1022 Wilmer AveAnniston, AL 36201

  • Retail properties
  • 7,773 SF
For Lease
$8.40/SF/YR View listing

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,416,714
    6.5%
    $2,230,813
    7%
    $2,071,470
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,190,682
    Geo Method
    $3,820,828
  • Alternative Use

    Use
    Valuation
    Residential
    $1,881,774
    Hospitality
    $1,723,695
    Educational
    $1,434,094
    Medical
    $1,483,415
    Retail
    $2,230,813
1022 Wilmer Ave, Anniston, Alabama

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

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
$3,653
$9,500
$59,812
$69,312
-
$47,500
$299,060
$346,560

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