819 K St - Freestanding FOR SALE


Alexander City, AL 35010
$75,000 USD
305-206-1286
819 K St, Alexander City, AL for Sale
$75,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

819 K St
Alexander City, AL 35010


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Dollar General (Vacating Aug 2025) | 2006 Built | AUCTION SEPTEMBER 23-25
  • 9,100 SF Freestanding Value Add Retail (Former Dollar General) Available at Substantial Discount Below Replacement Cost
  • 5,719 VPD Combined Traffic Count Visibility on Jefferson Street and K Street
  • Surrounding Traffic Generators: Walmart, Publix, Tractor Supply, Home Depot, Several Schools, Distribution Centers, and more
  • Dense Demographics with ±23,214 People and Annual Household Income of ±$58,563 within a 10-Mile Radius
  • Zoned B-1, Neighborhood Business District with a Variety of Uses

OVERVIEW

Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 819 K Street in Alexander City, Alabama (the “Property”). Formerly occupied by Dollar General with a lease expiring August 2025, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible commercial property at a significant discount. FIRST BID MEETS RESERVE! Built in 2006, the Property features a one-story, free-standing retail building totaling ±9,100 gross square feet, situated on a ±0.69-acre parcel with ample surface parking spaces. Positioned at a three-way intersection, the site offers excellent accessibility via one dedicated ingress/egress curb cut and prime frontage on K Street ensuring steady consumer traffic and strong visibility. Zoned “B-1” Neighborhood Business District, the Property allows for a variety of commercial uses, providing flexibility for redevelopment or alternative tenant types. The Property is located in Alexander City, Alabama, a growing community in Tallapoosa County, strategically positioned along US Highway 280, offering prime visibility and seamless access to regional markets. The city is a regional hub for retail, healthcare, education, and tourism in east Central Alabama. Positioned just ±2 miles from US Hwy 280, the Property benefits from direct highway connectivity to Birmingham (±73 miles northwest) and Montgomery (±50 miles south), two of Alabama’s largest economic centers. Located on the shores of Lake?Martin, one of the Southeast’s largest recreational lakes, Alexander City attracts significant visitor traffic in peak seasons, driving demand for hospitality, dining, and service-based retail. The Property is located near key demand drivers, just ±2.5 miles from Russell Medical (45 beds), ±2.5 miles from Central Alabama Community College (2,140 enrollment), and within 25 minutes of Lake Martin. The area is home to major national retailers, ensuring consistent daily traffic from local residents and travelers. Nearby businesses include Walmart, Publix, Home Depot, Tractor Supply, Chick-fil-A, McDonald’s, Harbor Freight, Marshalls, and Zaxbys, further reinforcing the area’s role as a high-traffic retail destination. The Property is positioned within a 5-mile trade area of nearly 15,033 residents, with an expanded 10-mile population of ±23,214 residents and an average household income of ±$58,563, making it a prime opportunity for retail and service-oriented businesses.

FOR SALE DETAILS

PRICE

$75,000 USD

PRICE/SF

$8 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - Former Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

05-08-27-1-002-067.0000

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.