401 Cedar AveDemopolis, AL 36732

Property Details for 401 Cedar Ave

Year built

1976

Construction

WOOD

Lot size

0.24 AC

Property size (Sq ft)

1,089 SF

Property type

Office properties

APN

206244026003000

APU

206244026003000

Description

This well-maintained two-story office building in Demopolis, Alabama, presents a fantastic opportunity for business owners seeking a prominent location. Situated at 401 Cedar Ave, 36732, this property boasts high visibility and offers ample space for various business needs. The main floor features four individual office spaces, a bathroom, and convenient storage. Beautiful hardwood flooring flows throughout this level. Upstairs, a large conference room provides a perfect setting for meetings and presentations. Additional office space, a storage area, a break room, and another bathroom complete the second floor. Parking is readily available, accommodating six to ten visitors. The building's size is not currently specified, however, the layout and features make it an ideal space for a variety of businesses. The property is priced at $160,000 and is ready for immediate occupancy. Its excellent condition and desirable location make it a compelling investment opportunity. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $147,488

  6.5%

  $136,143

  7%

  $126,419

• Comparable approach

  Method

  Valuation

  Relative Method

  $73,706

  Geo Method

  $212,420

• Alternative Use

  Use

  Valuation

  Residential

  $168,817

  Hospitality

  $154,636

  Educational

  $128,655

  Medical

  $133,080

  Retail

  $200,130

Location Insight

City

Demopolis

County

Marengo

State

Alabama

Latitude

32.5131

Longitude

-87.8349

Property Tax & Assessments

FAQs

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