723 Battle StTalladega, AL 35160

  • Retail properties
  • 10,608 SF
For Sale
$1,400,000 View listing

Property Details for 723 Battle St

Year built
1976
Lot size
2.28 AC
Property size (Sq ft)
10,608 SF
Property type
Retail properties
APN
13-07-26-1-007-005.000
APU
1307261007005000

Description

This exceptional 3.2-acre commercial property in Talladega, Alabama, presents a significant investment opportunity. Located at 723 Battle St E, zip code 35160, the property boasts a substantial 15,236 square foot building, previously utilized as a Ford dealership. The building's layout includes a showroom, multiple offices, a service department, and a parts department, offering versatile space for a variety of commercial uses. A separate 4,000 square foot paint shop adds further potential. The expansive lot size provides ample room for expansion, additional construction, or ample parking. The property's history as a well-established dealership speaks to its prime location and visibility within the Talladega community. This is a rare opportunity to acquire a large, established commercial property in a desirable location, ready for redevelopment or repurposing to suit a wide range of business needs. The asking price for this significant property is $1,400,000. The property is situated in Talladega County, Alabama. Detailed site plans and building specifications are available upon request. This is a turnkey opportunity for an investor seeking a substantial commercial property with significant potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,591,890
    6.5%
    $2,392,510
    7%
    $2,221,620
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,797,050
    Geo Method
    $2,151,960
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,693,150
    Mixed-Use / Specialty
    $2,372,870
    Hospitality / Lodging
    $1,726,420
    Office
    $2,347,190
    Institutional / Educational
    $2,462,850
    Residential Income
    $2,881,540
    Multifamily
    $3,517,590
    Automotive / Energy
    $2,111,020
    Parking / Income-Based Land
    $739,470
    Restaurant / Food Service
    $1,210,420
    Healthcare / Senior Housing
    $2,444,730

Location Insight

City
Talladega
County
Talladega
State
Alabama
Latitude
33.4373
Longitude
-86.0865
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
$5,003
$23,480
$69,920
$93,400
-
$117,400
$532,400
$649,800

FAQs

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