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

    903 Rucker Boulevard Enterprise, AL 36330

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Freestanding 14,564 SF building in Enterprise retail hub.

    Added:
    Nov 25, 2025
    Days on Market:
    161
    Last Refresh:
    Apr 6 at 1:17 am

    Property Features for 903 Rucker Boulevard

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Kathy Dennis, CCIM

    Listing agent Kathy Dennis, CCIM

    Listing office

    Listing date Nov 25, 2025

    Source Tscg

    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 Kathy Dennis, CCIM

    Overview

    Enterprise Retail Hub Opportunity

    Located near downtown Enterprise, Alabama, this 14,564-square-foot freestanding building is situated at the corner of Rucker Boulevard and Boll Weevil Circle, in the primary retail hub of the Enterprise market. The property, formerly a Walgreens, features two pole signs. The location provides convenient access to dining options, Wilderness Park, Lake Tholocco, retail centers, and essential services. The property is currently leased and will be available in February 2026.
    Location Intelligence

    Current Use by Public Records

    higi Physician Family Dollar Discount Store Cheryl Massey Pharmacy CDReload - Online Bitcoin ... Crypto Atm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Walgreens Pharmacy — 900 Rucker Blvd, Enterprise, AL 36330
    • Center Drugs of Enterprise — 607 Boll Weevil Cir, Enterprise, AL 36330
    • Walmart Pharmacy — 600 Boll Weevil Cir, Enterprise, AL 36330
    • Bryan Pharmacy — 736 Glover Ave, Enterprise, AL 36330
    • Enterprise Health Foods — 600 Boll Weevil Cir # 4, Enterprise, AL 36330

    Location Insight

    • Map
    • Local Demand
    City
    Enterprise
    County
    Coffee
    State
    Alabama
    Longitude
    -85.8297
    Latitude
    31.3237

    Nearby Similar for Sale

    • $380,000

      Downtown Enterprise Mixed-Use Opportunity

      Redevelopment or renovation opportunity in a thriving downtown location.
      218 Main St, Enterprise, AL 36330
      View Details
    • $249,500

      Downtown Enterprise Freestanding Office Building

      Freestanding office building in downtown Enterprise, Alabama.
      114 Conner Street, Enterprise, AL 36330
      View Details
    • $795,000

      Enterprise Showroom and Warehouse

      Showroom and warehouse space available for sale in Enterprise, Alabama.
      1106 Rucker Blvd, Enterprise, AL 36330
      View Details
    • $999,000

      Medical Office Building For Sale

      Three-unit medical office building in Enterprise, Alabama.
      1275 James, Enterprise, AL 36330
      View Details
    • $199,000
      3,600 SF

      Enterprise, AL Multifamily Investment Opportunity

      Four-unit multifamily property near Fort Rucker in Enterprise, Alabama.
      118 Weeks Drive, Enterprise, AL 36330
      View Details
    • $170,000
      2,736 SF

      Enterprise, AL Triplex Investment

      Multi-unit investment opportunity with long-term tenants and property manager.
      309 Colony Dr, Enterprise, AL 36330
      View Details
    • $190,000
      3,678 SF

      Enterprise Quadplex Investment Opportunity

      Multi-unit investment property with long-term tenants and potential rent increases.
      307 Colony Dr, Enterprise, AL 36330
      View Details
    • $24
      10,000 SF

      Downtown Enterprise Retail/Office Space

      Retail or office space with build-to-suit options in Enterprise.
      201 S Main St, Enterprise, AL 36330
      View Details
    • $640,000
      7,890 SF

      Enterprise Industrial Building For Sale

      7,890 SF industrial building on 2.1 acres.
      304 Boll Weevil Cir, Enterprise, AL, Enterprise, AL 36330
      View Details
    • $1,704,041
      6,747 SF

      Flowers Foods Net Leased Property

      Single tenant retail and distribution property with long-term lease.
      612 Glover Ave, Enterprise, AL
      View Details
    • Contact for pricing
      5,240 SF

      Modern Medical Office Shell Space

      First-generation medical office space in a Class A building.
      102 Jackson St, Enterprise, AL 36330
      View Details
    • $7
      24,000 SF

      Upgraded Industrial Building on Corner Lot

      24,000 sq ft upgraded building with excellent access and visibility.
      1570 Parker Lane, Enterprise, AL 36330
      View Details

    FAQs

    What type of property is this?
    Drug store - Freestanding 14,564 SF building in Enterprise retail hub.
    Where is this drug store located?
    The property is located at 903 Rucker Boulevard Enterprise, AL.
    What are key features of this property?
    This property features: Located in the primary retail hub of Enterprise, AL at the corner of Rucker Blvd and Boll Weevil Circle.; 14,564 SF freestanding building (former Walgreens).; Close proximity to downtown Enterprise dining options.
    (205) 776-6708
    We can help!
    Listing Contact
    Kathy Dennis, CCIM
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    903 Rucker Boulevard, Enterprise, AL 36330
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!