29891 Woodrow LnSpanish Fort, AL 36527
- Office properties
- 24,893 SF
Property Details for 29891 Woodrow Ln
- Year built
- 2005
- Lot size
- 1.90 AC
- Property size (Sq ft)
- 24,893 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 32-08-27-0-000-012.067
- APU
- 3208270000012067
Description
This exceptional 4,399 square foot office space is located at 29891 Woodrow Ln, Spanish Fort, AL 36527, near Highway 181. The property is part of a larger Class B building totaling 24,621 square feet, offering a single-tenant occupancy. The space is currently vacant and delivered in a "vanilla shell" condition, allowing for complete customization to suit your specific business needs. The landlord is offering tenant improvements (TI) contingent upon the lease term. The building features 76 total parking spaces for ample client and employee parking. While the building does not have elevators, the single-story layout ensures easy accessibility. The property is zoned B-2, making it ideal for a variety of office uses, including medical, traditional, and executive offices. This location provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in Spanish Fort. The property's address is conveniently situated near Highway 181, ensuring easy access for employees and clients. This is a rare opportunity to secure a well-located, adaptable office space in a thriving Alabama community. Don't miss this chance to establish your business in this prime location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,371,374
- 6.5%
- $3,112,038
- 7%
- $2,889,750
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,684,807
- Geo Method
- $1,769,643
-
Alternative Use
- Use
- Valuation
- Residential
- $3,858,927
- Hospitality
- $3,534,756
- Educational
- $2,940,876
- Medical
- $3,042,017
- Retail
- $4,574,696
Location Insight
- City
- Spanish Fort
- County
- Baldwin
- State
- Alabama
- Latitude
- 30.6656
- Longitude
- -87.8533
- CBSA code
- 19300
- CBSA name
- DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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