24141 AL Hwy 24 Trinity, AL 35673
Prime corner lot suitable for a destination-grade convenience store.
Property Features for 24141 AL Hwy 24
General Information
- Standard status
- Active
- Size
- 4,744 SF
- Lot size
- 3.00 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing office Aegis Commercial Real Estate LLC
Listing date Nov 17, 2025
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Aegis Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime 3‑acre corner lot with high visibility at Hwy 24 and County Road 327.
- $800,000 incentive package from Marathon Oil Corporation, including 10 new pumps, underground tanks, and canopy.
- High‑exposure redevelopment opportunity for a destination‑grade convenience store/travel stop.
Local 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 | $75.7k | $15.96 |
| − Vacancy | −$5.1k | −$1.09 |
| EGI | $70.6k | $14.87 |
| − OpEx | −$17.6k | −$3.72 |
| NOI | $52.9k | $11.16 |
