Property profile

285 Head Dr Cleveland, AL 35049

OFF-MARKET
Other retail properties
12,177 SF 0.9 ac lot Built 1999
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Property summary

AI-generated overview

The property is located in Cleveland, Alabama and consists of a commercial building on a 0.9-acre lot, zoned B2. The building is divided into two functional areas: a laundromat space of approximately 2,500 square feet and a second space of approximately 5,567 square feet that was previously used for equipment sales and can be adapted for uses such as dining or other commercial activity. The laundromat area is equipped with newer laundry machines (approximately four years old), includes vending machines for snacks and laundry supplies, and provides ample workspace for folding. The second area includes a fenced front area, rear and side storage rooms, and a side roll-up door. The property has one meter box serving a 3-phase electrical system.

Property profile

Verified
Property type Other retail properties
Year built 1999
Total area 12,177 SF
Lot 0.9 ac (39,204 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Garden Center

Location

285 Head Dr Cleveland, AL 35049
Cleveland metro
Google Maps

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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