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Property profile & analytics
OFF-MARKET
Neighborhood centers

409 Gilmer Ave Tallassee, AL 36078

36,078 SF Built 1966
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Neighborhood centers
Year built 1966
Total area 36,078 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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