Storefront Property with
For Sale
$275,000
2211 Woodward Ave, Muscle Shoals, AL 35661
The property includes one full bath, one half-bath, and a kitchenette.
Property Size2,400 SF
Price / SF$114.58
Days on Market284
Property Features for 2211 Woodward Ave
General Information
Standard status
Active
Size
2,400 SF
Taxes and HOA fees
Annual Taxes
$1,548
Amenities
full bath
half-bath
kitchenette
Listing Agency:
5:41 Realty
Listed By:
Stacy Hughes · License #000116841
(256) 335-6518
Source:
Exprealty
Added: Jan 4
Changed: Oct 3
Last Checked: Oct 15 at 12:24AM
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 5:41 Realty
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Investment Insights
Based on property information with market context.
Located at 2211 Woodward Ave in Muscle Shoals, this 2,400-square-foot storefront property offers a practical commercial layout with a kitchenette, one full bathroom, and one half-bath. The space could be rented to two separate businesses, providing flexibility for an owner seeking multiple occupants or operating configurations.
The property sits in a high-traffic area on Muscle Shoals’ main commercial hub. Buyers should independently verify square footage and all other property information before proceeding.
The property sits in a high-traffic area on Muscle Shoals’ main commercial hub. Buyers should independently verify square footage and all other property information before proceeding.
Key Highlights
- 2,400‑square‑foot storefront property
- Located at 2211 Woodward Ave in Muscle Shoals
- Potential to accommodate two separate businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,976
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,520
$299.5K
Cap Rate 7%
$213,943
$213.9K
Cap Rate 9%
$166,400
$166.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$23.9K $9.96/SF
− Vacancy
−$2.5K −$1.05/SF
EGI
$21.4K $8.91/SF
− OpEx
−$6.4K −$2.67/SF
NOI
$15.0K $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%
$299,520
Cap Rate 7%
$213,943
Cap Rate 9%
$166,400
Alternative Uses
Best Use
Retail
$213.9K
$187.2K – $249.6K
NOI $14,976 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$383.3K
$335.4K – $447.1K
NOI $26,828 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
688
Businesses Nearby
253k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 22%
Apparel 10%
Groceries 6%
Chick-fil-A
Dining
39,828 visits/mo
0.4 miles
McDonald's
Dining
23,467 visits/mo
0.5 miles
Murphy USA
Shops & Services
21,776 visits/mo
0.5 miles
Bealls
Apparel
21,300 visits/mo
0.5 miles
Aldi
Groceries
16,115 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Loving Allegiance — 801 Avalon Ave # 200, Muscle Shoals, AL 35661
- Sunflower Florist & Gardens Lawn Care — 1201 Woodward Ave, Muscle Shoals, AL 35661
Frequently Asked Questions
What type of property is this?
Storefront property - The property includes one full bath, one half-bath, and a kitchenette.
Where is this storefront property located?
The property is located at 2211 Woodward Ave Muscle Shoals, AL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2,400‑square‑foot storefront property; Located at 2211 Woodward Ave in Muscle Shoals; Potential to accommodate two separate businesses
