Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Eufaula Commercial Property For Sale Title is generated by Realmo AI

    2455 Springhill Road, Eufaula, AL 36027

    View on Map
    Claim this Listing
    For Sale
    $141,000

    COMMERCIAL - Eufaula, AL

    Property size:
    1,870 SF
    Lot size:
    2.24 Acres
    Price / SF:
    $75/SF
    Added:
    Nov 21, 2023
    Days on Market:
    917
    Last Refresh:
    May 26 at 4:06 am

    Property Features for 2455 Springhill Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    0001
    Standard status
    Active
    Size
    1,870 SF
    Lot size
    2.24 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    Parcel# 03-08-28-0-000-013-002
    Tax Annual Amount
    41

    Building Details

    Year built
    1975

    We can help!

    Listing Contact
    Linda Letourneau
    Linda Letourneau

    Listing agent Linda Letourneau

    Listing office BAKER REALTY, INC. P.O. BOX 145, EUFAULA, AL

    Listing date Nov 21, 2023

    MLS# 25482

    Copyright © 2026 Eufaula Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Functioning gas pumps, recently checked in 2023
    • Includes all appliances and shelving
    • New roof installed in 10/23
    • Building is in good shape
    • Previously successful country store
    • Second block building included (former laundry mat)

    Overview

    This commercial property in Eufaula, Alabama, previously operated as a successful country store until six years ago. The sale includes all appliances and shelving. The building is in good condition but requires some maintenance. A new roof was installed in October 2023. The appliances are still functional, and the gas pumps are working and were inspected in 2023. An additional block building on the property was formerly used as a laundry mat and needs renovation. The property is situated on a 2.24-acre lot. The building size is 1870 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Eufaula
    County
    Barbour
    State
    Alabama
    Longitude
    -85.331533
    Latitude
    32.076345

    Nearby Similar for Sale

    • $775,000
      6,805 SF

      Eufaula Commercial Property on Highway 431

      Highly visible 6,805 SF commercial building on 1.73 acres.
      1205 S Eufaula Ave., Eufaula, AL 36027
      View Details
    • $995,000
      15,580 SF

      Prime Commercial Property on Highway

      Commercial property on Highway 431 in Eufaula, Alabama.
      3265 S EUFAULA Avenue, EUFAULA, AL 36027
      View Details
    • $700,000
      15,087 SF

      Eufaula Restaurant Location For Sale

      Prime restaurant location with high traffic and established layout.
      1218 S Eufaula Ave, Eufaula, AL 36027
      View Details
    • $700,000

      Eufaula Restaurant Opportunity on Highway

      Prime restaurant location with high visibility and traffic count.
      1218 South Eufaula Ave, Eufaula, AL 36027
      View Details
    • $475,000
      2,440 SF

      Eufaula Commercial Opportunity For Sale

      Well-maintained commercial property suitable for various business uses.
      511 State Docks, Eufaula, AL 36027
      View Details
    • $824,750
      31,864 SF

      Eufaula Industrial Property For Sale

      Well-established commercial property in Eufaula's industrial zone, ideal for manufacturing.
      107 Industrial Park Drive, Eufaula, AL 36027
      View Details
    • $305,000
      3,491 SF

      Craftsman Home Ideal for Office

      Versatile Craftsman home suitable for office or large family.
      125 S Orange Ave, Eufaula, AL 36027
      View Details
    • $824,750

      Eufaula Industrial Property For Sale

      Established industrial property in Eufaula's original industrial zone.
      107 Industrial Park Drive, Eufaula, AL 36027
      View Details
    • $225,000
      2,580 SF

      Prime Commercial Building on Hwy 82

      2,580 sq ft building with high-visibility frontage on Hwy 82.
      231 E Barbour St, Eufaula, AL 36027
      View Details
    • $295,000
      2,860 SF

      Eufaula Commercial Building on Broad

      Remodeled commercial building on Eufaula's bustling Broad Street.
      131 E Broad, Eufaula, AL 36027
      View Details
    • $1,500,000
      11,000 SF

      Versatile Commercial Property on US Hwy

      9.2-acre commercial property with 11,000 sq ft facility.
      4097 US 431, Eufaula, AL 36027
      View Details
    • $250,000

      Historic Depot in Downtown Eufaula

      Historic 7,600 SF depot in downtown Eufaula, Alabama.
      300 Randolph Ave, Eufaula, AL 36027
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Commercial property with store, appliances, gas pumps, and laundry mat.
    Where is this grocery and convenience store located?
    The property is located at 2455 Springhill Road Eufaula, AL.
    What is the asking price?
    The asking price for this property is $141,000.
    What are key features of this property?
    This property features: Functioning gas pumps, recently checked in 2023; Includes all appliances and shelving; **New roof installed in 10/23**
    (334) 689-9186
    We can help!
    Listing Contact
    Linda Letourneau
    Linda Letourneau
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2455 Springhill Road, Eufaula, AL 36027
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!