2336 Brindlee Mountain PkwyArab, AL 35016

  • Retail space
  • 2,079 SF
For Sale
$350,000 View listing

Property Details for 2336 Brindlee Mountain Pkwy

Year built
2002
Lot size
0.50 AC
Property size (Sq ft)
2,079 SF
Zone code
11
Property type
Retail space
APN
13-01-11-0-000-032.000
APU
1301110000032000

Description

This exceptional 13,000 square foot commercial building presents a remarkable investment opportunity in the thriving town of Arab, Alabama. Strategically situated on Brindlee Mountain Parkway (Highway 431), this property boasts unparalleled visibility and accessibility, ensuring high traffic flow. The building has a proven track record as a successful business location for several years, offering a solid foundation for a variety of commercial ventures. The 0.29-acre lot provides ample parking for customers and employees, facilitating ease of access and a positive customer experience. The building is being sold "as is," allowing for immediate customization and development to suit the buyer's specific needs and vision. Its prime location on a major highway guarantees significant exposure to a large customer base. The spacious interior offers versatility for a wide range of commercial uses, making it an ideal choice for entrepreneurs and investors seeking a high-potential property in a growing market. Don't miss this chance to acquire a well-established commercial space with significant upside potential. The asking price of $350,000 reflects a compelling value proposition for a property of this caliber and location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $646,385
    6.5%
    $596,663
    7%
    $554,044
  • Comparable approach

    Method
    Valuation
    Relative Method
    $853,394
    Geo Method
    $1,021,935
  • Alternative Use

    Use
    Valuation
    Residential
    $503,308
    Hospitality
    $461,027
    Educational
    $383,569
    Medical
    $396,761
    Retail
    $596,663

Location Insight

City
Arab
County
Marshall
State
Alabama
Latitude
34.3586
Longitude
-86.5052
CBSA code
10700
CBSA name
ALBERTVILLE, AL MICROPOLITAN STATISTICAL AREA

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
$866
$3,120
$18,260
$21,380
-
$15,600
$91,300
$106,900

FAQs

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