Convenience Store with Ample
New
For Sale
$725,000
1040 US 43, Eutaw, AL 35462
COMMERCIAL - Eutaw, AL
Property Size3,600 SF
Lot Size2.96 Acres
Price / SF$201.39
Days on Market7
Property Features for 1040 US 43
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
3,600 SF
Lot size
2.96 Acres
Building Details
Year built
2001
Listing Agency:
NextHome Legacy Group
(205) 507-1103
Listed By:
Legacy Lane Listings · License #PersonLicenseNumber
(205) 799-7387
Added: Jul 29
Last Checked: Aug 4 at 6:06AM
MLS# 176114
Copyright © 2026 NextHome, 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.
Convenience store property offered for sale as a combined real estate and business opportunity. The sale includes the land, the building, and the established convenience store business, positioned for an owner-operator or investor seeking to operate on-site. The property is set up with ample parking and easy customer access for everyday shopping needs.
The site totals 2.96 acres and includes a 3,600-square-foot building built in 2001. The address is 1040 US 43, Eutaw, AL 35462. The offering is described as benefiting from visibility and road frontage along a well-traveled roadway.
For buyers evaluating a convenience retail use, this package provides both the physical improvements and the ongoing business as part of the same transaction.
The site totals 2.96 acres and includes a 3,600-square-foot building built in 2001. The address is 1040 US 43, Eutaw, AL 35462. The offering is described as benefiting from visibility and road frontage along a well-traveled roadway.
For buyers evaluating a convenience retail use, this package provides both the physical improvements and the ongoing business as part of the same transaction.
Key Highlights
- 2.96‑acre convenience store lot with ample parking
- 3,600‑square‑foot building built in 2001
- Sale includes land, building, and the established convenience store business
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $18.00 |
| − Vacancy | −$4.4k | −$1.22 |
| EGI | $60.4k | $16.78 |
| − OpEx | −$15.1k | −$4.19 |
| NOI | $45.3k | $12.58 |
3,600 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$647.1K
$566.2K – $754.9K
NOI $45,295 @ 7.0% cap · market cap 6.25%
Second Best
Retail
$577.5K
$505.4K – $673.8K
NOI $40,428 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$865.1K
$757.0K – $1.01M
NOI $60,558 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35462, AL
4,648
Population
2,270
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
80%
High-School Grad
284.8 sq mi
ZIP Area
16
Density / Sq Mi
$32,114
Median Household Income
$26,273
Median Earnings
$96,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Convenience store property on a 2.96-acre lot with ample parking, built in 2001, and includes the business.
Where is this grocery and convenience store located?
The property is located at 1040 US 43 Eutaw, AL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2.96‑acre convenience store lot with ample parking; 3,600‑square‑foot building built in 2001; Sale includes land, building, and the established convenience store business
