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    1235 Cherokee Rd Alexander City, AL 35010

    Sponsored
    For Lease
    $4 SF/Yr ($7,261 /Mo)

    Prime Alexander City location; 14,400-33,000 SF available.

    Lot size:
    18,345 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Alexander City property offers a unique opportunity to lease a versatile commercial space, ideal for warehouse, R&D, or retail uses. The property comprises a single-story building totaling 18,345 square feet, with a minimum divisible space of 14,400 square feet and a maximum contiguous space of 33,000 square feet. Currently, the site features two distinct spaces. One space, measuring 18,456 square feet, is soon to be vacant, while the adjacent space, 14,400 square feet, is currently occupied. Both spaces benefit from a high-traffic location, bordered by a Dollar General and Hardee's, ensuring excellent visibility and accessibility. The property boasts convenient access to Highway 280 and the Central Alabama Community College (CACC). Building features include three loading docks, one drive-in door, ample paved parking, and on-site office and storage space. The property's 1,000-foot frontage provides excellent visibility. This multi-tenant property offers consistent traffic flow, making it an attractive option for businesses seeking a high-visibility location in a thriving community. The 1,250 square feet of currently vacant space presents an immediate opportunity for a quick move-in. The property's flexible layout and ample space make it suitable for a wide range of commercial uses.

    Property Features for 1235 Cherokee Rd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,345 SF
    Total Rate
    7261.56

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    33,000 SF
    Rate per SF
    $6
    Space
    Available Space 2
    Size
    14,400 SF
    Rate per SF
    $4

    HighLights

    • 18,345 SF multi‑tenant industrial/retail building in Alexander City, AL.
    • 14,400 SF minimum divisible space, with up to 33,000 SF contiguous space available.
    • Building features 3 loading docks and 1 drive‑in.
    • Property boasts 1,000 feet of frontage and ample paved parking.
    • Excellent location near Hwy 280, with high traffic flow due to neighboring businesses (Dollar General and Hardee's).
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Redbox Movie Rental Kiosk Western Union Money Transfer Service

    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
    Alexander City
    County
    Tallapoosa
    State
    Alabama
    Longitude
    -85.947849
    Latitude
    32.9313178

    Nearby Comparable

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    Nearby Similar for Lease

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      Alex City Retail Space Available

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    FAQs

    What type of property is this?
    Life science property - Prime Alexander City location; 14,400-33,000 SF available.
    Where is this life science property located?
    The property is located at 1235 Cherokee Rd Alexander City, AL.
    What is the lease rate?
    The lease rate is $4-$6 SF/Yr.
    What are key features of this property?
    This property features: 18,345 SF multi-tenant industrial/retail building in Alexander City, AL.; 14,400 SF minimum divisible space, with up to 33,000 SF contiguous space available.; Building features 3 loading docks and 1 drive-in.
    Request Owner's contact information
    1235 Cherokee Rd Alexander City, AL 35010
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    Alexander City, AL 35010
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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
    1235 Cherokee Rd Alexander City, AL 35010
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