This exceptional Leeds, Alabama restaurant presents a unique investment opportunity. The 3,164 square foot building, constructed in 1978, sits on a generous 2.61-acre lot and is ideally situated for continued success. The property boasts a versatile layout, ample parking, and is zoned R3 and B2, offering flexibility for various uses. The well-maintained building offers significant potential for customization and expansion, catering to a range of hospitality concepts. Its prime location in the thriving Leeds area ensures high visibility and accessibility. This turnkey opportunity includes the business, real estate, and fixtures, fittings, and equipment (FF&E), providing a seamless transition for a new owner. The established presence in a vibrant community, combined with the ample space and expansive lot, presents a compelling prospect for entrepreneurs seeking to establish or relocate a thriving restaurant business. This is a chance to acquire a distinctive property with significant growth potential in a dynamic market. The property's history and existing infrastructure provide a solid foundation for future success. Don't miss this chance to own a piece of Leeds's vibrant culinary scene.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,958,742
6.5%
$1,808,069
7%
$1,678,922
Comparable approach
Method
Valuation
Relative Method
$2,586,041
Geo Method
$3,096,772
Alternative Use
Use
Valuation
Residential
$1,525,174
Hospitality
$1,397,051
Educational
$1,162,330
Medical
$1,202,305
Retail
$1,808,069
Location Insight
City
Leeds
County
Jefferson
State
Alabama
Latitude
33.5457
Longitude
-86.5501
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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