3919 Highway 25 - Service FOR SALE


Montevallo, AL 35115
$500,000 USD
205-427-7171
3919 Highway 25, Montevallo, AL for Sale
$500,000 USD
Service - FOR SALE
1/17
null | 5.34% Cap Rate

3919 Highway 25
Montevallo, AL 35115


HIGHLIGHTS

  • Very desirable are.
  • Long term tenant.
  • Equity built in.

OVERVIEW

I am the Owner and Listing Agent This offering is for the mechanic shop building only. All tools, equipment, inventory, and business assets located inside the building are the property of the current tenant and are not included in the sale. The building has been occupied by the same tenant for approximately 14 years, demonstrating a strong and stable tenancy. The current lease extends through January 1, 2029, and the tenant has expressed interest in renewing upon lease expiration. I only pay taxes and insurance. I estimate taxes after sale would be $5,100 and insurance around $3,000. The storage units located behind the building are NOT included in this sale. Please refer to the image gallery for the estimated property boundaries. Offers for the entire parcel are not desired, but would be entertained. Property lines, acreage, and legal description are subject to change pending completion of a survey. The asking price is based on a previous appraisal.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

5.34%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Moore Brothers Auto - Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Auto Repair, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

Lighting - Incandescent, Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34

LAND SF

14,810

ZONING

B-2

APN/PARCEL ID

36-2-04-4-001-004-001

ASK ABOUT THIS PROPERTY

Chuck HolderfieldKeller Williams Metro SouthMore Info
205-427-7171

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Chuck HolderfieldKeller Williams Metro SouthMore Info
205-427-7171

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.