1153 Haley Dr Cherokee, AL 35616
This exceptional Class A commercial property, located at 1153 Haley Dr. in Cherokee, Alabama (zip code 35616), presents a unique investment opportunity. The property boasts a fee simple ownership structure and comprises a single-story, 2,638 square foot office building constructed in 2009, situated on a generous 2.02-acre lot. Currently vacant, this versatile space is ideally suited for a variety of commercial uses. Its existing configuration includes five drive-through bays under roof, offering significant potential for conversion into additional office space or other suitable adaptations. The property's ample lot size allows for future expansion, providing considerable flexibility for growth and development. The permitted zoning is commercial, ensuring a wide range of potential uses. The asking price is $899,900, translating to $341.13 per square foot. The property's APN is 06-08-34-0-000-000-007. This is a rare opportunity to acquire a well-located, versatile commercial property in a growing area. The property's strategic location and adaptable design make it an attractive investment for both established businesses and forward-thinking entrepreneurs. Don't miss this chance to secure a prime commercial asset in Colbert County, Alabama.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.