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1506 College Ave

4,070 SF Office Building Jackson, AL 36545 £286,377 (£70/SF) 10% Net Initial Yield

Investment Highlights

  • Office Space with private parking in front and rear.
  • Located ±0.5 miles from Highway 43.
  • ±67 miles to Mobile.
  • Centrally located on College Ave- surrounded by National Retailer, Restaurants and Hotels.
  • Less than 1 mile from Coastal Alabama Community College: Jackson Site.
  • ±148 miles to Montgomery.

Executive Summary

±4,090 SF Office Space with private parking in front and rear.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
4,070 SF
Building Class
C
Year Built
1974
Price
£286,377
Price Per SF
£70
Net Initial Yield
10%
NOI
£28,638
Tenancy
Single
Number of Floors
1
Typical Floor Size
4,070 SF
Building FAR
0.32
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
B-3 - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3509324000053000
Land Assessment
£6,166
Improvements Assessment
£29,827
Total Assessment
£35,993
  • Listing ID: 30966190

  • Date on Market: 15/02/2024

  • Last Updated:

  • Address: 1506 College Ave, Jackson, AL 36545

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