Lot 6 Cherokee Falls

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Lot 6 Cherokee Falls

Centre, AL 35960
Asking Price
$69K
Asset Type
Industrial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial land parcel located in Centre, Alabama.
  • Property is situated at Lot 6 Cherokee Falls.
  • Asking price for the available site is $69,000.
  • Strategic location near the regional Weiss Lake area.
  • Suitable for various industrial development and use cases.

What's Special

Centre serves as a growing hub within Cherokee County, positioned conveniently near the expansive Weiss Lake. This industrial land opportunity at Lot 6 Cherokee Falls provides a strategic location for business operations or development within a scenic Alabama landscape. The site benefits from its proximity to regional transit routes and the natural appeal of the surrounding waterfront area, which attracts both residents and seasonal visitors to the community. Investors and developers will find the parcel well-suited for industrial uses that require accessible positioning within this established market. The property allows for flexible development strategies tailored to the needs of local commercial expansion or specialized industrial utility. Given its location in an area known for outdoor recreation and regional commerce, the site presents a practical foundation for future growth in the Cherokee Falls vicinity.

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NOI
$80,000
Cap Rate
115.94%
DSCR
19.53
Strong
Cash-on-Cash
366.68%
Monthly Payment
$341.374
Annual Cash Flow
$75,903.508

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