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    Former Dealership with Service Department Title is generated by Realmo AI

    723 Battle St E, Talladega, AL 35160

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    Spacious building suitable for auto shops or retail.

    Type:Land
    Property size:
    15,236 SF
    Price / SF:
    $91/SF
    Added:
    Jul 1, 2024
    Days on Market:
    739
    Last Refresh:
    May 12 at 8:22 pm

    Property Features for 723 Battle St E

    General Information

    Standard status
    Active
    Size
    15,236 SF
    Property subtype
    Land

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    Contact an agent
    Jerry Tortorigi
    Jerry Tortorigi

    Listing office Tortorigi Properties Inc

    Listing date Jul 1, 2024

    Source Crexi

    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 Tortorigi Properties Inc

    HighLights

    • 15,236sf Main Building: Substantial space.
    • Previous Ford Dealership: Infrastructure already configured for automotive sales and service.
    • 4000sf Separate Paint Shop: Dedicated space for specialized automotive work.
    • Multiple Offices: Accommodates administrative and managerial staff.
    • Service Department: Equipped for vehicle maintenance and repairs.
    • Showroom: Designated area for displaying vehicles or products.

    Overview

    This property features a 15,236 square foot building that formerly served as a Ford dealership. The building includes a service department, parts department, showroom, and multiple offices. Additionally, there is a separate 4,000 square foot paint shop. The property is suitable for auto shops, automotive properties, retail spaces, and other commercial real estate ventures.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $168.2k $11.04
    − Vacancy −$14.3k −$0.94
    EGI $153.9k $10.10
    − OpEx −$46.2k −$3.03
    NOI $107.7k $7.07
    15,236 SF · lease $11.04/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.54M
    $1.35M – $1.80M (±1% cap)
    NOI $107,736 @ 7.0% cap · market cap 7.70%
    Second Best
    Industrial
    $863.9K
    $755.9K – $1.01M (±1% cap)
    NOI $60,472 @ 7.0% cap · market cap 4.32%
    Theoretical Best
    Office A
    $3.12M
    $2.73M – $3.64M (±1% cap)
    NOI $218,148 @ 7.0% cap · market cap 15.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Garden Center Electrical Service Gym & Fitness Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Cafe & Coffee Shop Food Market

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

    Similar Places Nearby

    • Quality Small Engine Repair — 217 Battle St E, Talladega, AL 35160
    • J.R Air Cooled Engines — Talladega, AL 35160
    • A & K Tire & Wheel — 113 Johnson Ave S, Talladega, AL 35160
    • Fannin Auto Repair — South St W, Talladega, AL 35160
    • J&M tires LLC #2 — 313 Battle St E E, Talladega, AL 35160

    Location Insight

    • Map
    • Local Demand
    City
    Talladega
    County
    Talladega
    State
    Alabama
    Longitude
    -86.0864976
    Latitude
    33.4372804

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    FAQs

    What type of property is this?
    Auto shop - Spacious building suitable for auto shops or retail.
    Where is this auto shop located?
    The property is located at 723 Battle St E 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: 15,236sf Main Building: Substantial space.; Previous Ford Dealership: Infrastructure already configured for automotive sales and service.; 4000sf Separate Paint Shop: Dedicated space for specialized automotive work.
    (205) 243-4667 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jerry Tortorigi
    Jerry Tortorigi
    Real Estate License ID: Al. 74748000
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