123 Lindsey RdCullman, AL 35055

Property Details for 123 Lindsey Rd

Year built

2015

Lot size

5.70 AC

Property size (Sq ft)

4,062 SF

Property type

Turn key restaurants

APN

17-08-33-0-001-065.000

APU

1708330001065000

Description

This exceptional 5.7-acre commercial property located at 123 Lindsey Road in Cullman, Alabama presents a unique investment opportunity. Situated just seven-tenths of a mile from Interstate 65 at the Good Hope exit, this location boasts unparalleled visibility and accessibility. The existing structure, designed to evoke the aesthetic of a historic cotton gin, offers substantial square footage adaptable to a variety of commercial uses. While currently configured as a restaurant, the building's versatile layout is well-suited for conversion into retail space or other commercial ventures. The building features modern insulation despite its charming, rustic exterior. The expansive 5.7-acre lot provides ample space for expansion, parking, or outdoor amenities, enhancing the property's overall appeal and potential. This property is priced at $1,200,000 and represents a rare chance to acquire a high-traffic, strategically located commercial asset in a thriving Alabama market. The combination of prime location, versatile building, and generous land area makes this an exceptional opportunity for investors seeking strong returns and significant development potential. The property's proximity to I-65 ensures easy access for customers and employees, further enhancing its commercial viability. Serious inquiries are encouraged to explore the full potential of this remarkable property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,262,922

  6.5%

  $1,165,774

  7%

  $1,082,505

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,667,381

  Geo Method

  $1,996,681

• Alternative Use

  Use

  Valuation

  Residential

  $983,374

  Hospitality

  $900,766

  Educational

  $749,426

  Medical

  $775,200

  Retail

  $1,165,774

Location Insight

City

Cullman

County

Cullman

State

Alabama

Latitude

34.1207

Longitude

-86.857

CBSA code

18980

CBSA name

CULLMAN, AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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