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510 E Laurel St

24,291 SF 49% Leased Office Building Scottsboro, AL 35768 £1,106,014 (£46/SF)

Investment Highlights

  • Easy access to main roads.
  • Ample Parking spaces
  • Lots of natural light.

Executive Summary

Introducing a prime investment opportunity located at 510 E Laurel St, Scottsboro, AL 35768. This three-story, 24,291 SF building presents a versatile space suitable for various purposes which includes a 2,507 SF Bank Drive-Thru. Featuring an industrial kitchen on the third floor and carpeted flooring throughout, this property is ready for customization to match your vision. Don't miss out on the chance to acquire this expansive property that holds endless potential for growth and development. Strategically positioned in Scottsboro, Alabama, a thriving location with a population of 11.2k and a rising median income trajectory, this property is poised for success. The area boasts a diverse range of top employment categories, indicating a strong economic foundation. With an ideal occupant ratio projected by 2028 and a promising demographic landscape, this property offers a lucrative opportunity for investors seeking a strategic addition to their portfolio.

Property Facts

Sale Type
Investment NNN
Sale Condition
Tenants option to buy property
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
24,291 SF
Building Class
B
Year Built
1980
Price
£1,106,014
Price Per SF
£46
Percent Leased
49%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
8,097 SF
Building FAR
0.18
Land Acres
3.17 AC
Zoning
C-2, Commercial District
Parking
90 Spaces (3.71 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 4,897 SF
  • Office
  • Spec Suite
  • Now

2nd and 3rd floor both have 8,700 SQ FT available. There are private restrooms. 3rd floor is ideal for company parties, luncheons, meetings, receptions, etc. It includes industrial kitchen with a gas 6 burner stove, industrial dish washing station, and industrial refrigerator. There is space available for up to 2-3 different businesses.

  • 3rd Floor
  • 7,522 SF
  • Office
  • Spec Suite
  • Now
Space Size Space Use Condition Available
2nd Floor 4,897 SF Office Spec Suite Now
3rd Floor 7,522 SF Office Spec Suite Now

2nd Floor

Size
4,897 SF
Space Use
Office
Condition
Spec Suite
Available
Now

3rd Floor

Size
7,522 SF
Space Use
Office
Condition
Spec Suite
Available
Now

2nd Floor

Size 4,897 SF
Space Use Office
Condition Spec Suite
Available Now

2nd and 3rd floor both have 8,700 SQ FT available. There are private restrooms. 3rd floor is ideal for company parties, luncheons, meetings, receptions, etc. It includes industrial kitchen with a gas 6 burner stove, industrial dish washing station, and industrial refrigerator. There is space available for up to 2-3 different businesses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-04-19-4-000-066.000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£299,331
  • Listing ID: 31833943

  • Date on Market: 16/05/2024

  • Last Updated:

  • Address: 510 E Laurel St, Scottsboro, AL 35768

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