Three-Suite Retail
810 HIGHWAY 72, Athens, AL 35611
For Sale
$900,000
Commercial Sale, ATHENS, AL
Property Size3,300 SF
Price / SF$272.73
Days on Market1141
Property Features for 810 HIGHWAY 72
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
APN
Size
Additional Details
Tenant in Place
Corner Location
Utilities
Heating system
Cooling system
Water source
Building Details
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
AAA Realty & Auction
(256) 232-0944
Listed By:
Gregg Crow · License AL #91899
(256) 260-5531
Added: Sep 28, 2023
Changed: Oct 30
Last Checked: Nov 11 at 1:06PM
MLS# 21844630
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,300-square-foot storefront property contains three commercial spaces, all currently rented. The block building has carpet flooring, central air conditioning, electric and natural gas heating, and a metal roof. Three bathrooms are included.
The property occupies a corner lot on Highway 72 in Athens, Alabama, with access from the front and side. A billboard on the property generates $3,000.00 per year in income.
The property occupies a corner lot on Highway 72 in Athens, Alabama, with access from the front and side. A billboard on the property generates $3,000.00 per year in income.
Key Highlights
- 3,300‑square‑foot block building with three commercial spaces
- All three commercial spaces are rented
- Corner lot on Highway 72 with front and side access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,333
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,660
$806.7K
Cap Rate 7%
$576,186
$576.2K
Cap Rate 9%
$448,144
$448.1K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$59.4K $18.00/SF
− Vacancy
−$1.8K −$0.54/SF
EGI
$57.6K $17.46/SF
− OpEx
−$17.3K −$5.24/SF
NOI
$40.3K $12.22/SF
Area
Limestone County, AL
Vacancy
3.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,660
Cap Rate 7%
$576,186
Cap Rate 9%
$448,144
Alternative Uses
Best Use
Retail
$576.2K
$504.2K – $672.2K
NOI $40,333 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$859.3K
$751.9K – $1.00M
NOI $60,152 @ 7.0% cap · market cap 6.68%
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
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
131k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Apparel 20%
Home Improvements & Furnishings 12%
Shops & Services 12%
Tractor Supply Co.
Home Improvements & Furnishings
16,064 visits/mo
0.4 miles
Taco Bell
Dining
15,795 visits/mo
0.4 miles
Bealls
Apparel
15,023 visits/mo
0.3 miles
Big Lots
Superstores
12,991 visits/mo
0.3 miles
Arby's
Dining
11,288 visits/mo
0.2 miles
Demographics for 35611, AL
27,168
Population
13,709
Households
2
Avg Household Size
41
Median Age
22%
College-Educated
81%
High-School Grad
115.1 sq mi
ZIP Area
236
Density / Sq Mi
$54,606
Median Household Income
$38,872
Median Earnings
$796
Median Rent
$201,700
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
Frequently Asked Questions
What type of property is this?
Storefront property - A corner commercial property with three leased spaces and access from both the front and side.
Where is this storefront property located?
The property is located at 810 HIGHWAY 72 Athens, AL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 3,300‑square‑foot block building with three commercial spaces; All three commercial spaces are rented; Corner lot on Highway 72 with front and side access
