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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

40976 Al-77 Ashland, AL 36251

1,500 SF 1.15 ac lot Built 1998
Property ID
Property summary
AI-generated overview

This exceptional owner-user opportunity presents a 12,800 square foot, four-unit retail strip center ideally situated on Highway 77 in Ashland, Alabama. Built in 1998, this single-story, Class C property sits on a 1.15-acre lot (APN: 11-04-19-1-000-098.002) and offers significant potential for both investment and occupancy. Currently, two of the four units are occupied under a five-year lease, leaving two spaces available. One vacant unit offers approximately 1,500 square feet, suitable for a restaurant, while another expansive 8,000 square foot space is perfect for a larger retail operation. The total square footage ranges from 1,500 to 8,000 square feet per unit, providing flexibility for various business needs. The asking price for this multi-tenant property is $600,000. This is a rare chance to acquire a well-located retail center with immediate income potential and the opportunity to occupy a significant portion of the space. The high visibility location on Highway 77 ensures substantial foot traffic and exposure. Contact us today to learn more about this outstanding investment and owner-user opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1998
Total area 1,500 SF
Lot 1.15 ac (50,094 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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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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