Equipped Café
For Sale
$299,900
26 Justice Street, Crossville, AL 35962
Business Opportunity, Crossville, AL
Property Size2,400 SF
Lot Size0.50 Acres
Price / SF$124.96
Days on Market59
Property Features for 26 Justice Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
Hwy 75 Towards Geraldine ,Right On Hwy 68 And Left On Justice
Standard status
Active
Size
2,400 SF
Lot size
0.50 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Listing Agency:
Main Street Realty Plus, LLC
(256) 400-1335
Listed By:
Tania DiPrima · License #77005
(256) 302-9028
Added: Jul 16
Changed: Sep 10
Last Checked: Sep 12 at 2:06AM
MLS# 21915472
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant property includes both the business and the building, with approximately 2,400 square feet of space on 0.5014 acres. The sale includes restaurant equipment, tables, and chairs, providing an established physical setup for continued food-service use. Concrete flooring and two bathrooms are included among the interior features.
The property is located in Crossville, Alabama, and is served by public water and public sewer. The offering combines an existing restaurant operation with its underlying commercial building and site.
The property is located in Crossville, Alabama, and is served by public water and public sewer. The offering combines an existing restaurant operation with its underlying commercial building and site.
Key Highlights
- Business and building offered together
- 2,400 square feet on 0.5014 acres
- Restaurant equipment, tables, and chairs included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,487
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$529,740
$529.7K
Cap Rate 7%
$378,386
$378.4K
Cap Rate 9%
$294,300
$294.3K
Market Conditions
NOI Build-Up for 2,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.3K $15.96/SF
− Vacancy
−$3.0K −$1.24/SF
EGI
$35.3K $14.72/SF
− OpEx
−$8.8K −$3.68/SF
NOI
$26.5K $11.04/SF
Area
DeKalb County, AL
Vacancy
7.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$529,740
Cap Rate 7%
$378,386
Cap Rate 9%
$294,300
Alternative Uses
Best Use
Specialty Retail
$378.4K
$331.1K – $441.5K
NOI $26,487 @ 7.0% cap · market cap 8.83%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$386.6K
$338.3K – $451.1K
NOI $27,065 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
3,653 visits/mo
0.4 miles
Marathon Petroleum
Shops & Services
2,153 visits/mo
0.0 miles
O'Reilly Auto Parts
Shops & Services
779 visits/mo
0.4 miles
Demographics for 35962, AL
7,445
Population
3,417
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
76%
High-School Grad
71.5 sq mi
ZIP Area
104
Density / Sq Mi
$58,000
Median Household Income
$33,146
Median Earnings
$749
Median Rent
$130,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property offered with the operating business, furnishings, and commercial kitchen equipment included.
Where is this conventional restaurant located?
The property is located at 26 Justice Street Crossville, AL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Business and building offered together; 2,400 square feet on 0.5014 acres; Restaurant equipment, tables, and chairs included
