641 Snow StOxford, AL 36203

  • Retail properties
  • 9,405 SF
For Lease
$16.25/SF/YR View listing

Property Details for 641 Snow St

Year built
1999
Construction
BRICK
Lot size
2.34 AC
Property size (Sq ft)
9,405 SF
Property type
Retail properties
Property subtype
Community centers
APN
21-04-20-3-001-054.000
APU
2104203001054000

Description

This Class A retail storefront, located at 641 Snow Street in Oxford, Alabama (zip code 36203), offers 2,000 square feet of immediately available space within the 22,400 square foot Snow Street Village center. The property boasts a strong tenant mix, including national brands like Starbucks, Dillard's, 2nd & Charles, CVS, Red Lobster, and a newly opened Dunkin'. Additional anchors include AllerVie Health, Family Health and Wellness Center, HoneyBaked Ham, CiCi's Pizza, H&R Block, and Pass It On Sports, along with multiple medical tenants. This location benefits from its position in Oxford's thriving retail hub, near the Quintard Mall (currently undergoing redevelopment by Hull Property Group). The property features 95 total parking spaces, ensuring ample customer convenience. The minimum divisible space is 2,000 square feet, with a maximum contiguous space also at 2,000 square feet. The lease rate is $16.25 per square foot, NNN. This presents a unique opportunity to establish a presence in a high-traffic, well-established retail center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,924,122
    6.5%
    $2,699,189
    7%
    $2,506,390
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,860,590
    Geo Method
    $4,623,039
  • Alternative Use

    Use
    Valuation
    Residential
    $2,276,867
    Hospitality
    $2,085,598
    Educational
    $1,735,193
    Medical
    $1,794,869
    Retail
    $2,699,189
641 Snow St, Oxford, Alabama

Location Insight

City
Oxford
County
Calhoun
State
Alabama
Latitude
33.616
Longitude
-85.8248
CBSA code
11500
CBSA name
ANNISTON-OXFORD, 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
2023
$27,913
$163,080
$424,568
$587,648
-
$815,400
$2,122,840
$2,938,240

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