1219 Cherokee Rd Alexander City, AL 35010
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.
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Lake Martin Vendors Market Shopping Center & Mall
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.