Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Commercial Space For Lease Title is generated by Realmo AI

    68 Queen Ann Road 1, Wetumpka, AL 36092

    View on Map
    Claim this Listing
    For Lease
    $1,000/Mo $10 SF/Yr (calc)

    1200 sq ft commercial space suitable for various businesses.

    Type:Commercial/Industrial
    Property size:
    1,200 SF
    Added:
    Sep 7, 2025
    Days on Market:
    268
    Last Refresh:
    Apr 7 at 10:34 pm

    Property Features for 68 Queen Ann Road 1

    General Information

    Standard status
    Active
    Size
    1,200 SF
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Angie Carter

    Listing agent Angie Carter License #0053356

    Listing office REMAX Cornerstone Realty

    Listing date Sep 7, 2025

    Source Exitrealty

    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 REMAX Cornerstone Realty

    HighLights

    • Prime corner location at Highway 14 West and Queen Ann Rd with high visibility and steady traffic.
    • Versatile 1,200 sq. ft. open space suitable for various business types (event venue, office, boutique, studio).
    • Affordable $1,200/month rental rate.
    • Flexible open floor plan ready to be customized.
    • Convenient access for customers and clients.
    • Located minutes from Wetumpka in a growing area.

    Overview

    This 1,200 sq. ft. commercial space is available for lease. Located at the corner of Highway 14 West and Queen Ann Rd, it is situated minutes from Wetumpka. The open floor plan provides flexibility for various business opportunities, including an event venue, office, boutique storefront, or yoga and fitness studio. The location offers high visibility with steady traffic and convenient access for customers and clients.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Wetumpka
    County
    Elmore
    State
    Alabama
    Longitude
    -86.232967
    Latitude
    32.537842

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space Near Walmart

      Retail spaces available near Walmart Supercenter on US Highway 231.
      4656 US Highway 231, Wetumpka, AL 36092
      View Details
    • Contact for pricing
      7,100 SF

      Retail Space Near National Tenants

      Retail space in a Publix-anchored shopping center.
      5039 US-231, Wetumpka, AL 36092
      View Details
    • Contact for pricing
      514,619 SF

      Wetumpka Warehouse Space Available

      514,619 SF warehouse space for lease in Wetumpka, Alabama.
      3145 Elmore Rd, Wetumpka, AL 36092
      View Details
    • Contact for pricing

      Renovated Shopping Center in Wetumpka

      Conveniently located shopping center with recent renovations and high visibility.
      5326 US Highway 231, Wetumpka, AL 36092
      View Details
    • Contact for pricing

      Retail Space in Growing Area

      Shopping center with high visibility in Wetumpka, Alabama.
      4896 US-231, Wetumpka, AL 36092
      View Details

    FAQs

    What type of property is this?
    Retail space - 1200 sq ft commercial space suitable for various businesses.
    Where is this retail space located?
    The property is located at 68 Queen Ann Road 1 Wetumpka, AL.
    What is the lease rate?
    The lease rate is $1,000 /Mo.
    What are key features of this property?
    This property features: Prime corner location at Highway 14 West and Queen Ann Rd with high visibility and steady traffic.; Versatile 1,200 sq. ft. open space suitable for various business types (event venue, office, boutique, studio).; Affordable $1,200/month rental rate.
    (334) 478-3825
    We can help!
    Listing Contact
    Angie Carter
    Real Estate License ID: 0053356
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    68 Queen Ann Road 1, Wetumpka, AL 36092
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!