1734 Highway 43Demopolis, AL 36732
- Retail residential properties
- 7,500 SF
Property Details for 1734 Highway 43
- Year built
- 2004
- Lot size
- 1.36 AC
- Property size (Sq ft)
- 7,500 SF
- Property type
- Retail residential properties
- APN
- 109293008002004
- APU
- 109293008002004
Description
This exceptional mixed-use property, situated at 1734 Highway 43 in Demopolis, Alabama, presents a lucrative investment opportunity. The 1.37-acre lot houses a well-maintained retail space seamlessly integrated with an attached warehouse/shop. This prime location on a major highway ensures high visibility and accessibility, maximizing potential for business growth. The existing building offers ample space for retail operations and storage, while the generous land behind the structure provides additional potential for expansion, such as constructing another warehouse or creating secure storage for equipment and vehicles. This turnkey opportunity includes not only the real estate but also the established business, complete with all inventory, fixtures, and equipment, offering a comprehensive package for a total price of $875,000. The property's strategic location within Demopolis city limits and its versatile design make it an ideal investment for entrepreneurs seeking a blend of retail and warehousing capabilities. The existing infrastructure and operational business provide a solid foundation for immediate returns and future expansion. This is a rare chance to acquire a thriving business and a strategically located property in a desirable market. The property's size and location offer significant potential for increased revenue and long-term growth.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,301,867
- 6.5%
- $1,201,724
- 7%
- $1,115,886
-
Comparable approach
- Method
- Valuation
- Relative Method
- $806,922
- Geo Method
- $2,267,572
-
Alternative Use
- Use
- Valuation
- Residential
- $1,201,724
- Hospitality
- $1,100,772
- Educational
- $915,830
- Medical
- $947,326
- Retail
- $1,424,624
Location Insight
- City
- Demopolis
- County
- Marengo
- State
- Alabama
- Latitude
- 32.4959
- Longitude
- -87.8132
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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