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

    1986 Co Rd 57 Prattville, AL 36067

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,388,358

    Dollar General Plus in Montgomery MSA, absolute net lease.

    Type:Retail
    Property size:
    10,640 SF
    Added:
    Mar 19, 2026
    Days on Market:
    15
    Last Refresh:
    Mar 20 at 8:46 pm

    Property Features for 1986 Co Rd 57

    General Information

    Standard status
    Active
    Size
    10,640 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2017

    We can help!

    Listing Contact
    Gill Warner
    Gill Warner

    Listing agent Gill Warner License #OK 131858

    Listing office Northmarq - Tulsa

    Listing date Mar 19, 2026

    Source Crexi

    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 Northmarq - Tulsa

    Overview

    Dollar General Plus For Sale

    This commercial property is a Dollar General Plus located within the Montgomery Metropolitan Statistical Area. The property operates under an absolute net lease (NNN). It is situated near a master-planned community with an estimated value of $500 million. The building has a size of 10640 square feet and is suitable for retail or commercial use.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Building Supply Big Box & Wholesale Store HVAC Service Grocery & Convenience Store Wine and Liquor Store Car Rental Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Prattville
    County
    Autauga
    State
    Alabama
    Longitude
    -86.552271
    Latitude
    32.580598

    Nearby Similar for Sale

    • $320,000

      Prattville Church and Ministry Facility

      Church facility with sanctuary, fellowship hall, classrooms, and offices.
      1353 Reed Street, Prattville, AL 36067
      View Details
    • $650,000

      Prattville Farm with Equestrian Features

      110-acre farm equipped for horses and cattle in Prattville.
      0 Perry Hills Hog Parlor Road, Prattville, AL 36067
      View Details
    • $144,900
      1,726 SF

      Prattville Office Building For Sale

      Office building with great potential in a prime location.
      1110 E Main Street, Prattville, AL 36066
      View Details
    • Contact for pricing
      6,830 SF

      Freestanding Restaurant in Retail Corridor

      Prime restaurant property for reuse or redevelopment in Prattville, AL.
      2301 Cobbs Ford Road, Prattville, AL 36066
      View Details
    • Contact for pricing
      700 SF

      Freestanding Drive-Thru in Retail Corridor

      Former coffee drive-thru in Prattville's retail hub.
      400 S Memorial Dr, Prattville, AL 36067
      View Details
    • $1,800,000
      8,125 SF

      Prattville Office Building For Sale

      Office building in growing retail corridor with easy highway access.
      270 Interstate Hwy Park Loop, Prattville, AL 36066
      View Details
    • $89,900
      1,554 SF

      Prattville Commercial Building For Sale

      1554 SF building on 0.5 acre lot in Prattville, AL.
      1717 S Memorial Drive, Prattville, AL 36067
      View Details
    • $89,900
      1,550 SF

      Restaurant Building on Half Acre

      1550 SF restaurant on 0.5 acre lot for sale.
      1717 S Memorial Drive, Prattville, AL 36067
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Dollar General Plus in Montgomery MSA, absolute net lease.
    Where is this grocery and convenience store located?
    The property is located at 1986 Co Rd 57 Prattville, AL.
    What is the asking price?
    The asking price for this property is $1,388,358.
    What are key features of this property?
    This property features: Dollar General Plus (larger format store); Absolute Net Lease (NNN); Located in Montgomery MSA (Metropolitan Statistical Area)
    (918) 494-2690
    We can help!
    Listing Contact
    Gill Warner
    Gill Warner
    Real Estate License ID: OK 131858
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!