Shopping
216 Haynes Street, Talladega, AL 35160
For Sale
Contact for pricing
Shopping center property in Talladega, Alabama, constructed in 1991.
Property Size20,000 SF
Price / SF$160.75
Days on Market97
Property Features for 216 Haynes Street
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Net Operating Income
Financials
Asking Price
Cap Rate
Building Details
Year Built
Units
Tenancy
Listing Agency:
Marcus & Millichap - Atlanta
Listed By:
Zachary Taylor · License GA #266327
(678) 808-2780
Source:
Crexi
Added: Aug 5
Changed: Nov 4
Last Checked: Nov 8 at 6:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Atlanta
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This shopping center is located at 216 Haynes Street in Talladega, Alabama. The property was constructed in 1991 and is offered for sale as a retail-oriented commercial asset.
Key Highlights
- Shopping center property in Talladega, Alabama
- Located at 216 Haynes Street
- Constructed in 1991
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,422
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,828,440
$2.8M
Cap Rate 7%
$2,020,314
$2.0M
Cap Rate 9%
$1,571,356
$1.6M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$220.8K $11.04/SF
− Vacancy
−$18.8K −$0.94/SF
EGI
$202.0K $10.10/SF
− OpEx
−$60.6K −$3.03/SF
NOI
$141.4K $7.07/SF
Area
Talladega County, AL
Vacancy
8.50%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,828,440
Cap Rate 7%
$2,020,314
Cap Rate 9%
$1,571,356
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.36M
NOI $141,422 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.09M
$3.58M – $4.77M
NOI $286,358 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
201k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 30%
Superstores 23%
Home Improvements & Furnishings 5%
Walmart
Superstores
45,383 visits/mo
0.2 miles
Murphy USA
Shops & Services
19,753 visits/mo
0.1 miles
McDonald's
Dining
19,350 visits/mo
0.1 miles
Dollar Tree
Shops & Services
12,467 visits/mo
0.2 miles
Chevron
Shops & Services
10,477 visits/mo
0.0 miles
Demographics for 35160, AL
27,074
Population
13,147
Households
2.1
Avg Household Size
42
Median Age
16%
College-Educated
81%
High-School Grad
332.7 sq mi
ZIP Area
81
Density / Sq Mi
$50,007
Median Household Income
$32,821
Median Earnings
$772
Median Rent
$129,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Talladega Plaza — 803 Battle St E, Talladega, AL 35160
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center property in Talladega, Alabama, constructed in 1991.
Where is this shopping center located?
The property is located at 216 Haynes Street Talladega, AL.
What is the asking price?
The asking price for this property is $3,215,000.
What are key features of this property?
This property features: Shopping center property in Talladega, Alabama; Located at 216 Haynes Street; Constructed in 1991
