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Property profile

27952 Hwy Talladega, AL 35160

OFF-MARKET
Office Spaces
2.3 ac lot Built 1992
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Property summary

AI-generated overview

This exceptional 2.3-acre property at 27952 HIGHWAY 21, Talladega, AL, is offered for sale at $900,000. Currently configured as a funeral home, the building presents a remarkable redevelopment opportunity. Its excellent condition and prime location in a high-traffic area make it ideal for a variety of uses, including professional offices, a church, or a school. The building boasts ample space, featuring multiple offices, well-appointed conference rooms, a spacious reception area, and four restrooms. The property is also available for lease at a rate of $9 per square foot per year, on a triple net (NNN) basis, with a minimum five-year lease term and an option for extension. This versatile property offers significant potential for a discerning investor or business seeking a prominent location with substantial existing infrastructure. The building's current layout provides a solid foundation for immediate occupancy or a seamless transition into a new use. Its strategic location ensures high visibility and accessibility, making it an attractive proposition for a wide range of potential tenants or owners. Don't miss this opportunity to acquire a valuable asset in a thriving Talladega community.

Property profile

Verified
Property type Office Spaces
Year built 1992
Lot 2.3 ac (100,188 SF)

Cap rate & NOI

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

Location

27952 Hwy Talladega, AL 35160
Talladega 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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