27950 Al-21 Talladega, AL 35160
- Specialty properties
- 10,800 SF
- 2.10 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 27950 Al-21
- Year built
- 1999
- Lot size
- 2.10 lot acres
- Property size
- 10,800 SF
- Property type
- Specialty properties
- Property subtype
- Schools
Description
This 10,800 square foot building, situated on a 2.1-acre lot in Talladega, Alabama, presents a unique investment opportunity. Built in 1999, this single-story structure boasts a 10-foot ceiling height and one loading dock. Currently operating at 100% occupancy with a lease in place until September 1, 2029 (4.8 years remaining), the property offers a stable income stream. The lease is a NNN (Net, Net, Net) agreement at $10 per square foot, with a lease commencement date of September 1, 2024. The asking price is $900,000, translating to $83.33 per square foot. The property's zoning allows for diverse uses, including but not limited to religious institutions, schools, and entertainment venues. Its location on a main road ensures high visibility and traffic. The building's adaptable design makes it suitable for various redevelopment projects. This is a rare opportunity to acquire a well-located, versatile commercial property with significant potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Talladega
- County
- Talladega
- State
- Alabama
- Longitude
- -86.1522
- Latitude
- 33.3872
