8582 US HIGHWAY 29, Cusseta, AL 36852
- Added:
- Apr 28, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 28 at 7:06 pm
Property Features for 8582 US HIGHWAY 29
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,344 SF
- Lot size
- 0.86 Acres
Building Details
- Year built
- 1942
Listing agent LORI TERRY License #340365 (334) 756-2030
Listing office LORI TERRY HOME TOWN REALTY LLC 4002 20TH AVE SUITE B, VALLEY, AL (334) 756-2030
Listing date Apr 28, 2026
Copyright © 2026 Lee County 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.
HighLights
- High‑traffic location directly off US Hwy 29.
- Income potential from five lots behind the property (mobile home and RV rentals).
- Approximately 1,344 sq ft commercial building with an open floor plan.
- Versatile space suitable for retail, salon, or office use.
- Spacious storage area in the back, convertible to office space.
- Two lots already suitable for mobile homes, one currently leased.
Overview
Local Financial Insights For Office B
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 | $26.9k | $20.04 |
| − Vacancy | −$4.7k | −$3.51 |
| EGI | $22.2k | $16.53 |
| − OpEx | −$5.6k | −$4.13 |
| NOI | $16.7k | $12.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cusseta
- County
- Lee
- State
- Alabama
- Longitude
- -86.902298
- Latitude
- 32.318231