220 J StAnniston, AL 36207

Property Details for 220 J St

Year built

1978

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

1,165 SF

Property type

Office buildings

APN

21-04-17-3-002-008.001

APU

2104173002008001

Description

This well-maintained, 1,200 square foot office building is available for sale in Anniston, Alabama. Located at 220 E J St, this single-story, Class B property sits on a 0.1-acre lot and boasts excellent visibility. Built in 1950, the building has been renovated and is in good condition. The interior features a welcoming reception area, three private offices, a convenient breakroom, a storage area, and a restroom. Ample parking is available directly in front of the building, and exterior signage is permitted. The Suburban Corridor zoning allows for a variety of office and many retail uses. The asking price is $139,900, translating to $116.58 per square foot. This is an ideal owner-user opportunity for a small business seeking a visible and accessible location. The property's APN is 21-04-17-3-002-008.000. This vacant building presents a chance to establish your business in a well-maintained space with convenient amenities. The net rentable square footage is 1,200 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $246,403

  6.5%

  $227,449

  7%

  $211,202

• Comparable approach

  Method

  Valuation

  Relative Method

  $189,767

  Geo Method

  $227,245

• Alternative Use

  Use

  Valuation

  Residential

  $282,036

  Hospitality

  $258,344

  Educational

  $214,939

  Medical

  $222,331

  Retail

  $334,349

Location Insight

City

Anniston

County

Calhoun

State

Alabama

Latitude

33.636

Longitude

-85.8244

CBSA code

11500

CBSA name

ANNISTON-OXFORD, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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