1812 Main StAtmore, AL 36502

Property Details for 1812 Main St

Year built

1970

Construction

WOOD

Lot size

1.92 AC

Property size (Sq ft)

1,551 SF

Property type

Office properties

Property subtype

Other office properties

APN

26-09-32-3-003-001.000

APU

2609323003001000

Description

This exceptional 2,538 square foot retail space is available for lease on Milwaukee Avenue in Southwest Lubbock, Texas. Previously occupied by a beer, wine, and alcohol store, this second-generation space boasts a well-designed layout including an open retail showroom, a restroom, and a dedicated office area. The existing coolers will be removed before the lease commences, making the space immediately move-in ready for a new tenant. Located on the highly sought-after Milwaukee Avenue retail corridor, this property offers unparalleled visibility and accessibility. Its strategic position near Spur 327 and US 62/82 ensures high traffic volume and convenient access for customers. The area is experiencing significant growth and is home to a thriving mix of national and regional businesses, including Target, Cracker Barrel, Potbelly, Tikka Shack, Little Woodrows, F45 Fitness, Tru by Hilton, and Fairfield Inn. This prime location within a high-growth area of Southwest Lubbock presents a unique opportunity for businesses seeking a prominent presence in a bustling retail environment. The property is zoned AC and consists of a single, one-story building. Multiple tenants are permitted.

• CAP approach

  CAP return

  Valuation

  6%

  $210,059

  6.5%

  $193,901

  7%

  $180,051

• Comparable approach

  Method

  Valuation

  Relative Method

  $104,975

  Geo Method

  $110,261

• Alternative Use

  Use

  Valuation

  Residential

  $240,437

  Hospitality

  $220,239

  Educational

  $183,236

  Medical

  $189,538

  Retail

  $285,034

Location Insight

City

Atmore

County

Escambia

State

Alabama

Latitude

31.0004

Longitude

-87.4904

CBSA code

12120

CBSA name

ATMORE, AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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