Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    723 Battle St Talladega, AL 35160

    Sponsored
    For Sale
    $1,400,000

    3.2-acre commercial lot, large building.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    421
    This exceptional 3.2-acre commercial property in Talladega, Alabama, presents a significant investment opportunity. Located at 723 Battle St E, zip code 35160, the property boasts a substantial 15,236 square foot building, previously utilized as a Ford dealership. The building's layout includes a showroom, multiple offices, a service department, and a parts department, offering versatile space for a variety of commercial uses. A separate 4,000 square foot paint shop adds further potential. The expansive lot size provides ample room for expansion, additional construction, or ample parking. The property's history as a well-established dealership speaks to its prime location and visibility within the Talladega community. This is a rare opportunity to acquire a large, established commercial property in a desirable location, ready for redevelopment or repurposing to suit a wide range of business needs. The asking price for this significant property is $1,400,000. The property is situated in Talladega County, Alabama. Detailed site plans and building specifications are available upon request. This is a turnkey opportunity for an investor seeking a substantial commercial property with significant potential.

    Property Features for 723 Battle St

    General Information

    Property type
    Land
    Lot Size
    139,392 SF

    We can help!

    Listing Contact
    Jerry Tortorigi
    Jerry Tortorigi

    Learn more

    Property Insight Report

    HighLights

    • $1,400,000 asking price.
    • 3.2‑acre commercial land parcel.
    • Located at 723 Battle St E, Talladega, AL 35160.
    • Previously a Ford dealership, including showroom, offices, service, parts departments, and a separate 4,000 sq ft paint shop.
    • Total building size approximately 15,236 sq ft.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Talladega
    County
    Talladega
    State
    Alabama
    Longitude
    -86.086655467787
    Latitude
    33.437521335229

    Nearby Similar for Sale

    • $299,900
      0.48 Acres

      Charming Commercial Building in Talladega

      Immaculately cared for commercial building in downtown Talladega.
      303 East St, Talladega, AL 35160
      View Details
    • New
      $124,900
      6,114 SF

      Talladega Commercial Building For Sale

      Partially renovated commercial building suitable for various uses.
      117 St N, Talladega, AL 35161
      View Details
    • $145,000

      Investment Property on 8+ Acres

      Investment opportunity with multiple buildings on a large lot.
      8 Blue Ridge Dr, Talladega, AL 35160
      View Details
    • $450,000
      1.33 Acres

      Commercial Property in Talladega, Alabama

      Commercial property suitable for daycare or other businesses in Talladega.
      1350 E Mcmillan St, Talladega, AL 35160
      View Details
    • $130,000
      0.04 Acres

      Updated Commercial Gem in Talladega

      Adaptable commercial space in the heart of downtown Talladega.
      101 Court Sq, Talladega, AL 35160
      View Details
    • $85,000
      0.85 Acres

      Restaurant Retail Opportunity in Talladega

      Former BarBQ restaurant with equipment, ready for refurbishment.
      59069 Hwy 77, Talladega, AL 35160
      View Details
    • $125,000
      0.15 Acres

      Retail/Office Space in Talladega, AL

      Convertible retail/office space in Talladega, Alabama.
      210 E Battle St, Talladega, AL 35160
      View Details
    • $65,000
      0.49 Acres

      Commercial Building in Downtown Talladega

      Warehouse space in downtown Talladega, fenced with gate.
      211 N Court St, Talladega, AL 35160
      View Details
    • New
      $85,000
      5,888 SF

      Massive Warehouse Near Talladega Square

      5,888 SF warehouse near Talladega Square, offered as-is.
      118 E Battle St, Talladega, AL 35160
      View Details
    • New
      $49,900
      2,118 SF

      Mixed-Use Property in Talladega, AL

      Mixed-use property with commercial and residential potential in Talladega.
      144 Court St, Talladega, AL 35160
      View Details
    • New
      $120,000
      2,400 SF

      New Industrial Shop in Talladega

      2400 sq ft industrial shop built in 2023.
      260 Alexander St, Talladega, AL 35160
      View Details
    • $264,900
      1,147 SF

      Top-Floor Condo with Lake Views

      Two-bedroom condo with lake views and community amenities.
      475 River Forest Ln, Talladega, AL 35160
      View Details

    FAQs

    What type of property is this?
    Land - 3.2-acre commercial lot, large building.
    Where is this land located?
    The property is located at 723 Battle St Talladega, AL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price.; 3.2-acre commercial land parcel.; Located at 723 Battle St E, Talladega, AL 35160.
    Request Owner's contact information
    723 Battle St Talladega, AL 35160
    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.
    723 Battle St
    Talladega, AL 35160
    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
    723 Battle St Talladega, AL 35160
    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

    We can help!
    Listing Contact
    Jerry Tortorigi
    Jerry Tortorigi
    Real Estate License ID: AL.74748000
    Learn more
    Google sign-in failed. Please try again or use another login method.