1570 Parker LnEnterprise, AL 36330

Property Details for 1570 Parker Ln

Year built

1979

Lot size

4.53 AC

Property size (Sq ft)

24,000 SF

Property type

Flex space

APN

1603053000008006

APU

1603053000008006

Description

This newly renovated 24,000-square-foot warehouse, located at 1570 Parker Ln, Enterprise, AL, presents a significant opportunity. Situated on a 2.3-acre lot at the corner of US Hwy-84 and N. Industrial Park Road, this single-story building boasts excellent visibility and accessibility. The property features a 23-foot clear ceiling height, 30 parking spaces, and one drive-in door. Recent renovations include a new 24-gauge metal siding, metal roof, LED lighting, and a repaved parking lot with a new drive-in ramp. Five new 14' x 14' automatic roll-up doors enhance functionality. The building's history in transport logistics is reflected in its existing overhead hoist tracks and rail crane system, ideal for heavy-duty operations. Three-phase power (240V, 1600 amps) is available. The M-2 zoning allows for diverse uses. Adjacent WGCR/G&W rail service provides added logistical advantages. The property's location offers easy access to AL-167 via N. Industrial Park Road, placing it conveniently between U-Haul and UPS, and across from a potential new manufacturing plant site. Office space can be customized to tenant specifications. The property's APN is 19 16 03 05 3 000 008.006. This is a prime location for businesses seeking efficient warehouse and distribution space with excellent infrastructure and accessibility. Built in 1979 and extensively renovated in 2024, this property offers a blend of established infrastructure and modern upgrades.

• CAP approach

  CAP return

  Valuation

  6%

  $6,567,640

  6.5%

  $6,062,430

  7%

  $5,629,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,729,860

  Geo Method

  $2,729,860

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $2,899,400

  Mixed-Use / Specialty

  $2,724,060

  Hospitality / Lodging

  $1,783,730

  Office

  $2,536,010

  Institutional / Educational

  $2,772,950

  Residential Income

  $3,244,350

  Multifamily

  $4,805,840

  Automotive / Energy

  $2,376,810

  Parking / Income-Based Land

  $983,229

  Restaurant / Food Service

  $1,064,660

  Healthcare / Senior Housing

  $2,962,680

Location Insight

City

Enterprise

County

Coffee

State

Alabama

Latitude

31.3424

Longitude

-85.8683

CBSA code

21460

CBSA name

ENTERPRISE-OZARK, AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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