409 Gilmer Ave Tallassee, AL 36078
This exceptional retail opportunity presents 36,078 square feet of space in a Class B strip center located at 409 Gilmer Ave, Tallassee, Alabama, 36078. The property sits on a 5.13-acre lot and boasts high visibility directly across from the Tallassee Football Stadium, ensuring significant foot traffic and brand awareness. The center offers flexible space options, with a minimum divisible unit of 1,323 square feet and a maximum contiguous space of 20,000 square feet. Currently, 34,123 square feet is available for lease. Built in 1966, the property is zoned Commercial and is situated in Elmore County. The property benefits from a recently resurfaced parking lot, enhancing customer convenience. With a prominent location on Gilmer Ave, the center enjoys an impressive average annual daily traffic count of approximately 12,930 vehicles. This makes it an ideal location for a variety of retail businesses seeking high exposure and accessibility. The property is categorized as a multiple-tenancy retail center.
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.