327 Decatur Hwy, Gardendale, AL 35071 | MLS 568135 | Listing Information
Property Search
Agent/Office Search
Area Information
Services
Relocation
Careers
//testing:True, 327 Decatur Hwy

327 Decatur Hwy, Gardendale, AL 35071

Sold Price:

Date:05/19/2016
|
|
MLS# 568135
Skip Slideshow
Last Updated: 2/20/2018 9:27 AM
Description for 327 Decatur Hwy Gardendale, AL 35071
Great investment to add to your investment portfolio or relocate your business! This bldg is located 8 miles from the Central Business district of Birmingham within the city limits of Gardendale. This building fronts Decatur Hwy (HWY 31) with an average daily traffic count of 19000+/- cars per the Gardendale Chamber of Commerce. Building consists of 5700+/- square feet with a rental rate of 13/square foot. Excellent opportunity to renovate, increase occupancy and rents and create a Positive Cash Flow Investment. Proforma NOI is $26,016. using a 9% caprate building value is 289k. Bank Owned property sold as-is.
Price
Sold Price:

Sold Date:05/19/2016
Jefferson
568135
Closed
Description
Great investment to add to your investment portfolio or relocate your business! This bldg is located 8 miles from the Central Business district of Birmingham within the city limits of Gardendale. This building fronts Decatur Hwy (HWY 31) with an average daily traffic count of 19000+/- cars per the Gardendale Chamber of Commerce. Building consists of 5700+/- square feet with a rental rate of 13/square foot. Excellent opportunity to renovate, increase occupancy and rents and create a Positive Cash Flow Investment. Proforma NOI is $26,016. using a 9% caprate building value is 289k. Bank Owned property sold as-is.
Listing Information
Property Type: General Commercial, Other
0.56 Acres 1974
Neighborhood
Room Information
Exterior / Lot Features
None
COMM
Driving Directions
HWY 31 N, BLDG IS ON RIGHT JUST INSIDE OF GARDENDALE CITY LIMITS
Financial Considerations
$2,111

Gardendale Real Estate

Gardendale is located in Alabama. Gardendale, Alabama 35071 has a population of 13,711.

The median household income in Gardendale, Alabama 35071 is $56,852. The median household income for the surrounding county is $45,239 compared to the national median of $53,482. The median age of people living in Gardendale 35071 is 44 years.

Loading nearby sales and history ...
Courtesy: Marc Scholl - ARC Realty
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This content last refreshed on 2/20/2018 9:27 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
Mortgage Questions?
Mortgage Consultant -
  • Justin Drake
  • NMLSR ID 110999
  • Mortgage Loan Officer
  • HomeServices Lending

  • 2501 20th Place South
    Birmingham AL 35223
  • Office 205-445-1480
  • My Website