Convenience Store and Gas
2134 S Hickory St Loxley, AL 36551
For Sale
Contact for pricing
Operating convenience store and gas station with a 850 SF-plus car wash and multiple new fuel system components.
Property Size2,280 SF
Price / SF$416.67
Days on Market72
Property Features for 2134 S Hickory St
General Information
- Standard status
- Active
- Size
- 2,280 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1989
Listing Agency:
White-Spunner Realty
(251) 295-1328
Listed By:
Crawford Stitt · License #000135774-0
Source:
Crexi
Added: May 14
Changed: Jul 22
Last Checked: Jul 22 at 9:37AM
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 White-Spunner Realty
Investment Insights
Based on property information with market context.
This property is a currently operating convenience store and gas station, operating as a Shell. The site includes a retail convenience store area of 2,280 square feet and a car wash area measuring 850± square feet.
The fuel infrastructure includes new 8,000-gallon tanks for premium, regular, and diesel, along with a new electrical/control system for the fuel system featuring an emergency shutoff. Additional improvements listed include new electrical for the entire store, new fuel pumps, and a recent Adem approval on the fuel system.
The combination of active retail and fuel service, along with the included car wash, provides a diversified vehicle-focused operation under one roof and one fuel system.
The fuel infrastructure includes new 8,000-gallon tanks for premium, regular, and diesel, along with a new electrical/control system for the fuel system featuring an emergency shutoff. Additional improvements listed include new electrical for the entire store, new fuel pumps, and a recent Adem approval on the fuel system.
The combination of active retail and fuel service, along with the included car wash, provides a diversified vehicle-focused operation under one roof and one fuel system.
Key Highlights
- Convenience store and gas station operating as a Shell
- 2,280 SF retail store plus 850 SF‑plus car wash
- Tank setup includes 8,000‑gallon regular, 8,000‑gallon diesel, and 8,000‑gallon premium tanks
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.9k | $17.04 |
| − Vacancy | −$2.3k | −$0.99 |
| EGI | $36.6k | $16.05 |
| − OpEx | −$9.1k | −$4.01 |
| NOI | $27.4k | $12.04 |
2,280 SF · lease $17.04/SF/yr · vacancy 5.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$392.1K
$343.1K – $457.5K
NOI $27,448 @ 7.0% cap · market cap 2.89%
Second Best
Retail
$350.5K
$306.7K – $408.9K
NOI $24,534 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$548.3K
$479.8K – $639.7K
NOI $38,381 @ 7.0% cap · market cap 4.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shell
Gas Station
FAQs
What type of property is this?
Gas station - Operating convenience store and gas station with a 850 SF-plus car wash and multiple new fuel system components.
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 $950,000.
What are key features of this property?
This property features: Convenience store and gas station operating as a Shell; 2,280 SF retail store plus 850 SF‑plus car wash; Tank setup includes 8,000‑gallon regular, 8,000‑gallon diesel, and 8,000‑gallon premium tanks
