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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

83961 Al-9 Ashland, AL 36251

3,893 SF 1.41 ac lot Built 1993
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,893-square-foot Hardee's/Carl's Jr. restaurant situated on a 1.41-acre lot in Ashland, Alabama. Built in 1993, the property boasts a B1 (General Business) zoning designation. The restaurant enjoys a high-traffic location along Alabama State Highway 9, with over 7,300 vehicles passing daily. Its strategic placement next to Clay County Hospital, a major employer with over 270 healthcare professionals, ensures consistent customer traffic. Ashland, the county seat of Clay County, is home to numerous significant manufacturing companies, including Wellborn Cabinets, Inc., Koch Foods, and several others, providing a substantial and stable local workforce. The proximity to Ashland-Lineville Airport, serving a large area of central Alabama, further enhances the property's accessibility and appeal. This turnkey operation offers a rare chance to acquire a well-established QSR in a thriving community with strong economic drivers and a significant local population. The single building property is ready for immediate occupancy or redevelopment, presenting a versatile investment opportunity for discerning buyers. The property's location and existing infrastructure make it an ideal candidate for continued operation as a fast-food restaurant or potential repurposing given its zoning.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1993
Total area 3,893 SF
Lot 1.41 ac (61,420 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
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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