Automotive Shop with Retail
30371 ARDMORE AVENUE, Ardmore, AL 35739
For Sale
$279,900
Commercial Sale, ARDMORE, AL
Property Size2,800 SF
Lot Size0.20 Acres
Price / SF$99.96
Days on Market608
Property Features for 30371 ARDMORE AVENUE
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
APN
Size
Lot size
Additional Details
Automotive Uses
Mixed-Use Components
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Buildings
Listing Agency:
Butler Realty
(931) 427-4411
Listed By:
Wade Boggs · License AL #74312
(256) 520-8384
Added: Mar 14, 2025
Changed: Oct 29
Last Checked: Nov 11 at 5:06AM
MLS# 21883380
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,800-square-foot automotive property includes a shop area of approximately 16 by 48 feet and a 19-by-27-foot retail area. Two overhead doors, each measuring 12 feet wide by 12.5 feet high, serve the shop. The building also contains two offices, additional storage, and two bathrooms. Concrete flooring is paired with central heating and central air conditioning.
The 0.2-acre property fronts Ardmore Avenue in Ardmore, Alabama. Public water serves the site, and the building dates to 1990.
The 0.2-acre property fronts Ardmore Avenue in Ardmore, Alabama. Public water serves the site, and the building dates to 1990.
Key Highlights
- 2,800‑square‑foot building on a 0.2‑acre lot
- Automotive shop area measures approximately 16 by 48 feet
- Retail area measures 19 by 27 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,113
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,260
$222.3K
Cap Rate 7%
$158,757
$158.8K
Cap Rate 9%
$123,478
$123.5K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$16.8K $6.00/SF
− Vacancy
−$924 −$0.33/SF
EGI
$15.9K $5.67/SF
− OpEx
−$4.8K −$1.70/SF
NOI
$11.1K $3.97/SF
Area
Limestone County, AL
Vacancy
5.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,260
Cap Rate 7%
$158,757
Cap Rate 9%
$123,478
Alternative Uses
Best Use
Retail
$488.9K
$427.8K – $570.4K
NOI $34,222 @ 7.0% cap · market cap 12.23%
Second Best
Industrial
$158.8K
$138.9K – $185.2K
NOI $11,113 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$729.1K
$638.0K – $850.6K
NOI $51,038 @ 7.0% cap · market cap 18.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
74k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 43%
Groceries 13%
McDonald's
Dining
21,646 visits/mo
0.4 miles
Piggly Wiggly
Groceries
9,738 visits/mo
0.4 miles
Shell
Shops & Services
9,447 visits/mo
0.4 miles
Dollar Tree
Shops & Services
7,823 visits/mo
0.3 miles
Dollar General
Shops & Services
7,207 visits/mo
0.2 miles
Demographics for 35739, AL
5,426
Population
2,388
Households
2.3
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
26.7 sq mi
ZIP Area
203
Density / Sq Mi
$62,463
Median Household Income
$47,296
Median Earnings
$782
Median Rent
$199,900
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
- Second Chance Automotive — Ardmore, AL 35739
- Protech Auto Service — 30050A Ardmore Ave, Ardmore, AL 35739
- Wootens Collision Center — 29670 Jones Ave, Ardmore, AL 35739
- Russell Body Shop — 26697 5th St, Ardmore, AL 35739
- Broadway Tire Service — 103 Main St, Ardmore, TN 38449
Frequently Asked Questions
What type of property is this?
Auto shop - A central retail area is complemented by two offices and dedicated storage space.
Where is this auto shop located?
The property is located at 30371 ARDMORE AVENUE Ardmore, AL.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 2,800‑square‑foot building on a 0.2‑acre lot; Automotive shop area measures approximately 16 by 48 feet; Retail area measures 19 by 27 feet
