Convenience Store and Real
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 Market4
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: Jul 31 at 11:06PM
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.
This offering includes the land, building, and an established convenience store business, providing a turnkey option for an owner-operator or investor. The property is sized at 2.96 acres and includes a 3,600 square foot storefront with ample parking and customer-friendly access.
Located at 1040 US 43 in Eutaw, Alabama, the property benefits from excellent road frontage and exposure along a well-traveled roadway.
The sale is positioned as an all-in-one purchase of the real estate and operating business, suitable for continued convenience store operations or redevelopment planning.
Located at 1040 US 43 in Eutaw, Alabama, the property benefits from excellent road frontage and exposure along a well-traveled roadway.
The sale is positioned as an all-in-one purchase of the real estate and operating business, suitable for continued convenience store operations or redevelopment planning.
Key Highlights
- Commercial property built in 2001
- Sale includes the land, building, and established convenience store business
- Convenience store with road frontage on a well‑traveled roadway
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
Yes
Paved road access
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 - For sale on US 43 with land, building, and an established convenience store business included.
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: Commercial property built in 2001; Sale includes the land, building, and established convenience store business; Convenience store with road frontage on a well‑traveled roadway
