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Investment Opportunity 100 Hall St

20,400 SF Industrial Building Enterprise, AL 36330 $1,985,263 ($97/SF) 9.50% Cap Rate

Investment Highlights

  • Located less than 1 mile from Boll Weevil Circle and off Hwy. 84 (N. Main Street)
  • Loading Dock | 6 total roll-up doors: 8' - 16' high
  • New U-Haul storage and Legacy Travel Center under development nearby along with proposed manufacturing plant site across Hwy. 84
  • Leased through May 2027 with negotiable renewals - contact broker for details
  • Renovations in 2022-2023: elastomeric roofing spray, interior wall + tuff grip floor paint, small office space added, 4 HVAC units added in 2023
  • New exterior re-paint in progress

Executive Summary

Investment Opportunity: Leased property, newly improved, consisting of a 20,400 SF concrete block building on 2.3-acres. The property is situated less than 1 mile from Boll Weevil Circle and just off N. Main Street (Hwy. 84) in Enterprise, Alabama with access to AL-167. The area has seen significant growth with new U-Haul storage and Legacy Travel Center under development nearby along with proposed manufacturing plant site across Hwy. 84. Surrounding establishments in the area include Army National Guard, UPS, Rent Ready Equipment, AirGas, Enterprise Civic Center and Yancey Parker Industrial Park.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,985,263
Price Per SF $97
Sale Type Investment
Cap Rate 9.50%
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 2.30 AC
Rentable Building Area 20,400 SF
No. Stories 1
Year Built/Renovated 1985/2023
Tenancy Single
Parking Ratio 0.74/1,000 SF
Clear Ceiling Height 24 FT
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 6

Amenities

  • Security System
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water - City
  • Sewer - City
  • Heating - Electric

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-03-05-3-000-008.000
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$6,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code M-2
M-2
  • Listing ID: 34226719

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 100 Hall St, Enterprise, AL 36330

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