1734 Highway 43Demopolis, AL 36732

  • Retail residential properties
  • 7,500 SF
For Sale
$639,000 View listing

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
1734 Highway 43, Demopolis, Alabama

Location Insight

City
Demopolis
County
Marengo
State
Alabama
Latitude
32.4959
Longitude
-87.8132

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,275
-
-
$75,660
-
$25,000
$353,300
$378,300

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