Restaurant
1254 US HIGHWAY 431, Boaz, AL 35957
For Sale
$475,000
Commercial Sale, BOAZ, AL
Property Size2,610 SF
Price / SF$181.99
Days on Market419
Property Features for 1254 US HIGHWAY 431
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Security features
Lot features
Directions
Standard status
APN
Size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Floors in Building
Flooring type
Building materials
Listing Agency:
Impact Realty, LLC
(256) 459-4001
Listed By:
Hollie Bobo · License AL #124569
(256) 302-4557
Added: Sep 20, 2025
Changed: Nov 3
Last Checked: Nov 12 at 6:06AM
MLS# 21899667
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,610-square-foot restaurant building in Boaz has brick construction, tile and concrete flooring, and two bathrooms. It previously housed a fast-food restaurant. Central heating uses natural gas, and the property has central air conditioning and public water. A parking lot serves the building at its US Highway 431 address.
Key Highlights
- 2,610‑square‑foot restaurant building
- Two bathrooms
- On‑site parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,247
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,940
$564.9K
Cap Rate 7%
$403,529
$403.5K
Cap Rate 9%
$313,856
$313.9K
Market Conditions
NOI Build-Up for 2,610 SF
Gross rent
$40.7K $15.60/SF
− Vacancy
−$3.1K −$1.17/SF
EGI
$37.7K $14.43/SF
− OpEx
−$9.4K −$3.61/SF
NOI
$28.2K $10.82/SF
Area
Marshall County, AL
Vacancy
7.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,940
Cap Rate 7%
$403,529
Cap Rate 9%
$313,856
Alternative Uses
Best Use
Specialty Retail
$403.5K
$353.1K – $470.8K
NOI $28,247 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$563.3K
$492.9K – $657.2K
NOI $39,433 @ 7.0% cap · market cap 8.30%
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
388
Businesses Nearby
18k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Taco Bell
Dining
17,880 visits/mo
0.2 miles
Demographics for 35957, AL
16,849
Population
6,755
Households
2.5
Avg Household Size
36
Median Age
13%
College-Educated
85%
High-School Grad
78.3 sq mi
ZIP Area
215
Density / Sq Mi
$53,859
Median Household Income
$35,277
Median Earnings
$679
Median Rent
$142,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- China Buffet — 2044 US-431, Boaz, AL 35957
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The building includes two bathrooms and a dedicated parking lot for restaurant operations.
Where is this conventional restaurant located?
The property is located at 1254 US HIGHWAY 431 Boaz, AL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,610‑square‑foot restaurant building; Two bathrooms; On‑site parking lot
