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Restaurant Building with Parking
For Sale
$675,000

732 Saraland Boulevard S, Saraland, AL 36571

Commercial Sale, Saraland, AL

Property Size2,006 SF
Lot Size0.51 Acres
Price / SF$336.49
Days on Market149

Property Features for 732 Saraland Boulevard S

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2
Parking 15
Parking features Parking Lot
Window features Insulated Windows
Interior features Restrooms
Lot features Level, Rectangular Lot
View City
Standard status Active
APN 2202102000028001
Size 2,006 SF
Lot size 0.51 Acres

Taxes and HOA fees

Tax Annual Amount 4520

Utilities

Utilities Cable Available
Heating system Central
Cooling system Ceiling Fan(s), Central Air
Water source Public

Building Details

Year built 1988
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Block
Roof type Flat
Listing Agency: Paul Carter Agency
Listed By: Paul Carter
Added: May 15 Changed: Oct 8 Last Checked: Oct 10 at 1:06AM
MLS# 7771619

Copyright © 2026 Mobile Area Association 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.

Investment Insights

Based on property information with market context.

This 2,006-square-foot restaurant property includes a block-constructed building with restrooms, ceramic tile flooring, a flat roof, central heating, central air, and ceiling fans. Public water and cable availability are reported, while the existing equipment is excluded from the sale. The building was completed in 1988 and carries B-2 zoning.

The property occupies 0.506 acres at 732 Saraland Boulevard S in Saraland, Alabama. It fronts a five-lane highway and sits across from the Saraland Event Center at Second Avenue. A parking lot provides approximately 20 spaces. The site previously operated as Taco Bell and Hart's Fried Chicken.

Key Highlights

  • 2,006‑square‑foot restaurant building on 0.506 acres
  • B‑2 zoning with public water service
  • Approximately 20‑space parking lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,101
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,020 $422.0K
Cap Rate 7%
$301,443 $301.4K
Cap Rate 9%
$234,456 $234.5K
Market Conditions
NOI Build-Up for 2,006 SF
Gross rent
$30.1K $15.00/SF
− Vacancy
−$2.0K −$0.98/SF
EGI
$28.1K $14.03/SF
− OpEx
−$7.0K −$3.51/SF
NOI
$21.1K $10.52/SF
Area
Mobile County, AL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,020
Cap Rate 7%
$301,443
Cap Rate 9%
$234,456

Alternative Uses

Best Use
Specialty Retail
$301.4K
$263.8K – $351.7K (±1% cap)
NOI $21,101 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.2K
$432.5K – $576.6K (±1% cap)
NOI $34,597 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Hart's Fried Chicken Restaurant

Suggested Use

Top Pick Law Firm HVAC Service Pharmacy Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Groceries 15% Shops & Services 14% Apparel 11%
Wendy's Dining
14,637 visits/mo 0.1 miles
Piggly Wiggly Groceries
14,111 visits/mo 0.2 miles
Taco Bell Dining
11,624 visits/mo 0.2 miles
Wells Fargo Shops & Services
6,983 visits/mo 0.2 miles
Hardee's Dining
6,116 visits/mo 0.5 miles

Demographics for 36571, AL

16,759
Population
7,755
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
91%
High-School Grad
39.3 sq mi
ZIP Area
426
Density / Sq Mi
$61,574
Median Household Income
$47,696
Median Earnings
$1,072
Median Rent
$210,100
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing commercial building with tile flooring, restrooms, central systems, and a dedicated parking lot.
Where is this conventional restaurant located?
The property is located at 732 Saraland Boulevard S Saraland, AL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 2,006‑square‑foot restaurant building on 0.506 acres; B‑2 zoning with public water service; Approximately 20‑space parking lot
More about this property
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