Muscle Shoals Commercial Property For
500 Second St Muscle Shoals, AL 35661
500 Second St, Muscle Shoals, AL, 35661
$799,000
For Sale
$799,000
Four-unit commercial property in Muscle Shoals, high-traffic location.
Property Size4,500 SF
Price / SF$177.56
Days on Market247
Property Features for 500 Second St
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1960
Listing Agency
APEX Realty Group LLC
(256) 415-5151
Listed by
Ted L Wylie · License #000027024
(256) 415-5151
Source
Exitrealty
Added: Nov 12, 2025 Checked: Jul 17 at 4:42 am
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 APEX Realty Group LLC
Investment Insights
Based on property information with market context.
This commercial property features four units situated in Muscle Shoals, located at the corner of 2nd St. and Edison. The property benefits from a high traffic count. The property size is 4,500 square feet. Note that the sale includes the real estate only; tenant-owned businesses, stock, and inventory are not included in the sale.
Key Highlights
- 4 Units
- Located in Muscle Shoals
- Corner Lot with high traffic count
Local Financial Insights For 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 | $44.8k | $9.96 |
| − Vacancy | −$4.7k | −$1.05 |
| EGI | $40.1k | $8.91 |
| − OpEx | −$12.0k | −$2.67 |
| NOI | $28.1k | $6.24 |
4,500 SF · lease $9.96/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$401.1K
$351.0K – $468.0K
NOI $28,080 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$718.6K
$628.8K – $838.4K
NOI $50,302 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Rustidime moved to Felton’s ...
Discount Store
Mayhem MetalWorks
Metal Fabrication Plant
Similar For Sale Nearby
Similar Off Market Nearby
- Sheffield Flower Delivery — Park Blvd, Sheffield, AL 35660, United States
- Lola’s Gifts & Flowers — 214 N Montgomery Ave, Sheffield, AL 35660
FAQs
What type of property is this?
Storefront property - Four-unit commercial property in Muscle Shoals, high-traffic location.
Where is this storefront property located?
The property is located at 500 Second St Muscle Shoals, AL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4 Units; Located in Muscle Shoals; Corner Lot with high traffic count
