37017 Al-79 Cleveland, AL 35049
This exceptional mixed-use property in Cleveland, Alabama, offers 18,500 square feet of warehouse space, complemented by a 1,500 square foot, two-bedroom, one-bathroom apartment. Ideal for owner-users seeking both business and residential space, the property boasts five dock-high doors, three-phase 220v power, air lines throughout, a powder coat booth, and a powder coat oven. The 1.17-acre lot includes a gated rear parking lot with 15 spaces. Built in 1989 and renovated in 2022, this two-story structure is zoned without restrictions, presenting significant flexibility for various business ventures. High traffic counts (11,500 vehicles daily) on AL-79 ensure excellent visibility and accessibility. The interconnected buildings offer potential for multiple tenants or individual leasing opportunities. The asking price is $499,000, translating to $26.97 per square foot. This property presents a unique opportunity to combine business operations with convenient on-site living, maximizing efficiency and minimizing commute times. The property's features and location make it an attractive investment for a wide range of businesses.
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
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.