911 2Nd AveOneonta, AL 35121

Property Details for 911 2Nd Ave

Year built

1981

Construction

LOG

Lot size

0.50 AC

Property size (Sq ft)

1,524 SF

Zone code

4

Property type

Investment properties

Property subtype

Retail residential properties

APN

16-09-31-1-001-005

APU

1609311001005

Description

This exceptional retail property at 911 2nd Avenue in Oneonta, Alabama, presents a fantastic opportunity for entrepreneurs. Boasting 0.33 acres of land, this location offers unparalleled visibility and road frontage, ensuring maximum customer exposure. A key advantage is the inclusion of a modern, eye-catching digital sign, ideal for effective marketing and attracting potential clients. Recent significant upgrades enhance the property's appeal and functionality. These improvements include a brand-new roof, providing lasting protection and peace of mind. The parking lot underwent a complete renovation just four years ago, ensuring ample and well-maintained parking for customers. Inside, the building features a newly installed HVAC system for optimal climate control, fresh carpeting for a welcoming atmosphere, new ceilings for a modern aesthetic, and updated plumbing for efficient and reliable operation. This turnkey property is perfectly suited for a restaurant or any startup business seeking a high-traffic location with significant curb appeal and modern amenities. The combination of prime location, recent renovations, and marketing advantages makes this an exceptional investment opportunity. Don't miss out on this chance to establish your business in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $399,692

  6.5%

  $368,947

  7%

  $342,594

• Comparable approach

  Method

  Valuation

  Relative Method

  $384,779

  Geo Method

  $460,771

• Alternative Use

  Use

  Valuation

  Residential

  $368,947

  Hospitality

  $337,953

  Educational

  $281,173

  Medical

  $290,843

  Retail

  $437,381

Location Insight

City

Oneonta

County

Blount

State

Alabama

Latitude

33.9538

Longitude

-86.4664

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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