Freestanding Restaurant
For Sale
$475,000
1254 US HIGHWAY 431, Boaz, AL 35957
Commercial Sale, BOAZ, AL
Property Size2,610 SF
Price / SF$181.99
Days on Market405
Property Features for 1254 US HIGHWAY 431
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
50
Parking features
Parking Lot
Security features
Security System
Lot features
High Visibility
Directions
Located on 431 N in Boaz next to Chevrolet of Boaz
Standard status
Active
APN
18-09-31-4-001-044.000
Size
2,610 SF
Taxes and HOA fees
Tax Description
146 X 176.3 .55AC COM SW COR TRACT 2 J A KILPATRICK LANDS TH SELY 185' TO BEG TH E 176.3'; SLY 162.2'; WLY 141.6'; NWLY 145' TO BEG
Legal Description
146 X 176.3 .55AC COM SW COR TRACT 2 J A KILPATRICK LANDS TH SELY 185' TO BEG TH E 176.3'; SLY 162.2'; WLY 141.6'; NWLY 145' TO BEG
Utilities
Heating system
Central, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Tile, Concrete
Building materials
Brick
Listing Agency:
Impact Realty, LLC
(256) 459-4001
Listed By:
Hollie Bobo · License #124569
(256) 302-4557
Added: Sep 20, 2025
Changed: Oct 29
Last Checked: Oct 29 at 1:06PM
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.
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Investment Insights
Based on property information with market context.
This 2,610-square-foot restaurant property sits on 0.5244 acres and includes two bathrooms, concrete and tile flooring, and a compressor. Central heating and central air serve the building, while public water and public sewer are available. A parking lot provides on-site parking.
The property is located at 1254 US Highway 431 in Boaz, Alabama, with a 35957 ZIP Code. Its prior restaurant operation and existing physical features support continued food-service use, subject to applicable requirements and approvals.
The property is located at 1254 US Highway 431 in Boaz, Alabama, with a 35957 ZIP Code. Its prior restaurant operation and existing physical features support continued food-service use, subject to applicable requirements and approvals.
Key Highlights
- 2,610‑square‑foot restaurant building on 0.5244 acres
- Located at 1254 US Highway 431, Boaz, AL 35957
- Compressor included with the property
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 - Food-service building with kitchen-related equipment, central HVAC, and an on-site parking lot.
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 on 0.5244 acres; Located at 1254 US Highway 431, Boaz, AL 35957; Compressor included with the property
