Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1350 E MCMILLAN STREET Talladega, AL 35160

    View on Map
    Picture of Day care centers at 1350 E MCMILLAN STREET, Talladega, AL
    For Sale
    $399,500

    Mixed Use - TALLADEGA, AL

    Type:Mixed Use
    Lot size:
    1.33 Acres
    Added:
    Sep 9, 2025
    Days on Market:
    205
    Last Refresh:
    Apr 1 at 1:06 pm

    Property Features for 1350 E MCMILLAN STREET

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Zoning
    Commercial
    Standard status
    Active
    Lot size
    1.33 Acres

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1980
    Floors in Building
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Vann Caldwell

    Listing agent Vann Caldwell

    Listing office Porter & Porter Company 209 North St West, Talladega, AL

    Listing date Sep 9, 2025

    MLS# 21430681 Listing URL

    Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property in Talladega, AL

    This commercial property, located in Talladega, Alabama, is situated on a 1.33-acre lot. Zoned for commercial use, the property is equipped for immediate operation as a daycare, provided the buyer has the necessary staffing and passes inspection. The property is suitable for most businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Beginning Child ... Daycare Center

    Suggested Use

    Restaurant Building Supply Dental Office Big Box & Wholesale Store Nail Salon Hotel & Motel Food Market Grocery & Convenience Store Discount Store Electronics & Wireless Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Susan Raes Too — 1022 Ashland Hwy, Talladega, AL 35160
    • Child’s World — 80 Seasons Wy, Talladega, AL 35160
    • New Beginning Child Care — 1350 E McMillian St, Talladega, AL 35160

    Location Insight

    • Map
    • Local Demand
    City
    Talladega
    County
    Talladega
    State
    Alabama
    Longitude
    -86.076768
    Latitude
    33.425085

    Nearby Similar for Sale

    • $350,000

      Medical/Office Building in Talladega

      Well-positioned medical or office building in the heart of Talladega.
      200 E BATTLE STREET, TALLADEGA, AL 35160
      View Details
    • $200,000

      Spacious Commercial Complex in Talladega

      Substantial commercial building with diverse floor plan and ample parking.
      400 East Street N, Talladega, AL 35160
      View Details
    • $59,900

      Historic Building on Talladega Square

      Historic mixed-use building with retail and residential potential.
      102 COURT SQUARE, TALLADEGA, AL 35160
      View Details
    • $125,000

      Retail/Office Space in Talladega, AL

      Convertible retail/office space in Talladega, Alabama.
      210 E BATTLE STREET, TALLADEGA, AL 35160
      View Details
    • $85,000

      Spacious Warehouse Near Talladega Square

      5,888 SF warehouse near Talladega Square, offered as-is.
      118 E BATTLE STREET, TALLADEGA, AL 35160
      View Details
    • $120,000

      New Industrial Shop in Talladega

      2400 sq ft industrial shop built in 2023.
      110 ALEXANDER STREET, TALLADEGA, AL 35160
      View Details
    • $120,000

      Updated Commercial Gem in Talladega

      Adaptable commercial space in the heart of downtown Talladega.
      101 COURT SQUARE, TALLADEGA, AL 35160
      View Details
    • $899,000

      Office Building with Warehouse Space

      One-story office building with warehouse in Talladega's commercial district.
      6 Fort Lashley Avenue, Talladega, AL 35160
      View Details
    • $85,000

      Restaurant Retail Opportunity in Talladega

      Former BarBQ restaurant with equipment, ready for refurbishment.
      59069 HIGHWAY 77, TALLADEGA, AL 35160
      View Details
    • $62,000

      Office Space in Talladega, AL

      Office unit for sale in Talladega, Alabama.
      300 EAST STREET, TALLADEGA, AL 35160
      View Details
    • $189,000
      5,095 SF

      Restaurant Opportunity Near Logan Martin

      Restaurant with equipped kitchen on 4.2 acres near I-20.
      3888 Renfroe Road, TALLADEGA, AL 35160
      View Details
    • $825,000

      Talladega Crane Facility on 2.6 Acres

      Crane-equipped industrial facility with loading docks and fenced yard.
      228 Court Street N, Talladega, AL 35160
      View Details

    FAQs

    What type of property is this?
    Day care center - Commercial property suitable for daycare or other business uses.
    Where is this day care center located?
    The property is located at 1350 E MCMILLAN STREET Talladega, AL.
    What is the asking price?
    The asking price for this property is $399,500.
    What are key features of this property?
    This property features: Equipped for immediate Daycare operation upon inspection.; Suitable for most businesses.; All Daycare equipment included.
    (205) 886-4406
    We can help!
    Listing Contact
    Vann Caldwell
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!