Shrimp Basket 1111 S Highway 31

1111 S Highway 31 , Bay Minette, Alabama, 36507 | 2,344 sq.f | $ 809,129

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About This Restaurant

Investment Highlights

Executive Summary

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    2,344
  • Building Class    C
  • Year Built    1979
  • Price    809,129
  • Price Per SF    345
  • Cap Rate    8.50
  • NOI    68,776
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.05
  • Land Acres    1.00 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Property Taxes

Parcel Number 23-05-21-2-001-005.000 Improvements Assessment $0
Land Assessment $0 Total Assessment $43,020
Date Created: 2024-07-16 04:09:19 Last Updated: 2024-07-16 04:09:19
Address: 1111 S Highway 31 , Bay Minette, Alabama, 36507