111 N Memorial Dr, Prattville, AL, 36067

111 N Memorial Dr Prattville, AL 36067

111 N Memorial Dr, Prattville, AL, 36067
111 N Memorial Dr, Prattville, AL, 36067 111 N Memorial Dr, Prattville, AL, 36067 111 N Memorial Dr, Prattville, AL, 36067
FOR SALE
Property Type:
Street Retail
Amount:
$399,000
Last Verified:
Sep 29, 2022

Highlights

  • High traffic retail building with lighted access
  • Tenant in place for this Investment Sale
  • With frontage on S. Memorial Dr.
  • In front of Prattville Square Shopping Center
  • Traffic Counts of 29,150± AADT on S. Memorial Dr.
  • 1.5± Miles from Downtown Prattville, AL
  • 3.3± Miles from I-65

Description

Moore Company Realty is Presenting this Investment, a stand-alone building with Tenant in place For Sale. Prattville is one of Alabama's fastest-growing areas. The unemployment rate in Prattville is 2.7% (U.S. avg. is 6.0%). Recent job growth is Positive. Prattville jobs have increased by 1.1%. Prattville's population is 36,500 people. Since 2020, it has had a population growth of 9.9%. The median home cost in Prattville is Real Estate: $220,100. Home appreciation for the last 10 years has been 6.3%.

S. Memorial Dr and Highway 14

Building Size: 3250sq ft
Lot Size: 0.5 acres


Documents

Sale Brochure_111 N Memorial Dr

Map of 111 N Memorial Dr, Prattville, AL, 36067

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.