Storefront Property with Commercial
For Sale
$439,900
1012 Avalon Ave, Muscle Shoals, AL 35661
Includes commercial refrigeration and paved on-site parking.
Property Size1,836 SF
Price / SF$239.60
Days on Market50
Property Features for 1012 Avalon Ave
General Information
Standard status
Active
Size
1,836 SF
Taxes and HOA fees
Annual Taxes
$1,411
Amenities
commercial cooler
commercial freezer
Listing Agency:
Southern Shores Estates And Investments
(256) 766-3845
Listed By:
Brittany Gaston · License #000129367
(256) 394-4293
Source:
Exprealty
Added: Sep 15
Changed: Oct 31
Last Checked: Nov 1 at 6:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southern Shores Estates And Investments
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Investment Insights
Based on property information with market context.
This 1,836-square-foot storefront property includes a brand-new commercial cooler and freezer. The space previously operated as a butcher shop, providing specialized food-related infrastructure for a future operator. Potential applications identified for the existing setup include a specialty market, deli, prepared-food operation, catering business, food storage or distribution facility, commissary kitchen, or restaurant prep space, subject to zoning and required permits.
The property is located at 1012 Avalon Ave in Muscle Shoals, Alabama, with visibility along Avalon Avenue, access to the commercial corridor, and ample paved parking. The combination of dedicated refrigeration and an established storefront configuration supports continued food-oriented use or another permitted commercial concept.
The property is located at 1012 Avalon Ave in Muscle Shoals, Alabama, with visibility along Avalon Avenue, access to the commercial corridor, and ample paved parking. The combination of dedicated refrigeration and an established storefront configuration supports continued food-oriented use or another permitted commercial concept.
Key Highlights
- 1,836‑square‑foot storefront property
- Brand‑new commercial cooler and freezer
- Previously operated as a butcher shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,203
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,060
$264.1K
Cap Rate 7%
$188,614
$188.6K
Cap Rate 9%
$146,700
$146.7K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$18.7K $10.20/SF
− Vacancy
−$1.1K −$0.61/SF
EGI
$17.6K $9.59/SF
− OpEx
−$4.4K −$2.40/SF
NOI
$13.2K $7.19/SF
Area
Colbert County, AL
Vacancy
6.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,060
Cap Rate 7%
$188,614
Cap Rate 9%
$146,700
Alternative Uses
Best Use
Specialty Retail
$188.6K
$165.0K – $220.1K
NOI $13,203 @ 7.0% cap · market cap 3.00%
Second Best
Retail
$163.7K
$143.2K – $191.0K
NOI $11,457 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$293.2K
$256.5K – $342.1K
NOI $20,523 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 33%
Bank Independent
Shops & Services
8,568 visits/mo
0.1 miles
LawLers Barbecue
Dining
5,146 visits/mo
0.3 miles
Mister Car Wash
Shops & Services
4,701 visits/mo
0.5 miles
Domino's Pizza
Dining
2,447 visits/mo
0.4 miles
Jiffy Lube
Shops & Services
1,903 visits/mo
0.4 miles
Demographics for 35661, AL
18,714
Population
8,911
Households
2.1
Avg Household Size
42
Median Age
24%
College-Educated
91%
High-School Grad
51.2 sq mi
ZIP Area
366
Density / Sq Mi
$66,726
Median Household Income
$43,826
Median Earnings
$917
Median Rent
$189,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Loving Allegiance — 801 Avalon Ave # 200, Muscle Shoals, AL 35661
- Sunflower Florist & Gardens Lawn Care — 1201 Woodward Ave, Muscle Shoals, AL 35661
Frequently Asked Questions
What type of property is this?
Storefront property - Includes commercial refrigeration and paved on-site parking.
Where is this storefront property located?
The property is located at 1012 Avalon Ave Muscle Shoals, AL.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: 1,836‑square‑foot storefront property; Brand‑new commercial cooler and freezer; Previously operated as a butcher shop
