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83961 Highway 9
Ashland, AL 36251

Former Hardee’s Institutional Owner · Retail Property For Sale

Investment Highlights

  • Freestanding 3,812-SF retail asset on a 1.08-acre lot, previously a Hardee's restaurant, with prominent visibility to nearly 7,500 vehicles daily.
  • Located in an Opportunity Zone, offering significant tax incentives and multiple avenues for investors or owners/users to reimagine the property.
  • Directly on Alabama State Hwy 9, providing easy connections to Birmingham and Montgomery, with Ashland-Lineville Airport just 2 miles away.
  • Situated on a vibrant retail corridor next to Clay County Hospital and major retailers, including Dollar General, NAPA, McDonald's, and Piggly Wiggly.
  • Area has a population of over 10,500, with annual consumer spending of $56 million, fostering strong business synergy.
  • Thriving business community with major employers in manufacturing, education, health, and retail sectors, and proximity to local attractions.

PROPERTY FACTS

Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,812 SF
Building Class
C
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.08 AC
Zoning
B-1 - General Business - small scale, low impact commercial businesses, offices, and service operations
Parking
63 Spaces (16.53 Spaces per 1,000 SF Leased)
Frontage
222 FT on Highway 9

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-11-04-20-1-000-032.001
Land Assessment
$5,396
Improvements Assessment
$118,620
Total Assessment
$124,016
  • Listing ID: 32617833

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 83961 Highway 9, Ashland, AL 36251

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