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13520 Us Highway 231 8,940 SF Specialty Building Offered at $440,000 in Union Grove, AL 35175
Investment Highlights
- 15 minutes to Huntsville, AL
- 5 minutes to Arab, AL
Executive Summary
Are you looking for an opportunity to expand your business portfolio? Here is a great opportunity situated between Huntsville and Arab off Hwy 231 in Union Grove, AL
*Mini Storage - 60 Units (7,200 sqft),Built in 95 & 98 (92% rented) *4,000 sq ft warehouse converted to daycare *1,000 +/- warehouse/storage building.
It has 2 Rows (Buildings) with 30 units per building with a total of 60 units. There is a warehouse 4,000 sq ft, divided in 3 offices and an open space, small kitchen(break room), 3 bathrooms, shop with a roll-up door in the back, it has 4 climate control units, building is currently rented.
There is also a 1,000 sq ft building that can be an office/shop/ Storage. It is in a growing area 15 minutes to Huntsville, Al and 5 minutes to Arab, Al. There is room for price increases to meet the market rates.
There is a 2nd parcel on the same property with 2 mechanics shops with 1,500 sq ft and 3 roll-up doors. One shop has 2 lifts and a small office and bathroom and A/C. The other shop has one 1 lift and bathroom. Price for these mechanic shops is $210,000.
*Mini Storage - 60 Units (7,200 sqft),Built in 95 & 98 (92% rented) *4,000 sq ft warehouse converted to daycare *1,000 +/- warehouse/storage building.
It has 2 Rows (Buildings) with 30 units per building with a total of 60 units. There is a warehouse 4,000 sq ft, divided in 3 offices and an open space, small kitchen(break room), 3 bathrooms, shop with a roll-up door in the back, it has 4 climate control units, building is currently rented.
There is also a 1,000 sq ft building that can be an office/shop/ Storage. It is in a growing area 15 minutes to Huntsville, Al and 5 minutes to Arab, Al. There is room for price increases to meet the market rates.
There is a 2nd parcel on the same property with 2 mechanics shops with 1,500 sq ft and 3 roll-up doors. One shop has 2 lifts and a small office and bathroom and A/C. The other shop has one 1 lift and bathroom. Price for these mechanic shops is $210,000.
Property Facts
| Price | $440,000 | Building Class | C |
| Price Per SF | $49.22 | Lot Size | 1.60 AC |
| Sale Type | Investment | Building Size | 8,940 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1995 |
| Property Subtype | Self-Storage | Clear Ceiling Height | 8’ |
| Zoning | Commercial/Residental - Commercial/Residental | ||
| Price | $440,000 |
| Price Per SF | $49.22 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 8,940 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Clear Ceiling Height | 8’ |
| Zoning | Commercial/Residental - Commercial/Residental |
About 13520 US HIGHWAY 231 , UNION GROVE, AL 35175
Storage Facility off Hwy 231 in Union Grove, AL. It has 2 Rows (Buildings) with 30 units per building with a total of 60 units with an occupancy rate of 85%.
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Property Taxes
| Parcel Number | 120417-0-000-001000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $81,360 |
Property Taxes
Parcel Number
120417-0-000-001000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$81,360
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Hwy 231 Mini Storage
13520 Us Highway 231
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