6625 Aaron Aronov DrFairfield, AL 35064

  • Retail properties
  • 4,344 SF
For Sale
$250,000 View listing

Property Details for 6625 Aaron Aronov Dr

Year built
2002
Lot size
0.81 AC
Property size (Sq ft)
4,344 SF
Zone code
C1
Property type
Retail properties
Property subtype
Drive through restaurants
APN
30-00-14-4-002-012.002
APU
3000144002012002

Description

This exceptional retail property, a former Sonic Drive-In, presents a unique investment opportunity in Fairfield, Alabama. Located at 6625 Aaron Aronov Drive, this QSR/Fast Food site boasts a highly visible position directly across from the Western Hills Mall, ensuring significant foot and vehicle traffic. The property benefits from its adjacency to a Dollar Tree, further enhancing its accessibility and potential customer base. The strategic location is also complemented by its proximity to a newly constructed Milo's Hamburgers, indicating a thriving commercial area with strong consumer demand. The site features a lighted intersection with four convenient points of access, providing ease of entry and exit for customers. The asking price for this prime retail space is $250,000. This presents a compelling opportunity for a quick-service restaurant or similar business seeking a high-traffic location in a well-established commercial area of Jefferson County, Alabama, with a zip code of 35064. The property's geographic coordinates are 33.4702038 latitude and -86.9209254 longitude. This is a turn-key opportunity for an entrepreneur looking to establish or expand their business in a vibrant and accessible location. The property's previous use as a drive-through restaurant suggests existing infrastructure suitable for similar operations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,350,599
    6.5%
    $1,246,707
    7%
    $1,157,656
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,783,137
    Geo Method
    $2,135,298
  • Alternative Use

    Use
    Valuation
    Residential
    $1,051,644
    Hospitality
    $963,300
    Educational
    $801,454
    Medical
    $829,018
    Retail
    $1,246,707
6625 Aaron Aronov Dr, Fairfield, Alabama

Location Insight

City
Fairfield
County
Jefferson
State
Alabama
Latitude
33.4701
Longitude
-86.9209
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN 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
2022
$8,272
$49,540
$80,700
$130,240
-
$247,700
$403,500
$651,200

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