1256 Mccaig RdLincoln, AL 35096

  • Office buildings
  • 2,458 SF
For Sale
$595,000 View listing

Property Details for 1256 Mccaig Rd

Year built
2012
Lot size
2.00 AC
Property size (Sq ft)
2,458 SF
Property type
Office buildings
APN
03-09-31-0-000-043.008
APU
309310000043008

Description

This 3,800-square-foot industrial property, built in 2006, is situated on a 2-acre lot at 1256 McCaig Rd, Lincoln, Alabama, 35096 (APN: 03-09-31-0-000-043.008). The single-story building offers a flexible space ideal for distribution, warehousing, or mixed-use operations. It features one loading dock and one dock-high door. The property boasts excellent visibility with 170 feet of frontage along Interstate 20, an area with an AADT of 50,386. Its convenient location off Exit 165 provides easy access to major transportation routes and is strategically positioned near significant traffic generators, including Lohr, Aer-Flo Sports, the Honda Manufacturing plant, and Logan Martin Lake. The city of Lincoln has future plans for road improvements on McCaig Road, further enhancing the property's accessibility and value. This owner-user investment opportunity is priced at $595,000. The net rentable square footage is 3,800 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $519,878
    6.5%
    $479,887
    7%
    $445,609
  • Comparable approach

    Method
    Valuation
    Relative Method
    $400,384
    Geo Method
    $479,457
  • Alternative Use

    Use
    Valuation
    Residential
    $595,060
    Hospitality
    $545,072
    Educational
    $453,493
    Medical
    $469,090
    Retail
    $705,434

Location Insight

City
Lincoln
County
Talladega
State
Alabama
Latitude
33.5901
Longitude
-86.1466
CBSA code
45180
CBSA name
TALLADEGA-SYLACAUGA, AL MICROPOLITAN 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
2023
$2,377
$5,100
$39,080
$44,180
-
$25,500
$279,300
$304,800

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