Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    356 County Road 54 Montevallo, AL 35115

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Profitable C-Store/Deli, 2560 sq ft

    Property size:
    2,560 SF

    Property Features for 356 County Road 54

    General Information

    Property type
    Retail properties & Spaces
    Square Feet
    2,560 SF
    Lot Size
    40,075 SF

    We can help!

    Listing Contact
    Bobby Bynum
    Bobby Bynum

    Listing Agent: Bobby Bynum

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail property, located at 356 Co Rd 54 in Montevallo, Alabama, presents a unique investment opportunity. The 2,560 square foot building sits on a sizable 0.92-acre lot in unincorporated Shelby County, offering significant potential for various uses. Previously operating as a successful convenience store with a deli, the property boasts a substantial amount of remaining equipment, including a steam table. Recent upgrades include the installation of attractive, updated flooring throughout. The property also features a large outdoor patio area, partially covered, providing additional space for customers. The asking price for this turnkey operation is $379,000. The property's location in Montevallo, combined with its existing infrastructure and recent improvements, makes it an ideal investment for entrepreneurs seeking a profitable venture in a thriving community. The substantial lot size also allows for potential expansion or redevelopment. This is a rare opportunity to acquire a well-maintained, established business with significant upside potential. Serious inquiries are encouraged. The zip code is 35115.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montevallo
    County
    Shelby
    State
    Alabama
    Longitude
    -86.9352781
    Latitude
    33.1497119

    Nearby Similar for Sale

    • $350,000
      0.33 Acres

      Unique Retail Building on Main

      Unique retail building with parking on Main Street in Montevallo.
      955 Main St, Montevallo, AL 35115
      View Details
    • $299,900
      Pending

      Operating Car Wash Business Opportunity

      Operating car wash business for sale in Montevallo, Alabama.
      4817 Highway 25, Montevallo, AL 35115
      View Details
    • $1,125,000
      98.00 Acres

      Montevallo Farm with Shoal Creek Frontage

      98-acre farm with 5,200 feet of Shoal Creek frontage.
      576 Gun Lck Rd, Montevallo, AL 35115
      View Details
    • $1,800,000
      4.65 Acres

      Prime Montevallo Commercial Land

      Highway 25, 4.65 Acres, B2 Zoning
      4905 Highway 25, Montevallo, AL 35115
      View Details

    FAQs

    What type of property is this?
    Retail property - Profitable C-Store/Deli, 2560 sq ft
    Where is this retail property located?
    The property is located at 356 County Road 54 Montevallo, AL.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: 0.92-acre lot; Former convenience store with deli; Unincorporated Shelby County location
    (205) 500-1188 Call to check price and availability
    Request Owner's contact information
    356 County Road 54 Montevallo, AL 35115
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    356 County Road 54
    Montevallo, AL 35115
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    356 County Road 54 Montevallo, AL 35115
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bobby Bynum
    Bobby Bynum
    Real Estate License ID: 106724
    (205) 500-1188
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!