Technical
Financial
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Property profile

1235 Cherokee Rd Alexander City, AL 35010

OFF-MARKET
Warehouses
18,345 SF
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Property summary

AI-generated overview

This Alexander City property offers a unique opportunity to lease a versatile commercial space, ideal for warehouse, R&D, or retail uses. The property comprises a single-story building totaling 18,345 square feet, with a minimum divisible space of 14,400 square feet and a maximum contiguous space of 33,000 square feet. Currently, the site features two distinct spaces. One space, measuring 18,456 square feet, is soon to be vacant, while the adjacent space, 14,400 square feet, is currently occupied. Both spaces benefit from a high-traffic location, bordered by a Dollar General and Hardee's, ensuring excellent visibility and accessibility. The property boasts convenient access to Highway 280 and the Central Alabama Community College (CACC). Building features include three loading docks, one drive-in door, ample paved parking, and on-site office and storage space. The property's 1,000-foot frontage provides excellent visibility. This multi-tenant property offers consistent traffic flow, making it an attractive option for businesses seeking a high-visibility location in a thriving community. The 1,250 square feet of currently vacant space presents an immediate opportunity for a quick move-in. The property's flexible layout and ample space make it suitable for a wide range of commercial uses.

Property profile

Verified
Property type Warehouses
Total area 18,345 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
  • Discount Store
  • Cinema (Bike/Boat/Book/etc) Store
  • Bank Credit Union

Location

1235 Cherokee Rd Alexander City, AL 35010
Alexander City metro
Google Maps

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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