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

327 Decatur Hwy, Gardendale, AL 35071

Sold Price:

Date:05/19/2016
|
|
MLS# 568135
Skip Slideshow
Last Updated: 12/7/2016 5:51 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 13,743.

The median household income in Gardendale, Alabama 35071 is $59,899. The median household income for the surrounding county is $45,415 compared to the national median of $53,046. The median age of people living in Gardendale 35071 is 44.1 years.

Loading nearby sales and history ...
Courtesy: 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.
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