931 Memorial DrPrattville, AL 36067
- Office properties
- 1,748 SF
Property Details for 931 Memorial Dr
- Year built
- 1955
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.19 AC
- Property size (Sq ft)
- 1,748 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 19-05-15-2-013-005.000
- APU
- 1905152013005000
Description
This exceptional 1,748 square foot executive office suite is ideally situated at 931 South Memorial Drive in Prattville, Alabama. The property, built in 1955, is classified as a Class B building and offers a single-tenant occupancy opportunity. The entire 1,748 square feet is currently vacant, presenting a unique chance for immediate occupancy. Located in Autauga County, the property sits on a 0.19-acre lot, providing ample space and potential for future development or expansion. The building's office space is well-suited for a variety of professional uses, offering a functional and efficient layout. Its convenient Prattville location provides easy access to local amenities and major transportation routes. This is a prime opportunity for a business seeking a move-in ready, single-tenant office space in a desirable Alabama location. The property's size and location make it an attractive option for businesses of various sizes. The single-tenant occupancy eliminates the complexities of managing multiple tenants, offering a streamlined and efficient workspace. The 1955 construction date provides a solid foundation, while the Class B classification reflects a well-maintained and functional building. This property presents a compelling investment opportunity for businesses seeking a comfortable and productive workspace in Prattville, Alabama. The 0.19-acre lot offers potential for future expansion or outdoor amenities. The address is 931 S Memorial Dr, Prattville, AL 36067.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $231,109
- 6.5%
- $213,331
- 7%
- $198,093
-
Comparable approach
- Method
- Valuation
- Relative Method
- $294,545
- Geo Method
- $340,965
-
Alternative Use
- Use
- Valuation
- Residential
- $264,531
- Hospitality
- $242,309
- Educational
- $201,598
- Medical
- $208,531
- Retail
- $313,597
Location Insight
- City
- Prattville
- County
- Autauga
- State
- Alabama
- Latitude
- 32.4567
- Longitude
- -86.4476
- 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
FAQs
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