Freestanding Retail
7587 Highway 72 West Madison, AL 35758
7587 Highway 72 West, Madison, AL, 35758
Contact for pricing
For Sale
Contact for pricing
Freestanding retail building with 100 feet of Highway 72 frontage and ample parking for retail, office, or service uses.
Property Size2,400 SF
Lot Size0.40 Acres
Price / SF$312.50
Days on Market54
Property Features for 7587 Highway 72 West
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.40 Acres
- Property subtype
- Retail, Mixed Use
Building Details
- Year Built
- 1986
Listing agency
Taylor Properties
(256) 683-3876
Listed by
Dustin Taylor · License #AL 86399
Source
Crexi
Added: May 30 Updated: Jul 10 at 4:00PM Checked: Jul 20 at 3:58AM
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 Taylor Properties
Investment Insights
Based on property information with market context.
This freestanding retail building offers approximately 2,400 square feet of flexible interior space on 0.40 acres. The property includes 100 feet of frontage on Highway 72 and is designed to support a range of commercial service and showroom-style layouts. With convenient on-site parking, the building is straightforward to access for both customers and staff.
The location places the property near the intersection of Nance Road on a heavily traveled roadway with stated traffic of over 42,000 VPD. The substantial frontage provides strong street presence along Highway 72, supporting retail visibility and customer approach from the main corridor.
The configuration and high-visibility frontage make this building practical for an owner user looking to establish a presence, as well as for investors evaluating a commercial asset suitable for retail, office, showroom, or service-oriented operations. The combination of flexible space, convenient access, and ample parking supports a variety of tenant concepts seeking signage and customer traffic exposure from Highway 72.
The location places the property near the intersection of Nance Road on a heavily traveled roadway with stated traffic of over 42,000 VPD. The substantial frontage provides strong street presence along Highway 72, supporting retail visibility and customer approach from the main corridor.
The configuration and high-visibility frontage make this building practical for an owner user looking to establish a presence, as well as for investors evaluating a commercial asset suitable for retail, office, showroom, or service-oriented operations. The combination of flexible space, convenient access, and ample parking supports a variety of tenant concepts seeking signage and customer traffic exposure from Highway 72.
Key Highlights
- Freestanding 2,400 SF retail building built in 1986 on 0.40 acres
- 100 feet of frontage on Highway 72 near Nance Road intersection
- High‑traffic Highway 72 location with over 42,000 VPD
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 | $43.2k | $18.00 |
| − Vacancy | −$1.3k | −$0.54 |
| EGI | $41.9k | $17.46 |
| − OpEx | −$12.6k | −$5.24 |
| NOI | $29.3k | $12.22 |
2,400 SF · lease $18.00/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$419.0K
$366.7K – $488.9K
NOI $29,333 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$625.0K
$546.8K – $729.1K
NOI $43,747 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Altered Reality, LLC
Electronics & Wireless Store
SABOREALO TO GO FOOD ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Freestanding retail building with 100 feet of Highway 72 frontage and ample parking for retail, office, or service uses.
Where is this retail space located?
The property is located at 7587 Highway 72 West Madison, AL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Freestanding 2,400 SF retail building built in 1986 on 0.40 acres; 100 feet of frontage on Highway 72 near Nance Road intersection; High‑traffic Highway 72 location with over 42,000 VPD
