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    2946 Cherokee Ave Cullman, AL 35055

    Sponsored
    For Sale
    $2,500,000

    High-traffic acreage, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 9.24-acre commercial property presents a significant investment opportunity in Cullman, Alabama. Strategically located between Good Hope and Cullman, this land enjoys unparalleled accessibility, sitting just two miles from Interstate 65, Exit 304. The high-traffic location boasts an average daily traffic count of 21,000 vehicles, providing exceptional visibility and potential for a wide range of commercial developments. The expansive acreage offers ample space for various projects, from retail centers and restaurants to light industrial facilities or warehousing. The property's prime location and high traffic volume make it an ideal site for businesses seeking maximum exposure and convenient access to major transportation routes. This is a rare chance to acquire a substantial parcel of land in a rapidly growing area with significant potential for future appreciation. The asking price reflects the property's exceptional location and development potential, making it an attractive investment for discerning buyers seeking a strong return on their investment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is classified as General Commercial and is offered at $2,500,000. Further due diligence is recommended to confirm zoning and development regulations.

    Property Features for 2946 Cherokee Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    402,494 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cullman
    County
    Cullman
    State
    Alabama
    Longitude
    -86.83556
    Latitude
    34.15875

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic acreage, development potential.
    Where is this commercial real estate located?
    The property is located at 2946 Cherokee Ave Cullman, AL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (256) 739-1389
    Request Owner's contact information
    2946 Cherokee Ave Cullman, AL 35055
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    Cullman, AL 35055
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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
    2946 Cherokee Ave Cullman, AL 35055
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