Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3949 Al-9 Cedar Bluff, AL 35959

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3949 Al-9 Cedar Bluff, AL 35959

    View on Map
    • Retail properties & Spaces
    • 10,500 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3949 Al-9

    Year built
    2022
    Property size
    10,500 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional investment opportunity presents a 10,500-square-foot retail property in Cedar Bluff, Alabama, housing a Family Dollar and Dollar Tree. The property boasts a strong 8.00% cap rate, generating a net operating income (NOI) of $112,665. Built in 2022, the property is situated at 3949 AL-9, 35959, and benefits from a 100% occupancy rate under a Net Lease (NNN) agreement. The lease, commenced December 1, 2022, features a remaining term of 8.2 years, extending to January 31, 2033, with favorable 5-year lease options including 5% rent bumps. The tenant, Dollar Tree, Inc., provides a corporate guarantee, ensuring financial stability. The property's strategic location offers convenient access, with proximity to The Cove at Riverside Campground and Cedar Bluff High School. The asking price is $1,408,200, translating to $134.11 per square foot. This represents a compelling investment with a secure, long-term lease and significant upside potential. The property's strong tenant, favorable lease terms, and prime location make it an attractive addition to any portfolio.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Bluff
    County
    Cherokee
    State
    Alabama
    Longitude
    -85.5994
    Latitude
    34.2202

    Comparable in this City

    • Value Estimation by Request
      20,000 SF

      Al Hwy

      RETAIL STORES (PERSONAL SERVICES) • 20,000 SF
      Al Hwy, Cedar Bluff, AL 35959
      View Details
    • Value Estimation by Request
      3,200 SF

      4740 Cross St

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      4740 Cross St, Cedar Bluff, AL 35959-5431
      View Details
    • Value Estimation by Request
      1,800 SF

      Al Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      Al Hwy, Cedar Bluff, AL 35959
      View Details
    • Value Estimation by Request
      9,372 SF

      3940 Alabama Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,372 SF
      3940 Alabama Ave, Cedar Bluff, AL 35959-5405
      View Details
    • Value Estimation by Request
      4,693 SF

      Old Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,693 SF
      Old Hwy, Cedar Bluff, AL 35959
      View Details
    • Value Estimation by Request
      988 SF

      Al Hwy

      RETAIL STORES (PERSONAL SERVICES) • 988 SF
      Al Hwy, Cedar Bluff, AL 35959
      View Details

    Similar Nearby for Sale

    • $57,700
      0.09 Acres

      Waterfront Lots on Weiss Lake

      Premier community with waterfront and off-water lots on Weiss Lake.
      County Road 115, Cedar Bluff, AL 35959
      View Details
    • $67,700
      0.22 Acres

      Weiss Lake Land Opportunity

      Land for coastal-style homes near Weiss Lake in Cedar Bluff.
      County Road 115, Cedar Bluff, AL 35959
      View Details
    • $67,700
      0.18 Acres

      Land in Waterhouse Landing

      Land for coastal-style homes in a lakeside community.
      County Road 115, Cedar Bluff, AL 35959
      View Details
    • $57,700
      0.09 Acres

      Land in Premier Lakeside Community

      Waterfront and off-water lots in Cedar Bluff, Alabama.
      County Road 115, Cedar Bluff, AL 35959
      View Details
    • $67,700
      0.22 Acres

      Weiss Lake Land Opportunity

      Land for sale in a premier lakeside community.
      County Road 115, Cedar Bluff, AL 35959
      View Details
    • $139,700
      1.29 Acres

      Lakefront Lot in Gated Community

      1.29 acre lakefront lot in Cedar Bluff, Alabama.
      Little Riv Lndg, Cedar Bluff, AL 35959
      View Details
    Request Owner's contact information
    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.
    3949 Al-9
    Cedar Bluff, AL 35959
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!