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    118 North Craft Highway Chickasaw, AL 36611

    Source: https://www.saltercompany.com
    For Sale
    $875,000

    High-traffic retail space, excellent investment.

    Property size:
    25,000 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    300
    This exceptional 25,000 square foot shopping center in Chickasaw, Alabama, presents a lucrative investment opportunity. Located at 118 North Craft Highway, 36611, this property boasts a prime location with a daily traffic count of 11,790 vehicles. The center comprises two large retail spaces: a 10,000 square foot occupied unit (income details available upon request) and a 15,000 square foot vacant unit, offering significant potential for expansion and increased revenue. The property sits on a 1.85-acre lot, including an unimproved lot situated on the north side of the building, providing additional development possibilities. This versatile property is ideal for investors seeking a strong return on investment in a high-traffic retail area. The asking price is $875,000. Detailed financial information for the occupied space is available upon request. Serious inquiries only.

    Property Features for 118 North Craft Highway

    General Information

    Property type
    Shopping centers
    Square Feet
    25,000 SF
    Price / Square Foot
    $35
    Elevators
    N/A
    Net Rentable
    25,000 SF
    Lot Size
    80,472 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • Prime 25,000 sq ft shopping center in Chickasaw, AL.
    • Features two large spaces, one currently occupied, generating income.
    • High daily traffic count of 11,790 vehicles, plus an unimproved lot included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    City
    Chickasaw
    State
    Alabama

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    FAQs

    What type of property is this?
    Shopping center - High-traffic retail space, excellent investment.
    Where is this shopping center located?
    The property is located at 118 North Craft Highway Chickasaw, AL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Prime 25,000 sq ft shopping center in Chickasaw, AL.; Features two large spaces, one currently occupied, generating income.; High daily traffic count of 11,790 vehicles, plus an unimproved lot included.
    (850) 564-0120
    Request Owner's contact information
    118 North Craft Highway Chickasaw, AL 36611
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    Chickasaw, AL 36611
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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
    118 North Craft Highway Chickasaw, AL 36611
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