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410-440 Al-13 Hwy

62,616 SF Retail Building Haleyville, AL 35565 £433,950 (£7/SF)

Investment Highlights

  • Below-Market Pricing | Priced At $550,000 ($8.78/SF), Well Below The $112/SF Submarket Average For Multi-Tenant Retail.
  • Growing Alabama Market | Positioned To Benet From Alabama’s Strong Economic Growth And Rising Retail Demand.
  • Appreciation Potential | Lease-Up Offers Strong Potential For Immediate Income And Long-Term Value Growth.
  • High Value-Add Potential | Fully Vacant 62,616 SF, Ideal For Leasing At Market Rates Of $9/SF To Increase Income And Property Value.
  • Business-Friendly Location | Alabama’s Low Taxes And Pro-Business Environment Attract New Retailers And Investors

Executive Summary

This 62,616-square-foot shopping center in Haleyville, Alabama, offers a compelling valueadd opportunity. Priced at just $550,000—or $8.78 per square foot—it provides significant upside compared to the submarket’s average sale price of $112 per square foot for multitenant retail buildings. Currently vacant, the property is a blank canvas for revitalization, with potential to capitalize on the submarket’s average rental rate of $9 per square foot. Situated on 8.01 acres, the site also allows for expansion or future development, supported by Alabama’s economic growth, business-friendly climate, and rising demand for adaptable retail spaces. By securing leases with regional and local tenants, an investor can rapidly add value while positioning the property to meet the needs of a growing consumer base. With advantageous pricing, acreage, and income potential, this asset is a rare chance to enter Alabama’s dynamic retail market with strong income growth and long-term appreciation potential.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
62,616 SF
Building Class
B
Year Built
1973
Price
£433,950
Price Per SF
£7
Tenancy
Single
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.15
Land Acres
9.50 AC
Opportunity Zone
Yes
Zoning
N/A
Parking
123 Spaces (1.96 Spaces per 1,000 SF Leased)
Frontage
495 ft on Al-13 Hwy

Amenities

  • Pylon Sign
  • Signalised Intersection
  • Skyway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-09-30-3-200-032.000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£175,493
  • Listing ID: 33994275

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 410-440 Al-13 Hwy, Haleyville, AL 35565

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