Renovated Convenience
18845 Prine Road, Citronelle, AL 36522
For Sale
$325,000
B1-zoned property includes a beer cave, coffee station, and stand-up coolers.
Property Size1,573 SF
Lot Size3.40 Acres
Price / SF$206.61
Days on Market194
Property Features for 18845 Prine Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Automotive
Automotive Uses
Convenience Store
Additional Details
Real Estate Included
Taxes and HOA fees
Annual Taxes
Amenities
beer cave
coffee station
stand-up coolers
High Ceilings 10 or Greater
Restrooms
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Citronelle Realty
(251) 866-2182
Listed By:
Vincent Yancey · License #123629
(251) 610-2934
Source:
Gracetysonrealestate
Added: Apr 30
Changed: Nov 7
Last Checked: Nov 8 at 5:05PM
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 Citronelle Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1,573-square-foot convenience store was built in 1984 and has renovated interiors and coolers. Its fixtures include a beer cave, coffee station, and stand-up coolers. The existing gas pumps and tanks require replacement.
The property at 18845 Prine Road sits on more than 3.4 acres at the edge of Citronelle, with additional land available for building or expansion.
The property at 18845 Prine Road sits on more than 3.4 acres at the edge of Citronelle, with additional land available for building or expansion.
Key Highlights
- More than 3.4 acres accompany the convenience store
- 1,573‑square‑foot store built in 1984
- Renovated store and coolers; includes a beer cave, coffee station, and stand‑up coolers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,031
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,620
$360.6K
Cap Rate 7%
$257,586
$257.6K
Cap Rate 9%
$200,344
$200.3K
Market Conditions
NOI Build-Up for 1,573 SF
Gross rent
$26.8K $17.04/SF
− Vacancy
−$1.0K −$0.66/SF
EGI
$25.8K $16.38/SF
− OpEx
−$7.7K −$4.91/SF
NOI
$18.0K $11.46/SF
Area
Mobile County, AL
Vacancy
3.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,620
Cap Rate 7%
$257,586
Cap Rate 9%
$200,344
Alternative Uses
Best Use
Retail
$257.6K
$225.4K – $300.5K
NOI $18,031 @ 7.0% cap · market cap 5.55%
Second Best
Specialty Retail
$236.4K
$206.8K – $275.8K
NOI $16,546 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$387.6K
$339.1K – $452.2K
NOI $27,129 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36522, AL
7,396
Population
3,039
Households
2.4
Avg Household Size
39
Median Age
8%
College-Educated
88%
High-School Grad
233.1 sq mi
ZIP Area
32
Density / Sq Mi
$48,961
Median Household Income
$36,765
Median Earnings
$732
Median Rent
$151,500
Median Home Value
Check the figures for this property
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View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - B1-zoned property includes a beer cave, coffee station, and stand-up coolers.
Where is this grocery and convenience store located?
The property is located at 18845 Prine Road Citronelle, AL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: More than 3.4 acres accompany the convenience store; 1,573‑square‑foot store built in 1984; Renovated store and coolers; includes a beer cave, coffee station, and stand‑up coolers
