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Property profile

1219 Cherokee Rd Alexander City, AL 35010

OFF-MARKET
Retail properties & Spaces
41,510 SF 4.66 ac lot Built 1995
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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

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

1219 Cherokee Rd Alexander City, AL 35010
Alexander City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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