Property summary
This exceptional investment opportunity presents Weiss Lake Plaza, a 99,450 square foot shopping center located at 1470 W Main St, Centre, Alabama, 35960. Priced at $4,950,000, this Class B property boasts a 6.20% cap rate and a strong NOI of $307,019. Currently 88% occupied, the center features 21 units across three single-story buildings situated on a 9-acre lot. Major tenants include Pic-N-Sav Grocery, the USDA Office, and H&R Block, providing a stable income stream. The property… benefits from its prime location in Cherokee County's primary retail area, experiencing daily traffic counts exceeding 12,000 vehicles. Its proximity to numerous national retailers such as Walmart Supercenter, O'Reilly Auto Parts, Taco Bell, and Ingles Market further enhances its appeal. Recent capital improvements include a new roof, repaved and restriped parking lot, fresh paint, and HVAC replacements, minimizing future maintenance needs. This fee-simple ownership offers a compelling investment opportunity in a thriving retail market. Detailed rent rolls and interior photos are available upon request.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
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