207 Richard Ave, Cullman, AL 35055
None · Cullman County
Key Facts
Description
Investors, here is a great yet affordable investment opportunity for producing rental income. The property is located in Cullman City Limits B1 zoning area. There are endless possibilities to maximize the property and suit it for a clients business. Totaling 1.9 acres, this would make a great office for an electrical, plumbing, or contractor type business where they need office space but also an area to park equipment or trucks in the fleet. Other possibilities may be an accounting, massage, or counseling services location. Located in close proximity to St. Bernard and a vast array of other businesses, you will benefit from their traffic; but will also benefit from having the privacy that makes this property unique. Don't let this opportunity pass you by to make that extra monthly revenue all while building your assets portfolio.
Property Information
Property Type
Commercial Sale
Year Built
1986
Living Area
1,248 sq ft
Lot Size
1.90 acres
Lot Dimensions
290.57 X 278.22 X 290.10 X 293.60
Zoning
B1
Days on Market
68
MLS® Listing#
528653
Property Features
Sewer
Schools
- Middle:
- Cullman Middle
- High:
- Cullman
Financial Details
HOA
None
Annual Taxes
$486
Parcel Number
17-01-11-4-003-001.001
Directions
Beginning on Hwy 31 in downtown Cullman, turn and travel east on US Hwy 278 E (aka 3rd Street SE). Travel approximately 1.5 miles and turn left onto Richard Ave. Richard Ave. will become a dead end and the property is located on the left side or road.
Affordability Calculator
$45,000
Estimated monthly payment
$1,198/mo
Principal $180,000 · Est. interest $251,116 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cullman, AL
- $336,481
- Median Listing Price
- 76
- Median Days on Market
- 1,948
- Median Sq Ft
- $165
- Median Price / Sq Ft
- 414
- Active Listings
- This home’s price is 33% below the area median.
- Its price per sq ft is 9% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cullman, AL.
Location
Points of Interest in Cullman, AL
Showing the Cullman area map.
Nearby Schools
Cullman City Primary School
Elementary · 1.1 mi away
Cullman City Schools
Secondary · 1.2 mi away
East Elementary School
Elementary · 1.2 mi away
Cullman County Board of Education
School · 1.3 mi away
St John's Little Lamb School
School · 1.3 mi away
Sacred Heart School
School · 1.4 mi away
Cullman High School
Secondary · 1.4 mi away
Cullman Middle School
Secondary · 1.5 mi away
Romper Room
School · 1.6 mi away
Cullman Christian School
School · 1.9 mi away
Cullman Christian School
School · 2.2 mi away
West Elementary School
Elementary · 2.4 mi away
Vinemont Lunchroom
School · 4.8 mi away
Vinemont Middle School
Secondary · 4.8 mi away
Kids World
Elementary · 4.8 mi away
Vinemont High School
Secondary · 4.9 mi away
Welti Elementary School
Elementary · 5.3 mi away
Hanceville High School
Secondary · 5.3 mi away
Good Hope Middle School
Secondary · 6.6 mi away
Vinemont Christian Academy
School · 7.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 11 Co Rd 1641, Cullman, AL | $158,000 | 2 | 2 | 1,238 |
| Lot 33 Eastern Shores Dr, Cullman, AL | $159,000 | — | — | — |
| 151 Co Rd 1606, Cullman, AL | $159,900 | 3 | 2 | 1,680 |
| 875 Co Rd 1629 Tract 5, Cullman, AL | $159,900 | 3 | 2 | 1,280 |
| 1178 Co Rd 1303, Cullman, AL | $160,000 | 3 | 1 | 1,008 |
| 0 COUNTY ROAD 707, Cullman, AL | $163,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Cullman
Listing Courtesy: Realty Executives - Eagle Eye
Presented by: Scott C Edmondson