Lot 7 Cherokee Falls

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Lot 7 Cherokee Falls

Centre, AL 35960
Asking Price
$59K
Asset Type
Industrial Land
Class
Class B

AI Property Summary

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

  • Located within the Cherokee Falls community in Centre, Alabama.
  • Industrial-zoned land parcel available for acquisition.
  • Property situated in close proximity to Weiss Lake.
  • Asking price for the site is set at 59000 dollars.
  • Coordinates placed at 34.1798 latitude and -85.7314 longitude.

What's Special

Cherokee Falls sits in the scenic landscape of Centre, Alabama, providing proximity to the expansive Weiss Lake. This industrial-zoned land parcel represents a strategic acquisition for those looking to establish a footprint in the Cherokee County region. As a growing area in northeast Alabama, Centre maintains a quiet character while offering access to regional transit routes, making it a functional choice for diverse industrial or storage-based operations. The site provides a flexible canvas for developers or private buyers seeking to capitalize on the region's developing infrastructure and natural surroundings. Prospective owners can evaluate this site for various light industrial, warehousing, or project-specific needs. The geographic location serves as a gateway to the broader recreational appeal of Weiss Lake, balancing industrial utility with regional growth trends. Given the current zoning, this parcel is suited for business owners or investors looking for a foothold within the expanding local economy. Its placement within the Cherokee Falls community ensures a focused environment for industrial activities while remaining accessible to surrounding residential and commercial hubs.

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NOI
$80,000
Cap Rate
135.59%
DSCR
22.84
Strong
Cash-on-Cash
432.19%
Monthly Payment
$291.9
Annual Cash Flow
$76,497.202

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