1111 County Road 212Lanett, AL 36863

Property Details for 1111 County Road 212

Year built

1956

Lot size

0.50 AC

Property size (Sq ft)

1,200 SF

Property type

Retail properties

Property subtype

Retail space

APN

12-10-01-12-0-001-010.002

APU

121001120001010002

Description

This exceptional 3,799 square foot retail property presents a remarkable investment opportunity in Lanett, Alabama. Situated on a half-acre lot at 1111 County Road 212, this "Other" type property boasts significant growth potential due to its strategic location. Just minutes from the Chattahoochee River and Lake West Point, the property benefits from high visibility and convenient access for customers. The existing building offers ample space for a wide variety of merchandise, with significant room for expansion within the structure itself. Furthermore, the substantial outdoor area provides additional opportunities for display, storage, or even outdoor sales, depending on the business model. The possibilities for this property are truly endless, making it an ideal choice for entrepreneurs seeking a thriving retail location with room to grow and expand their business. The asking price for this unique property is $355,000. This represents a compelling investment in a high-growth area with significant potential for long-term returns. Don't miss this chance to secure a prime retail location in a desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $224,370

  6.5%

  $207,111

  7%

  $192,317

• Comparable approach

  Method

  Valuation

  Relative Method

  $589,861

  Geo Method

  $589,861

• Alternative Use

  Use

  Valuation

  Residential

  $174,706

  Hospitality

  $160,030

  Educational

  $133,143

  Medical

  $137,722

  Retail

  $207,111

Location Insight

City

Lanett

County

Chambers

State

Alabama

Latitude

32.906

Longitude

-85.1936

CBSA code

29300

CBSA name

LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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