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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1227 Cherokee Rd Alexander City, AL 35010

36,000 SF 2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 1227 Cherokee Road, Alexander City, Alabama, 35010. The property, known as Cherokee Corner, is a neighborhood center situated on a 2-acre lot and boasts a total of 36,000 square feet. Currently, there are two suites available. One is a large retail space totaling 14,400 contiguous square feet, ideal for a significant anchor tenant. The other is a smaller, highly versatile 1,400 square-foot unit suitable for retail or office use. The center enjoys excellent visibility and ample parking, enhanced by prominent monument signage. The property is anchored by established businesses, Badcock Furniture and Dollar General, ensuring a strong customer base and high traffic flow. The minimum divisible space is 1,400 square feet, with a total of 15,800 square feet currently vacant. This presents a unique chance to establish a presence in a thriving Alexander City location. The property's strategic location and strong tenant mix make it an attractive investment for businesses seeking high visibility and convenient access for their customers. Contact us today to learn more about this prime retail space.

Property profile
Verified
Property type Retail properties & Spaces
Total area 36,000 SF
Lot 2 ac (87,120 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
  • Badcock Home Furniture &more Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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