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1901 Highway 78 E
Jasper, AL 35501
Bureau Propriété À vendre


Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- 2026 Cap Rate – 10.33% - Rent increases from $225,000 to $240,000 in March of 2026.
- Premiere location - ideally situated at the intersection of 20th Ave East and Hwy 78 which sees over 25,000 Vehicles per day.
- Government-Backed Income – Dependable rental payments supported by the State of Alabama and local government credit.
- Nearly 50 Years of Continuous Tenancy – Walker County Health Department has operated at this location since 1977.
- Sticky Tenancy – No other building in Jasper offers the size or infrastructure necessary for the Health Department.
RÉSUMÉ DE L'ANNONCE
The Walker County Department of Human Resources has occupied this 30,000-square-foot building in Jasper, Alabama since 1978, establishing nearly five decades of continuous government tenancy. While the current lease technically contains a termination clause, the agency’s reliance on the facility, combined with the lack of comparable alternatives in Jasper, makes early termination highly unlikely. The result is a stable, government-backed income stream in a desirable location with frontage on Highway 78.
Jasper serves as the county seat and anchors the Jasper Micropolitan Statistical Area, which encompasses all of Walker County. It is also part of the broader Birmingham–Cullman–Talladega Combined Statistical Area. The property benefits from outstanding visibility and accessibility along Highway 78 and sits in close proximity to Walker Baptist Medical Center, Walmart, and numerous national retailers. This strategic positioning enhances demand for civic, institutional, and administrative uses, further strengthening the investment profile.
The building itself provides excellent functionality with its 30,000-square-foot footprint, ample surface parking, and infrastructure designed to support administrative operations. These features not only ensure the Department of Human Resources’ ongoing use but also create long-term flexibility for potential conversion to other government, educational, or institutional tenants should the property ever be repositioned.
Jasper serves as the county seat and anchors the Jasper Micropolitan Statistical Area, which encompasses all of Walker County. It is also part of the broader Birmingham–Cullman–Talladega Combined Statistical Area. The property benefits from outstanding visibility and accessibility along Highway 78 and sits in close proximity to Walker Baptist Medical Center, Walmart, and numerous national retailers. This strategic positioning enhances demand for civic, institutional, and administrative uses, further strengthening the investment profile.
The building itself provides excellent functionality with its 30,000-square-foot footprint, ample surface parking, and infrastructure designed to support administrative operations. These features not only ensure the Department of Human Resources’ ongoing use but also create long-term flexibility for potential conversion to other government, educational, or institutional tenants should the property ever be repositioned.
FAITS SUR LA PROPRIÉTÉ Sous contrat
Type de vente
Investissement
Type de propriété
Taille du bâtiment
30 000 pi²
Classe d’immeuble
B
Année de construction/rénovation
1978/2021
Prix
2 812 779 $ CAD
Prix par pi²
93,76 $ CAD
Taux de capitalisation
9,59%
Revenu net d’exploitation
269 820 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Superficie de plancher typique
15 000 pi²
Dalle à dalle
10’
Coefficient d’occupation des sols de l’immeuble
0,41
Taille du lot
1,66 AC
Zonage
OT - Office Transition District - applied in areas undergoing gradual change from residential to commercial use, especially along major corridors
Stationnement
93 places (3,1 places par 1 000 pi² loué)
Impôts fonciers
| Numéro de lot | 17-02-10-1-104-002-0010 | Évaluation des bâtiments | 326 510 $ CAD |
| Évaluation du terrain | 109 417 $ CAD | Évaluation totale | 435 927 $ CAD |
Impôts fonciers
Numéro de lot
17-02-10-1-104-002-0010
Évaluation du terrain
109 417 $ CAD
Évaluation des bâtiments
326 510 $ CAD
Évaluation totale
435 927 $ CAD
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