1022 Wilmer AveAnniston, AL 36201

Property Details for 1022 Wilmer Ave

Year built

1972

Construction

BRICK

Lot size

0.36 AC

Property size (Sq ft)

7,773 SF

Property type

Auto shops

APN

21-03-08-2-001-028.000

APU

2103082001028000

Description

This 7,735-square-foot warehouse, formerly a Firestone Tire & Auto, presents a unique investment opportunity in Anniston, Alabama. Located at 1022 Wilmer Ave, this single-tenant property sits on a 0.36-acre lot and offers significant potential for various uses. The building, constructed in 1972, is a Class C, one-story structure with 15 parking spaces. Its convenient location in central Anniston, adjacent to the Urban Core District, provides excellent visibility and accessibility. The property is just one block from Quintard Avenue, a major thoroughfare with a daily traffic count of 36,000 vehicles, ensuring high exposure for any business. The zoning is UC1, and the APN is 21-03-08-2-001-028.000. The entire 7,735 square feet is currently vacant, offering immediate occupancy. Property taxes are $0.46 per square foot. This versatile space is well-suited for auto repair, tire and auto shops, or other office/warehouse operations requiring ample space and high visibility. The property's strategic location and substantial size make it an attractive option for businesses seeking a prominent presence in Anniston's thriving commercial district. The cross street is 11th Ave, and the zip code is 36201.

• CAP approach

  CAP return

  Valuation

  6%

  $1,899,200

  6.5%

  $1,753,110

  7%

  $1,627,890

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,316,790

  Geo Method

  $1,576,850

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,438,900

  Mixed-Use / Specialty

  $1,738,720

  Hospitality / Lodging

  $1,265,030

  Office

  $1,719,900

  Institutional / Educational

  $1,804,650

  Residential Income

  $2,111,440

  Multifamily

  $2,577,510

  Automotive / Energy

  $1,546,840

  Parking / Income-Based Land

  $541,846

  Restaurant / Food Service

  $886,934

  Healthcare / Senior Housing

  $1,791,370

Location Insight

City

Anniston

County

Calhoun

State

Alabama

Latitude

33.6582

Longitude

-85.8287

CBSA code

11500

CBSA name

ANNISTON-OXFORD, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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