306-318 Jackson Ave S | Russellville, AL 35653
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306-318 Jackson Ave S
Russellville, AL 35653
Russellville Plaza - Russellville, AL · Retail Property For Sale
Investment Highlights
- Value-Add Through Mark-to-Market Rents: Current Rents Are Below Market, With Shorter Lease Terms Offering Near- Term Opportunity to Reposition Tenancy
- Parking & Accessibility: Features On-Site Parking and Easy Access From Jackson Ave S, and Benefitting From 122 Parking Spots
- Strong Occupancy: 94% Occupancy Allowing For Additional NOI Increase Through the Remaining 6% Available
- Strong Visibility: The Property is Centrally Located in Downtown Russellville, Along Jackson Ave S, With Visibility Along Three Major Roads
- Long Term Tenancy: Anchor Tenant Big Star Has Been at the Location Since 2017
Property Facts
Property Type
Retail
Property Subtype
Building Size
27,950 SF
Building Class
C
Year Built
1950
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
1.56 AC
Zoning
commercial - commercial
Frontage
296’ on JACKSON AVE
Property Taxes
| Parcel Number | 02-09-30-4-403-018.000-0 | Improvements Assessment | $228,080 |
| Land Assessment | $9,620 | Total Assessment | $237,700 |
Property Taxes
Parcel Number
02-09-30-4-403-018.000-0
Land Assessment
$9,620
Improvements Assessment
$228,080
Total Assessment
$237,700
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