7040 Bankhead HwyDora, AL 35062

Property Details for 7040 Bankhead Hwy

Year built

1970

Lot size

1.80 AC

Property size (Sq ft)

5,480 SF

Zone code

I1

Property type

Gas stations

APN

06-00-19-0-000-046.002

APU

600190000046002

Description

This exceptional 1.8-acre industrial property located at 7040 Bankhead Highway in Dora, Alabama, presents a fantastic opportunity for a variety of businesses. Priced at $199,900, this property offers ample space for a wide range of uses. The existing shop building is ideally suited for automotive repair, boat maintenance, or any trade requiring a substantial workspace. The expansive 1.8-acre lot provides generous room for expansion, storage, or outdoor operations. The property's location in Dora, Alabama offers convenient access to transportation routes, making it an attractive location for businesses needing easy access to major highways. This is a turnkey opportunity for an entrepreneur seeking a well-situated industrial space. The property is ready for immediate occupancy, allowing for a quick start to operations. Serious inquiries are encouraged to explore the potential of this versatile industrial property. The square footage of the building is not currently available, but the substantial lot size and existing structure offer significant potential. This is a rare opportunity to acquire a well-located industrial property at an attractive price point. Don't miss out on this chance to establish or expand your business in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,703,794

  6.5%

  $1,572,733

  7%

  $1,460,395

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,249,446

  Geo Method

  $2,693,700

• Alternative Use

  Use

  Valuation

  Residential

  $1,326,660

  Hospitality

  $1,215,213

  Educational

  $1,011,043

  Medical

  $1,045,814

  Retail

  $1,572,733

Location Insight

City

Dora

County

Jefferson

State

Alabama

Latitude

33.7158

Longitude

-86.9938

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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