83961 Al-9 Ashland, AL 36251
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.
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
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.