2313 Cobbs Frd Rd Prattville, AL 36066-7705
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.