29891 Woodrow LnSpanish Fort, AL 36527

Property Details for 29891 Woodrow Ln

Year built

2005

Lot size

1.90 AC

Property size (Sq ft)

24,893 SF

Property type

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.

• 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

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