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Property profile & analytics
OFF-MARKET Estimated value $1,585,000
Drive through restaurants

2313 Cobbs Frd Rd Prattville, AL 36066-7705

3,995 SF Built 2000
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US03-0119911
Property summary
AI-generated overview

This 3,995 square foot former Steak 'n Shake restaurant presents a unique turnkey opportunity in Prattville, Alabama. Situated on a 1.21-acre lot, the property boasts a drive-thru, ample parking (70 spaces), and excellent visibility. Built in 2000, the building features a new roof membrane (installed in 2015) and a new HVAC system (installed in 2016). Its prime location on Cobbs Ford Road (32,788 cars per day) offers easy access to I-65 (70,862 cars per day), ensuring high traffic volume. The property benefits significantly from its proximity to the entrance of the prestigious Robert Trent Jones Capitol Hill Golf Course, which hosts 80,000 rounds of golf annually, and also serves as an LPGA venue attracting 40,000 spectators. This strategic location provides exceptional exposure and potential for a thriving business. The property is located in Elmore County and is offered as a single-tenant retail space. All existing equipment is included, making this a truly move-in ready establishment. This is an exceptional opportunity for a restaurant operator seeking a well-maintained, high-traffic location with significant existing infrastructure.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2000
Construction WOOD
Total area 3,995 SF
APN 26-03-07-0-001-020.004
UPID US03-0119911
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.56M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.59M
Owner & transaction history
Tacala LLC · 1 yrs held
Tacala LLC
since 2025
Last sale
$1.6M
6 recorded transactions
2025
Price N/A
2025
$1.9M
2023
$1.6M
2020
Price N/A
2019
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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