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    8671 Highway 72 Cherokee, AL 35616

    For Sale
    $140,000

    High-traffic location, great potential. Detached garage included.

    Property size:
    1,232 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This 1,232 square foot commercial building is strategically located on Highway 72 West in Cherokee, Alabama, offering exceptional visibility and high traffic counts. Previously utilized as a tax preparation office, the property presents a versatile space adaptable to a variety of commercial uses. The building sits on a 0.63-acre lot, providing ample space for parking and potential expansion. A significant advantage is the inclusion of a large detached garage, offering additional storage or workshop space, a rare find for properties of this size. The asking price is $140,000. The property's prime highway frontage ensures consistent exposure to a large volume of daily traffic, making it an ideal location for businesses seeking high visibility and accessibility. The existing infrastructure provides a solid foundation for immediate occupancy or renovation to suit specific business needs. This presents a unique opportunity for entrepreneurs and investors seeking a well-positioned commercial property in a thriving community. The combination of size, location, and the added benefit of the detached garage makes this an attractive investment with significant potential for return. Serious inquiries are encouraged.

    Property Features for 8671 Highway 72

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,232 SF
    Lot Size
    27,443 SF

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Auto Parts Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Cherokee
    County
    Colbert
    State
    Alabama
    Longitude
    -87.96659
    Latitude
    34.75292

    Nearby Similar for Sale

    • $899,900
      2,638 SF

      1153 Haley Dr, Cherokee, AL 35616

      Industrial properties • 2,638 SF
      1153 Haley Dr, Cherokee, AL 35616
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, great potential. Detached garage included.
    Where is this commercial real estate located?
    The property is located at 8671 Highway 72 Cherokee, AL.
    What is the asking price?
    The asking price for this property is $140,000.
    (256) 335-7402
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    8671 Highway 72 Cherokee, AL 35616
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    Cherokee, AL 35616
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    Realmo Value Estimation

    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.

    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.

    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
    8671 Highway 72 Cherokee, AL 35616
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