1225 Ward Ave Talladega, AL 35160
This distressed industrial property in Talladega, Alabama, presents a unique redevelopment opportunity. Located at 1225 Ward Ave, 35160, the property encompasses a substantial 5.8 acres and features a 21,000 square foot building, comprised of two connected structures. Built in 1940, the single-story Class D building offers 20-foot ceiling heights and two dock-high doors, providing ample space for various industrial or flex uses. The property's current condition requires substantial renovations, making it ideal for an investor or developer seeking a value-add project. The asking price is $199,000, and owner financing is available, making this an attractive proposition for those seeking a flexible acquisition strategy. Given its size and location, this property holds significant potential for a variety of future uses, from light manufacturing to warehousing or even adaptive reuse. The expansive lot size also allows for potential expansion or additional development. Serious inquiries are encouraged to explore the possibilities of this unique Talladega industrial property.
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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.