206 Main StWarrior, AL 35180

  • Medical offices
  • 1,035 SF
For Sale
$130,000 View listing

Property Details for 206 Main St

Year built
1940
Lot size
0.09 AC
Property size (Sq ft)
1,035 SF
Zone code
B
Property type
Medical offices
Property subtype
Medical centers
APN
03-00-13-3-013-006.000
APU
300133013006000

Description

This 130,000 USD commercial office building presents a compelling investment opportunity in the thriving city of Warrior, Alabama. Strategically located just off Main Street N and minutes from Interstate 65, this property enjoys exceptional visibility and convenient access to major transportation routes. The building itself offers a range of attractive features, including a recently updated interior. New thermal pane windows enhance energy efficiency and provide natural light throughout the front and back of the structure. The floors have been recently updated, contributing to a modern and well-maintained aesthetic. Furthermore, significant investments have been made in the building's infrastructure. The roof is only five years old, ensuring long-term protection and minimizing maintenance concerns. The HVAC system is a mere two years old, providing reliable climate control and contributing to a comfortable working environment. The 0.09-acre lot provides ample space for parking and potential future expansion. This property is being sold "as is," presenting a unique chance for buyers to customize and further enhance the space to meet their specific business needs. Given the rapid growth of the Warrior area, this is an exceptional opportunity for businesses seeking a prominent location with excellent accessibility. Don't miss out on this chance to establish your business in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $218,907
    6.5%
    $202,068
    7%
    $187,635
  • Comparable approach

    Method
    Valuation
    Relative Method
    $168,591
    Geo Method
    $201,887
  • Alternative Use

    Use
    Valuation
    Residential
    $250,564
    Hospitality
    $229,516
    Educational
    $190,954
    Medical
    $197,521
    Retail
    $297,040

Location Insight

City
Warrior
County
Jefferson
State
Alabama
Latitude
33.815
Longitude
-86.8076
CBSA code
13820
CBSA name
BIRMINGHAM-HOOVER, AL METROPOLITAN 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
2022
$511
$1,380
$10,260
$11,640
-
$6,900
$51,300
$58,200

FAQs

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