27950 Al-21, Talladega, AL 35160
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.