Convenience Store and Gas
For Sale
$875,000
2134 S Hickory St, Loxley, AL 36551
Operating convenience store with gas fueling and an approximately 850 SF car wash, with updated fuel and electrical systems.
Property Size2,280 SF
Price / SF$383.77
Days on Market161
Property Features for 2134 S Hickory St
General Information
Standard status
Active
Size
2,280 SF
Property subtype
Retail - Street Retail
Additional Details
Business Included
Yes
Building Details
Building Size
2,280 SF
Year Built
1989
Listing Agency:
White-Spunner Realty
Listed By:
Crawford Stitt · License #0001357740
(251) 295-1328
Source:
Commercialcafe
Added: May 14
Changed: Oct 19
Last Checked: Oct 20 at 5:16PM
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 White-Spunner Realty
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Investment Insights
Based on property information with market context.
This for-sale property operates as a Shell c-store and gas station, offering an approximately 2,280 SF retail side and an approximately 850 SF car wash. Improvements include new tank linings and a new electrical/control system for the fuel system, with an emergency shutoff installed, along with new electrical for the entire store and new fuel pumps. The fuel system includes an 8,000-gallon tank for regular, an 8,000-gallon tank for diesel, and an 8,000-gallon tank for premium.
Recent approvals noted include an Adem approval on the fuel system. Additional details of the property are available upon request, including documentation related to the fuel system updates.
Recent approvals noted include an Adem approval on the fuel system. Additional details of the property are available upon request, including documentation related to the fuel system updates.
Key Highlights
- Convenience store and Shell gas station with an approximately 2,280 SF retail store
- Fueling includes three 8,000‑gallon tanks: Premium, Regular, and Diesel
- Approximately 850 SF car wash included on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,448
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,960
$549.0K
Cap Rate 7%
$392,114
$392.1K
Cap Rate 9%
$304,978
$305.0K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$38.9K $17.04/SF
− Vacancy
−$2.3K −$0.99/SF
EGI
$36.6K $16.05/SF
− OpEx
−$9.1K −$4.01/SF
NOI
$27.4K $12.04/SF
Area
Baldwin County, AL
Vacancy
5.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,960
Cap Rate 7%
$392,114
Cap Rate 9%
$304,978
Alternative Uses
Best Use
Specialty Retail
$392.1K
$343.1K – $457.5K
NOI $27,448 @ 7.0% cap · market cap 3.14%
Second Best
Retail
$350.5K
$306.7K – $408.9K
NOI $24,534 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$548.3K
$479.8K – $639.7K
NOI $38,381 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
62k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 32%
Dining 21%
Piggly Wiggly
Groceries
19,781 visits/mo
0.3 miles
Circle K
Shops & Services
14,344 visits/mo
0.5 miles
Jack's Family Restaurants
Dining
11,788 visits/mo
0.1 miles
Dollar General
Shops & Services
7,891 visits/mo
0.1 miles
Family Dollar
Shops & Services
3,620 visits/mo
0.3 miles
Demographics for 36551, AL
10,514
Population
4,309
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
94%
High-School Grad
68.7 sq mi
ZIP Area
153
Density / Sq Mi
$68,625
Median Household Income
$34,784
Median Earnings
$1,151
Median Rent
$236,900
Median Home Value
Check the figures for this property
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?
Gas station - Operating convenience store with gas fueling and an approximately 850 SF car wash, with updated fuel and electrical systems.
Where is this gas station located?
The property is located at 2134 S Hickory St Loxley, AL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Convenience store and Shell gas station with an approximately 2,280 SF retail store; Fueling includes three 8,000‑gallon tanks: Premium, Regular, and Diesel; Approximately 850 SF car wash included on‑site
