990 Ross St - Heflin AL | 990 Ross St
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990 Ross St - Heflin AL 990 Ross St
2,786 SF 28% Leased Office Building Heflin, AL 36264 $222,500 ($80/SF) 10.11% Cap Rate
Investment Highlights
- Great visibility.
- great walkability.
- Easy parking access.
- recently renovated.
Executive Summary
Prime commercial property, recently renovated in downtown Heflin, AL. Two units in building, both income producing. One unit houses a thriving salon, and the other a financial services agency. Tons of foot traffic and great visibility on HWY 78. Walking distance to restaurants, grocery stores, City Hall, courthouse and more.
Salon:
- kitchen/breakroom
- bathroom
- reception area
- office
- office/storage room
Financial Office:
- Kitchen/Break Room
- Sales room
- Manager's office/private bath
- team/customer bath
- tech closet/office
- space for 8 workspaces
- ample storage
- customer entrance facing street, employee entrance in rear
Salon:
- kitchen/breakroom
- bathroom
- reception area
- office
- office/storage room
Financial Office:
- Kitchen/Break Room
- Sales room
- Manager's office/private bath
- team/customer bath
- tech closet/office
- space for 8 workspaces
- ample storage
- customer entrance facing street, employee entrance in rear
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,786 SF
Building Class
B
Year Built/Renovated
1976/2020
Price
$222,500
Price Per SF
$80
Cap Rate
10.11%
NOI
$22,500
Percent Leased
28%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,786 SF
Building FAR
0.31
Lot Size
0.21 AC
Opportunity Zone
Yes
Parking
10 Spaces (3.59 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
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PROPERTY TAXES
Parcel Number | 15-02-09-1-004-031.000 | Improvements Assessment | $36,480 |
Land Assessment | $6,930 | Total Assessment | $43,410 |
PROPERTY TAXES
Parcel Number
15-02-09-1-004-031.000
Land Assessment
$6,930
Improvements Assessment
$36,480
Total Assessment
$43,410
Learn More About Investing in Office Space
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Presented by
Judd Edwards
990 Ross St - Heflin AL | 990 Ross St
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