801 Daleville AveEnterprise, AL 36330

  • Retail space
  • 9,692 SF
For Sale
$400,000 View listing

Property Details for 801 Daleville Ave

Year built
1973
Lot size
1.00 AC
Property size (Sq ft)
9,692 SF
Property type
Retail space
APN
1605153002033000
APU
1605153002033000

Description

This exceptional investment opportunity presents a 9,682 square foot retail plaza ideally located in Enterprise, Alabama, at 801 Daleville Avenue. Situated on a one-acre lot between the downtown area and the main bypass, this property benefits from excellent visibility and high traffic counts. The B1 zoning allows for a wide range of commercial uses, maximizing potential for future growth and development. The plaza comprises four individual units, each equipped with its own power and water meter, ensuring efficient utility management. Currently, all units are leased, generating a substantial annual income of $48,000. The property features ample on-site parking and exterior lighting, enhancing both tenant and customer convenience. This turnkey investment offers a stable income stream with significant upside potential, making it an attractive proposition for savvy investors seeking a well-located, income-producing commercial property in a thriving Alabama market. The property's size, location, and current occupancy make it a rare find in the Enterprise commercial real estate market. Don't miss this chance to acquire a proven, profitable investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,439,048
    6.5%
    $1,328,352
    7%
    $1,233,470
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,736,291
    Geo Method
    $1,736,291
  • Alternative Use

    Use
    Valuation
    Residential
    $1,120,514
    Hospitality
    $1,026,385
    Educational
    $853,940
    Medical
    $883,309
    Retail
    $1,328,352

Location Insight

City
Enterprise
County
Coffee
State
Alabama
Latitude
31.3138
Longitude
-85.8407
CBSA code
21460
CBSA name
ENTERPRISE-OZARK, AL MICROPOLITAN 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
0
-
-
-
$41,120
-
$30,000
$175,580
$205,580

FAQs

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