1451 Main StGraysville, AL 35073

Property Details for 1451 Main St

Year built

1979

Lot size

1.74 AC

Property size (Sq ft)

12,400 SF

Zone code

B1

Property type

Healthcare properties

Property subtype

Medical offices

APN

15-00-28-3-000-090.000

APU

1500283000090000

Description

This exceptional 1.74-acre commercial property in Graysville, Alabama, presents a remarkable investment opportunity. Located at 1451 S MAIN STREET, the brick building previously served as a doctor's office and pharmacy, offering a versatile layout suitable for a wide range of commercial uses. The property boasts significant recent upgrades, including a completely updated electrical system and modern HVAC systems, ensuring energy efficiency and occupant comfort. The commercial roof is only three years old, minimizing maintenance concerns. The spacious interior provides ample room for customization and expansion, allowing businesses to tailor the space to their specific needs. Whether you envision a medical practice, office space, daycare center, or retail establishment, this property offers the flexibility to accommodate diverse business models. Its prime location and adaptable design make it an ideal investment for entrepreneurs and established businesses alike. The substantial size and modern infrastructure combine to create a compelling opportunity for growth and success. This property is ready for immediate occupancy and offers significant potential for return on investment. Don't miss this chance to acquire a well-maintained, adaptable commercial space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,622,654

  6.5%

  $2,420,912

  7%

  $2,247,989

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,019,836

  Geo Method

  $2,418,744

• Alternative Use

  Use

  Valuation

  Residential

  $3,001,930

  Hospitality

  $2,749,752

  Educational

  $2,287,761

  Medical

  $2,366,441

  Retail

  $3,558,740

Location Insight

City

Graysville

County

Jefferson

State

Alabama

Latitude

33.6129

Longitude

-86.9642

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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