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Property profile

2209 Us-280 Alexander City, AL 35010

OFF-MARKET
Retail properties & Spaces
1,600 SF 0.87 ac lot
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a vacant 1,600 square foot storefront situated on a 0.87-acre lot at 2209 US-280 in Alexander City, Alabama. Offered at $375,000, this fee simple property boasts a prime location along a high-traffic retail corridor, experiencing an average annual daily traffic count of 17,250 vehicles on Highway 280. The single-story building presents significant potential for adaptive reuse or new construction. The property's size and visibility make it ideal for a variety of retail uses. The asking price equates to $234.38 per square foot. This is a vacant property, allowing for complete customization to suit the buyer's vision. The property is available for sale or ground lease, offering flexibility for potential investors. Located in Tallapoosa County, this Alexander City storefront offers a unique chance to capitalize on a thriving commercial area. The property's 0.87-acre lot provides ample space for development and expansion. This is a redevelopment opportunity not to be missed.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,600 SF
Lot 0.87 ac (37,897 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2209 Us-280 Alexander City, AL 35010
Alexander City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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