Renovated Convenience Store with Retail
New
For Sale
$929,900
5852 US Highway 431, Albertville, AL 35950
Business Opportunity, Albertville, AL
Property Size3,450 SF
Lot Size0.59 Acres
Price / SF$269.54
Days on Market1
Property Features for 5852 US Highway 431
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot
Subdivision
Metes And Bounds
Lot features
High Visibility
Directions
Hwy 431 Property On Right
Standard status
Active
Size
3,450 SF
Lot size
0.59 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Listing Agency:
South Towne Realtors, LLC
(256) 582-6900
Listed By:
Jeff Overstreet · License #64243
(256) 302-7722
Added: Oct 13
Last Checked: Oct 13 at 10:06PM
MLS# 21931539
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.
Investment Insights
Based on property information with market context.
This 3,450-square-foot liquor store occupies a 0.59-acre parcel on US Highway 431 in Albertville. The recently renovated premises include added retail area, a new cooler, refreshed shelving, and exterior signage. Concrete flooring and a bathroom are among the interior features. The sale includes store equipment such as computers, security cameras, shelving, a television, and the cooler and signage. Inventory is also part of the business offering.
The property has highway frontage and an on-site parking lot. Public water and sewer serve the site.
The property has highway frontage and an on-site parking lot. Public water and sewer serve the site.
Key Highlights
- 3,450‑square‑foot store on a 0.59‑acre parcel
- Liquor store business located on US Highway 431 in Albertville
- Recently renovated with additional retail area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,338
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,760
$746.8K
Cap Rate 7%
$533,400
$533.4K
Cap Rate 9%
$414,867
$414.9K
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$53.8K $15.60/SF
− Vacancy
−$4.0K −$1.17/SF
EGI
$49.8K $14.43/SF
− OpEx
−$12.4K −$3.61/SF
NOI
$37.3K $10.82/SF
Area
Marshall County, AL
Vacancy
7.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,760
Cap Rate 7%
$533,400
Cap Rate 9%
$414,867
Alternative Uses
Best Use
Specialty Retail
$533.4K
$466.7K – $622.3K
NOI $37,338 @ 7.0% cap · market cap 4.02%
Second Best
Retail
$314.4K
$275.1K – $366.8K
NOI $22,009 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$744.6K
$651.6K – $868.7K
NOI $52,124 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
51k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Apparel 21%
Home Improvements & Furnishings 6%
Ollie's Bargain Outlet
Shops & Services
18,588 visits/mo
0.2 miles
Dunham's Sports
Apparel
10,784 visits/mo
0.2 miles
Dollar General
Shops & Services
6,745 visits/mo
0.2 miles
BP
Shops & Services
6,743 visits/mo
0.2 miles
Truist
Shops & Services
3,081 visits/mo
0.2 miles
Demographics for 35950, AL
22,239
Population
7,762
Households
2.9
Avg Household Size
33
Median Age
19%
College-Educated
79%
High-School Grad
43.2 sq mi
ZIP Area
515
Density / Sq Mi
$56,457
Median Household Income
$35,450
Median Earnings
$808
Median Rent
$149,500
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
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Similar Off Market Nearby
- ATM (Nesmith Food Mart) — 6116 US-431, Albertville, AL 35950
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - An established liquor store business includes updated merchandising areas, cooling equipment, and furnishings for continued operation.
Where is this grocery and convenience store located?
The property is located at 5852 US Highway 431 Albertville, AL.
What is the asking price?
The asking price for this property is $929,900.
What are key features of this property?
This property features: 3,450‑square‑foot store on a 0.59‑acre parcel; Liquor store business located on US Highway 431 in Albertville; Recently renovated with additional retail area
