Grocery and Convenience Store with Warehouse
For Sale
$299,900
8149 McClellan Boulevard, Anniston, AL 36206
The building offers fenced parking, highway frontage, and warehouse space for operational flexibility.
Property Size3,432 SF
Price / SF$87.38
Days on Market61
Property Features for 8149 McClellan Boulevard
General Information
Standard status
Active
Size
3,432 SF
Building Details
Year Built
1986
Listing Agency:
ERA King Real Estate
Listed By:
Sylvia Bentley · License #42013
(256) 310-2800
Source:
Soldbystratford
Added: Aug 15
Changed: Sep 28
Last Checked: Oct 7 at 2:03PM
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 ERA King Real Estate
Investment Insights
Based on property information with market context.
Located at 8149 McClellan Boulevard in Anniston, Alabama, this grocery and convenience store property contains 3,432 square feet and was built in 1986. The layout includes warehouse space that can support storage or other operational needs associated with the property.
Highway frontage provides direct exposure along the roadway, while fenced parking serves the site. The combination of retail space, warehouse area, and enclosed parking creates a practical configuration for continued grocery or convenience-store use.
Highway frontage provides direct exposure along the roadway, while fenced parking serves the site. The combination of retail space, warehouse area, and enclosed parking creates a practical configuration for continued grocery or convenience-store use.
Key Highlights
- 3432 square feet of building area
- Grocery and convenience store property
- Highway frontage along McClellan Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,649
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,980
$493.0K
Cap Rate 7%
$352,129
$352.1K
Cap Rate 9%
$273,878
$273.9K
Market Conditions
NOI Build-Up for 3,432 SF
Gross rent
$39.1K $11.40/SF
− Vacancy
−$3.9K −$1.14/SF
EGI
$35.2K $10.26/SF
− OpEx
−$10.6K −$3.08/SF
NOI
$24.6K $7.18/SF
Area
Calhoun County, AL
Vacancy
10.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,980
Cap Rate 7%
$352,129
Cap Rate 9%
$273,878
Alternative Uses
Best Use
Specialty Retail
$438.4K
$383.6K – $511.5K
NOI $30,690 @ 7.0% cap · market cap 10.23%
Second Best
Retail
$352.1K
$308.1K – $410.8K
NOI $24,649 @ 7.0% cap · market cap 8.22%
Theoretical Best
Healthcare Medical
$527.6K
$461.7K – $615.6K
NOI $36,933 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36206, AL
10,946
Population
4,798
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
85%
High-School Grad
15.8 sq mi
ZIP Area
693
Density / Sq Mi
$55,256
Median Household Income
$35,210
Median Earnings
$785
Median Rent
$128,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The building offers fenced parking, highway frontage, and warehouse space for operational flexibility.
Where is this grocery and convenience store located?
The property is located at 8149 McClellan Boulevard Anniston, AL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 3432 square feet of building area; Grocery and convenience store property; Highway frontage along McClellan Boulevard
