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

    755 16Th Ct Alexander City, AL 35010

    View on Map
    Sponsored
    For Sale
    $1,750,000

    Commercial Lots/Land - ALEXANDER CITY, AL

    Property size:
    40,000 SF
    Lot size:
    3.50 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 29 at 4:06 pm

    Property Features for 755 16Th Ct

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    40,000 SF
    Lot size
    3.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    JOSH HALLMARK

    HALLMARK PROPERTIES

    Listing agent JOSH HALLMARK

    Listing date Mar 27, 2026

    MLS# 179489 Listing URL

    Copyright © 2026 Lee County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Two Warehouses on 3.52 Acres

    These two single-story warehouses, each measuring 20,000 square feet, are situated on approximately 3.52 acres of land. Building 1 is equipped with twin loading docks, including one that is covered. Building 2 features a single loading dock. The property's location is approximately half a mile from US Highway 280 and directly across from Home Depot. The warehouses have corrugated metal roofs, and the location provides convenient logistics and transport access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Pharmacy Auto Parts Store Kitchen & Bath Showroom Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexander City
    County
    Tallapoosa
    State
    Alabama
    Longitude
    -85.984321
    Latitude
    32.952805

    Nearby Similar for Sale

    • $915,000
      10,000 SF

      Spacious Commercial Property in Alexander

      10,000 sq ft commercial property ideal for bar/restaurant/retail.
      82 Court Sq, Alexander City, AL 35010
      View Details
    • $269,000
      1,600 SF

      Renovated Commercial Building For Sale

      1600 SF renovated commercial building with high visibility.
      125 Alison Dr, Alexander City, AL 35010
      View Details
    • $1,375,000
      39.00 Acres

      39 Acres Near Lake Martin

      39-acre property near Wind Creek State Park.
      5400 County Rd, Alexander City, AL 35010
      View Details
    • $1,762,720
      44,068 SF

      Alexander City Industrial Facility For Sale

      44,068 SF industrial facility in established industrial district.
      215 7 Way, Alexander City, AL 35010
      View Details
    • $12,400,000
      99,999 SF

      Alexander City Commercial/Industrial Property

      474,201 SF commercial/industrial property in Alexander City, Alabama.
      520 Comer St, Alexander City, AL 35010
      View Details
    • $3,990,000

      Well-Maintained Warehouse on 23 Acres

      Clean warehouse on 23 acres near Highway 280.
      53 Coosa County Road 322, Alexander City, AL 35010
      View Details
    • Contact for pricing

      Historic Commercial Buildings For Sale

      Remodeled historic commercial buildings in Alexander City, Alabama.
      12 Main St, Alexander City, AL 35010
      View Details
    • $12,400,000

      474,201 SF Warehouse For Sale

      474,201 square foot warehouse/industrial property available for purchase.
      520 Comer St, Alexander City, AL 35010
      View Details
    • Contact for pricing
      7,656 SF

      Renovated Assisted Living Facility Auction

      16-unit assisted living facility in Alexander City, Alabama.
      2712 Washington St, Alexander City, AL 35010
      View Details
    • Contact for pricing
      126,000 SF

      Well-Maintained Warehouse on 23 Acres

      Clean, conditioned 126,000 SF warehouse near Highway 280.
      53 Coosa County Road 322, Alexander City, AL 35010
      View Details
    • Contact for pricing

      Expansive Industrial Property in Alabama

      Over 500,000 sq ft industrial property in Alexander City.
      520 Comer St, Alexander City, AL 35010
      View Details

    FAQs

    What type of property is this?
    Warehouse - Two 20,000 SF warehouses near US Highway 280.
    Where is this warehouse located?
    The property is located at 755 16Th Ct Alexander City, AL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Two single-story warehouses totaling 40,000 sq ft on 3.52 acres.; - Convenient location approximately 0.5 miles from US Highway 280.; - Located directly across from Home Depot.
    (334) 329-0787
    Request Owner's contact information
    755 16Th Ct Alexander City, AL 35010
    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.
    755 16Th Ct
    Alexander City, AL 35010
    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
    755 16Th Ct Alexander City, AL 35010
    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

    We can help!
    Listing Contact
    JOSH HALLMARK
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!