Gas Station with Expansion
For Sale
$1,350,000
2400 W Point Pkwy, Opelika, AL 36804
Established roadside facility with parking and room for additional commercial occupancy near Interstate 85.
Property Size3,950 SF
Days on Market135
Property Features for 2400 W Point Pkwy
General Information
Standard status
Active
Size
3,950 SF
Property subtype
Retail
Occupancy
25%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Fuel Pumps
2
Building Details
Building Size
3,950 SF
Year Built
1992
Tenancy
Multi
Listed By:
Shawn Davis · License #422179
(706) 888-6157
Source:
Svn
Added: Jun 2
Changed: Sep 14
Last Checked: Oct 12 at 5:42PM
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 Shawn Davis
Investment Insights
Based on property information with market context.
Built in 1992, this established gas station occupies a large commercial property at 2400 W Point Pkwy in Opelika, Alabama. The site includes an operating gas station, on-site parking, and room for future development. The property is configured to accommodate up to four commercial units, with one unit currently operating, creating flexibility for additional retail, restaurant, office, or service uses.
The property is positioned on West Point Parkway near Interstate 85, providing convenient highway access and exposure to heavily traveled roadway traffic. Its commercial setting and existing improvements support continued gas station operations while allowing consideration of expanded occupancy across the site. The location is also described as minutes from Auburn and downtown Opelika.
The property is positioned on West Point Parkway near Interstate 85, providing convenient highway access and exposure to heavily traveled roadway traffic. Its commercial setting and existing improvements support continued gas station operations while allowing consideration of expanded occupancy across the site. The location is also described as minutes from Auburn and downtown Opelika.
Key Highlights
- Established gas station built in 1992
- Commercial property at 2400 W Point Pkwy, Opelika, AL 36804
- Near Interstate 85 with access from West Point Parkway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,594
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,880
$871.9K
Cap Rate 7%
$622,771
$622.8K
Cap Rate 9%
$484,378
$484.4K
Market Conditions
NOI Build-Up for 3,950 SF
Gross rent
$63.0K $15.96/SF
− Vacancy
−$4.9K −$1.24/SF
EGI
$58.1K $14.72/SF
− OpEx
−$14.5K −$3.68/SF
NOI
$43.6K $11.04/SF
Area
Lee County, AL
Vacancy
7.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,880
Cap Rate 7%
$622,771
Cap Rate 9%
$484,378
Alternative Uses
Best Use
Specialty Retail
$622.8K
$544.9K – $726.6K
NOI $43,594 @ 7.0% cap · market cap 3.23%
Second Best
Retail
$531.5K
$465.0K – $620.1K
NOI $37,203 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$963.4K
$843.0K – $1.12M
NOI $67,437 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
25%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Exxon
Shops & Services
10,639 visits/mo
0.5 miles
Circle K
Shops & Services
8,604 visits/mo
0.5 miles
Valero Energy
Shops & Services
3,101 visits/mo
0.4 miles
Demographics for 36804, AL
20,687
Population
8,515
Households
2.4
Avg Household Size
39
Median Age
32%
College-Educated
86%
High-School Grad
197.2 sq mi
ZIP Area
105
Density / Sq Mi
$57,842
Median Household Income
$42,942
Median Earnings
$802
Median Rent
$178,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Gas station - Established roadside facility with parking and room for additional commercial occupancy near Interstate 85.
Where is this gas station located?
The property is located at 2400 W Point Pkwy Opelika, AL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Established gas station built in 1992; Commercial property at 2400 W Point Pkwy, Opelika, AL 36804; Near Interstate 85 with access from West Point Parkway
