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    1219 Cherokee Rd Alexander City, AL 35010

    Sponsored
    For Lease
    $5 SF/Yr ($17,295 /Mo)

    High-visibility retail/office space in Alexander City, AL

    Lot size:
    41,510 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-story, 41,510-square-foot retail and office building, located at 1219 Cherokee Rd in Alexander City, Alabama (zip code 35010), presents a unique investment opportunity. Built in 1995, the Class C property sits on 4.66 acres and offers multiple tenancy options, with a minimum divisible space of 1,250 square feet and a maximum contiguous space of 14,400 square feet. Currently, 15,650 square feet is vacant, providing ample space for expansion or new tenants. The building features four total suites, ample parking (2.84 spaces per 1,000 square feet), and elevators. Its convenient location offers excellent visibility and signage opportunities, with the added benefit of proximity to dining and retail establishments. The property is situated in Tallapoosa County and is ideal for a variety of uses, including coworking spaces and medical offices. This versatile property offers a compelling combination of size, location, and potential. The property's convenient location and ample parking make it an attractive option for businesses seeking a high-visibility presence in Alexander City.

    Property Features for 1219 Cherokee Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,510 SF
    Class
    C
    Total Rate
    17295.83

    Building Details

    Year Built
    1995
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    14,400 SF
    Rate per SF
    $5
    Property Profile Location Intelligence

    Current Use by Public Records

    Lake Martin Vendors ... Shopping Mall

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness 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
    -85.949048556288
    Latitude
    32.931453323592

    Nearby Comparable

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      Alexander City Warehouse/Retail Space

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    Nearby Similar for Lease

    • Contact for pricing

      Retail Space on Highway 280

      24,149 SF retail space available in Alexander City, AL.
      1061 S St, Alexander City, AL 35010
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    • $4 SF/Yr
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      Alexander City Warehouse/Retail Space

      Prime Alexander City location; 14,400-33,000 SF available.
      1235 Cherokee Rd, Alexander City, AL 35010
      View Details
    • $24 SF/Yr
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      Downtown Alexander City Retail Space

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      Executive Office Suite, Alexander City

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    FAQs

    What type of property is this?
    Medical office - High-visibility retail/office space in Alexander City, AL
    Where is this medical office located?
    The property is located at 1219 Cherokee Rd Alexander City, AL.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    Request Owner's contact information
    1219 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
    1219 Cherokee Rd Alexander City, AL 35010
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