Freestanding Retail
For Sale
Contact for pricing
202 West Avalon Avenue, Muscle Shoals, AL 35661
Two-story commercial property with a drive-through, paved parking, and flexible space for retail, office, medical, or service uses.
Property Size4,620 SF
Lot Size0.59 Acres
Price / SF$193.72
Days on Market53
Property Features for 202 West Avalon Avenue
General Information
Standard status
Active
Size
4,620 SF
Total Parking Spaces
22
Lot size
0.59 Acres
Property subtype
Retail, Office
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
20,000 vehicles/day
Road Access
Yes
Building Details
Year Built
1993
Buildings
1
Stories
2
Construction
brick veneer
Listing Agency:
Pounders & Associates, Inc
Listed By:
Justin Bishop · License #AL 000086299
(256) 349-7188
Source:
Crexi
Added: Sep 8
Changed: Oct 28
Last Checked: Oct 28 at 8:37AM
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 Pounders & Associates, Inc
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Investment Insights
Based on property information with market context.
This freestanding two-story commercial property contains approximately 4,620 square feet, with about 3,300 square feet on the ground level and 1,320 square feet upstairs. The upper floor includes an executive office and storage area, while the ground floor measures approximately 82'6" x 40'. A two-lane drive-through, 22 paved parking spaces, and two existing pneumatic tube systems add operational functionality. Brick veneer, a shingle roof, and wood-frame construction date to 1993.
The building occupies an approximately 0.59-acre corner parcel at the signalized intersection of Avalon Avenue and Beverly Avenue in Muscle Shoals. Frontage includes roughly 150 feet along Avalon Avenue and 172 feet along Beverly Avenue. Avalon Avenue carries approximately 20,000 vehicles per day, and the property is positioned in front of Shoals Hospital and near Walmart.
The building occupies an approximately 0.59-acre corner parcel at the signalized intersection of Avalon Avenue and Beverly Avenue in Muscle Shoals. Frontage includes roughly 150 feet along Avalon Avenue and 172 feet along Beverly Avenue. Avalon Avenue carries approximately 20,000 vehicles per day, and the property is positioned in front of Shoals Hospital and near Walmart.
Key Highlights
- Approximately 4,620 SF across two floors, including 3,300 SF on the ground floor and 1,320 SF upstairs
- Approximately 0.59‑acre corner lot with 150 feet of Avalon Avenue frontage and 172 feet along Beverly Avenue
- Approximately 20,000 vehicles per day on Avalon Avenue at a signalized intersection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,829
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,580
$576.6K
Cap Rate 7%
$411,843
$411.8K
Cap Rate 9%
$320,322
$320.3K
Market Conditions
NOI Build-Up for 4,620 SF
Gross rent
$46.0K $9.96/SF
− Vacancy
−$4.8K −$1.05/SF
EGI
$41.2K $8.91/SF
− OpEx
−$12.4K −$2.67/SF
NOI
$28.8K $6.24/SF
Area
Colbert County, AL
Vacancy
10.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,580
Cap Rate 7%
$411,843
Cap Rate 9%
$320,322
Alternative Uses
Best Use
Retail
$411.8K
$360.4K – $480.5K
NOI $28,829 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$737.8K
$645.5K – $860.7K
NOI $51,643 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
20,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
328k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Superstores 26%
Shops & Services 16%
Apparel 8%
Walmart
Superstores
86,884 visits/mo
0.2 miles
Chick-fil-A
Dining
39,828 visits/mo
0.3 miles
McDonald's
Dining
23,467 visits/mo
0.5 miles
Murphy USA
Shops & Services
21,776 visits/mo
0.1 miles
Bealls
Apparel
21,300 visits/mo
0.2 miles
Demographics for 35661, AL
18,714
Population
8,911
Households
2.1
Avg Household Size
42
Median Age
24%
College-Educated
91%
High-School Grad
51.2 sq mi
ZIP Area
366
Density / Sq Mi
$66,726
Median Household Income
$43,826
Median Earnings
$917
Median Rent
$189,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Two-story commercial property with a drive-through, paved parking, and flexible space for retail, office, medical, or service uses.
Where is this retail space located?
The property is located at 202 West Avalon Avenue Muscle Shoals, AL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Approximately 4,620 SF across two floors, including 3,300 SF on the ground floor and 1,320 SF upstairs; Approximately 0.59‑acre corner lot with 150 feet of Avalon Avenue frontage and 172 feet along Beverly Avenue; Approximately 20,000 vehicles per day on Avalon Avenue at a signalized intersection
