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755 Lee Street

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Home/AL/Alexander City

755 Lee Street

Alexander City, AL 35010
Asking Price
Contact for price
Asset Type
Commercial Mixed-use
Class
Class B

What's Special

17.7± Acres | Prime Development Site Near Hwy 280 | High-Visibility | Multi-Access <ul><li>​17.7 ±/- acre four-lot assemblage in Alexander City </li><li>​High-visibility frontage on Lee St & Central Blvd </li><li>​Multiple access points via 8th–6th Way and surrounding streets </li><li>​Flexible site layout with multiple development configurations </li><li>​Excellent exposure along primary city corridors </li><li>​Near U.S. Highway 280 commercial corridor </li><li>​Ideal for retail, mixed-use, office, or light industrial use </li><li>​Strong regional connectivity to Wetumpka, M

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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