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1500 County Road 208 - Eutaw Interstate Building 29 Acres of Commercial Land Offered at $1,081,838 CAD in Eutaw, AL 35462

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INVESTMENT HIGHLIGHTS

  • Lot Size Acres: 29 +/-
  • Lot Size Square Feet: 1263240
  • Lot Description: Entire Parcel Only

EXECUTIVE SUMMARY

Property has one 49,500 sq. ft. Building, with 30 FT. Ceiling Height, and for the most part, the building is wide open. This puts the building alone at just over $26. Per Foot.
Impossible to build anywhere near this cost today. Originally built for a casino and does have restrooms, offices, and kitchen area as well as storage spaces. Property also has an old restaurant Building (The Cotton Patch) on site. Possible uses include Major Truck and Car Fuel stop facility, manufacturing, major dry storage, logistics facility, RV Park, Manufacturing, and or Sales. There are literally no limits to the possibilities. Proximity to the University of Alabama and the Mercedes Benz plant and all of its downstream providers even offers more options for this facility. A building this size with this much property and in this location (access wise) could not be recreated for anywhere near this price. Rare situation and exceptional opportunity. Possible Owner Financing All Offers Seriously Considered. Big Bonus is that this Property is in an Economic Opportunity Zone according to the State of Alabama which offers extensive tax incentives for investors.
The Current conditions of the Building will require completion and or restoring of Wiring, HVAC, Lighting, and Plumbing Fixtures, Etc.

PROPERTY FACTS

Price $1,081,838 CAD
Sale Type Investment
Sale Condition Building in Shell Condition
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Auto Dealership
  • Auto Repair
  • Auto Salvage Facility
  • Bowling Alley
  • Community Centre
  • Contractor Storage Yard
  • Tienda de conveniencia
  • Distribution
  • Food Processing
  • Hold For Development
  • Hold For Investment
  • Industrial Live or Work Unit
  • Industrial Park
  • Lodge or Meeting Hall
  • Lumberyard
  • Open Space
  • Outlet Centre
  • Research and Development
  • Regional Mall
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Service Station
  • Shelter
  • Skating Rink
  • Specialty, Festival or Entertainment
  • Theater or Concert Hall
  • Trailer or Camper Park
  • Truck Stop
  • Truck Terminal
  • Warehouse
  • Amusement Park
  • Agricultural
  • Agribusiness
Total Lot Size 29.00 AC
No. Stories 1
Cross Streets I21/59
Zoning N/A - Not Zoned

1 LOT AVAILABLE

Lot

Price $1,081,838 CAD
Price Per AC $37,304.76 CAD
Lot Size 29.00 AC

Two Parcels Adjacent to Intersate 20/59 Eutaw Alabama Exit 45, containing 29 +- Acres . Approx. 1800 Ft, of Intersate Frontage and over 1400 Ft of Paved Road frontage on ML KIng Hwy. (Co. Rd. 208) Greene County

DESCRIPTION

Exceptional Buy on this property. Large 49,500 Sq, Ft Building (per Seller) sitting on a 29+/- acre site (two Parcels) adjacent to the I 20/59 exit 45 Eutaw Alabama. Offering plenty of direct Interstate exposure, this site and building are waiting for the right buyer to finish out this fairly new never occupied Building. Property has one 49,500 sq ft building. For the most part, building is wide open and an older Building once known as The Cotton Patch Restaurant. Originally built for a casino and does have framed and roughly plumbed restrooms, office, and kitchen areas as well as storage spaces. Major repairs, updates needed.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18020300000010000
Land Assessment
$44,246 CAD
Improvements Assessment
$901,351 CAD
Total Assessment
$945,597 CAD
  • Listing ID: 27318307

  • Date on Market: 2022-12-15

  • Last Updated:

  • Address: 1500 County Road 208, Eutaw, AL 35462

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