 824-square-foot storefront property, located at 520 E Main St in Prattville, Alabama (36067), presents a unique investment opportunity. The single-story, Class C building sits on a 0.51-acre lot (APN: 1905162000135.000) and was constructed in 1976. Previously used as a plant nursery and used car dealership, this mixed-use space (Office/Retail) offers significant potential for a variety of businesses. The asking price is $110,000, translating to $133.50 per square foot. Its prime location on E Main Street, near the intersection of S Memorial Drive, benefits from high traffic volume, with a count of 23,725 vehicles. The property's adaptable layout makes it ideal for various uses, including an insurance or real estate office, or a boutique. The net rentable area is 824 square feet. This property offers a compelling combination of location, price, and versatility, making it an attractive investment in the thriving Prattville market. Autauga County location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $160,162
- 6.5%
- $147,842
- 7%
- $137,282
-
Comparable approach
- Method
- Valuation
- Relative Method
- $349,546
- Geo Method
- $405,038
-
Alternative Use
- Use
- Valuation
- Residential
- $124,710
- Hospitality
- $114,234
- Educational
- $95,041
- Medical
- $98,310
- Retail
- $147,842
Location Insight
- City
- Prattville
- County
- Autauga
- State
- Alabama
- Latitude
- 32.4591
- Longitude
- -86.4605
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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