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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1219 Cherokee Rd Alexander City, AL 35010

41,510 SF 4.66 ac lot Built 1995
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 1995
Total area 41,510 SF
Lot 4.66 ac (202,990 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lake Martin Vendors Market Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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