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    1548 Us-231 Ozark, AL 36360

    For Lease
    $5 SF/Yr

    High-visibility Ozark retail & office space.

    Lot size:
    90,783 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Midtown Plaza Shopping Center, located at 1548 US-231 in Ozark, Alabama (zip code 36360), presents a significant investment opportunity. This multi-tenant property boasts a total of 90,783 square feet of retail and office space, strategically situated on US Highway 231 at a signalized intersection. The center offers excellent visibility and convenient access, with close proximity to Fort Rucker. The property currently features five suites, with a substantial 43,000 square feet of vacant space available. Individual suites range from a minimum of 1,400 square feet to a maximum contiguous space of 24,000 square feet, providing flexibility for a variety of tenants. The property's existing tenant mix includes a significant retail anchor (28,000 sq ft), along with other businesses encompassing grocery, retail, office, and medical uses. An end-cap space of 1,400 square feet is also available, offering high visibility and direct access. This prime location and substantial vacant space make Midtown Plaza an ideal opportunity for expansion or new business ventures in the thriving Ozark market. The property's strategic location and diverse space options make it an attractive investment for both established businesses and new enterprises seeking a prominent presence in this dynamic area.

    Property Features for 1548 Us-231

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    90,783 SF
    Total Rate
    37826.25

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    19,000 SF
    Rate per SF
    $5
    Space
    Available Space 1
    Size
    24,000 SF
    Rate per SF
    $6

    HighLights

    • Anchor tenant occupies 24,000 SF with full glass storefront and loading dock.
    • 19,000 SF of available space (formerly Goody's).
    • Suitable for grocery, retail, office, and medical uses.
    • Located on US Hwy 231, directly across from a Super Walmart, offering high visibility and a signalized intersection.
    • Excellent visibility and access; near Fort Rucker entrance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ozark
    County
    Dale
    State
    Alabama
    Longitude
    -85.650239038093
    Latitude
    31.44140540525

    Nearby Comparable

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    Nearby Similar for Lease

    • $10 SF/Yr
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      Ozark Retail Center Opportunity

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    FAQs

    What type of property is this?
    Neighborhood center - High-visibility Ozark retail & office space.
    Where is this neighborhood center located?
    The property is located at 1548 Us-231 Ozark, AL.
    What is the lease rate?
    The lease rate is $5-$6 SF/Yr.
    What are key features of this property?
    This property features: Anchor tenant occupies 24,000 SF with full glass storefront and loading dock.; 19,000 SF of available space (formerly Goody's).; Suitable for grocery, retail, office, and medical uses.
    Request Owner's contact information
    1548 Us-231 Ozark, AL 36360
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    Ozark, AL 36360
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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
    1548 Us-231 Ozark, AL 36360
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