Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1089 Eufaula Ave Eufaula, AL 36027

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $749,500

    Prime Eufaula Commercial Space, 2501 sq ft

    Property size:
    2,501 SF

    Property Features for 1089 Eufaula Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,501 SF

    Building Details

    Year Built
    1978

    We can help!

    Listing Contact
    John Baker

    Listing Agency: Baker Realty Listing Agent: John Baker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial property, located at 1089 S Eufaula Avenue in Eufaula, Alabama, presents a significant investment opportunity. Boasting a substantial 2,501 square feet of space, this general commercial building is ideally situated for a variety of business ventures. The property sits on a lot with no acreage listed, offering convenient access and minimal land maintenance. Priced at $749,500, this property represents a compelling value proposition for discerning investors seeking a foothold in the vibrant Eufaula market. The building's versatile layout allows for customization to suit diverse business needs, making it an attractive option for entrepreneurs and established companies alike. Its strategic location within Eufaula provides excellent visibility and accessibility, ensuring high potential for customer traffic and business growth. The property's condition and specific features require further due diligence and inspection to fully assess its potential. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. This is a rare opportunity to acquire a well-positioned commercial space in a thriving Alabama community. Don't miss out on this chance to secure a valuable asset in a dynamic market. Further details regarding the property's specifics are available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hartz Krispy Chicken Restaurant Big H Chicken Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Gym & Fitness Center Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eufaula
    County
    Al Counties
    State
    Alabama
    Longitude
    -85.14866
    Latitude
    31.87849

    Nearby Similar for Sale

    • $775,000
      6,805 SF

      Eufaula Commercial Property on Highway 431

      Highly visible 6,805 SF commercial building on 1.73 acres.
      1205 S Eufaula Ave, Eufaula, AL 36027
      View Details
    • $350,000
      4,250 SF

      Historic Downtown Eufaula Commercial Property

      Charming 1875 building in historic downtown Eufaula, Alabama.
      124 E Broad St, Eufaula, AL 36027
      View Details
    • $299,900
      3,491 SF

      Craftsman Home Ideal for Office

      Craftsman home suitable for office or large family.
      125 S Orange Ave, Eufaula, AL 36027
      View Details
    • $824,750
      31,864 SF

      Eufaula Industrial Property For Sale

      Well-established commercial property in Eufaula's industrial zone, ideal for manufacturing.
      107 Industrial Park Dr, Eufaula, AL 36027
      View Details
    • $295,000
      2,860 SF

      Eufaula Commercial Building on Broad

      Remodeled commercial building on Eufaula's bustling Broad Street.
      131 E Broad St, Eufaula, AL 36027
      View Details
    • $824,750
      10.00 Acres

      Eufaula Industrial Property For Sale

      Established industrial property in Eufaula's original industrial zone.
      107 Industrial Park Dr, Eufaula, AL 36027
      View Details
    • $250,000
      7,600 SF

      Historic Depot in Downtown Eufaula

      Historic 7,600 SF depot in downtown Eufaula, Alabama.
      300 Randolph Ave, Eufaula, AL 36027
      View Details
    • $225,000
      2,580 SF

      Prime Commercial Building on Hwy 82

      2,580 sq ft building with high-visibility frontage on Hwy 82.
      231 E Barbour St, Eufaula, AL 36027
      View Details
    • $749,500
      2,501 SF

      Eufaula Restaurant: Turnkey Business Opportunity

      Established family restaurant with fixtures and equipment included in sale.
      1089 S Eufaula Ave, Eufaula, AL 36027
      View Details
    • New
      $124,900
      780 SF

      Downtown Commercial Building For Sale

      Versatile commercial building in downtown Eufaula, Alabama.
      120 N Randolph Ave, Eufaula, AL 36027
      View Details
    • $199,000
      5,466 SF

      Historic Warehouse with Development Potential

      Historic warehouse near downtown Eufaula, Alabama, on 2.39 acres.
      305 S Orange Ave, Eufaula, AL 36027
      View Details
    • $199,000
      5.51 Acres

      Eufaula Commercial Property on Highway

      Two parcels with building and barn on growing corridor.
      4119 S Eufaula Ave, Eufaula, AL 36027
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Eufaula Commercial Space, 2501 sq ft
    Where is this commercial real estate located?
    The property is located at 1089 Eufaula Ave Eufaula, AL.
    What is the asking price?
    The asking price for this property is $749,500.
    (334) 703-8765
    Request Owner's contact information
    1089 Eufaula Ave Eufaula, AL 36027
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1089 Eufaula Ave
    Eufaula, AL 36027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1089 Eufaula Ave Eufaula, AL 36027
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Baker
    Real Estate License ID: 14203
    (334) 703-8765 (334) 687-0048 (858) 673-4640
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!