Gas Station with Retail
For Sale
Contact for pricing
5670 Atlanta Hwy, Montgomery, AL 36117
Gas station with approximately 1420 sqft of retail space.
Property Size1,420 SF
Price / SF$351.41
Days on Market2342
Property Features for 5670 Atlanta Hwy
General Information
Standard status
Active
Size
1,420 SF
Class
B
Property subtype
Retail
Zoning
B-3
Lease Type
NNN
Building Details
Year Built
1985
Year Renovated
2018
Tenancy
Single
Listing Agency:
Moore Company Realty
(334) 657-7257
Listed By:
Gene Cody, CCIM, SIOR · License #AL 000084543
Source:
Crexi
Added: Apr 1, 2020
Changed: Aug 17
Last Checked: Aug 28 at 12:21PM
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 Moore Company Realty
Investment Insights
Based on property information with market context.
This property is a gas station with a retail space of approximately 1420 square feet. It benefits from high visibility and a traffic count of 47,730± AADT on Atlanta Highway.
Key Highlights
- High Traffic Count: 47,730± AADT on Atlanta Hwy.
- Excellent Visibility.
- Gas Station Property.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,890
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$337,800
$337.8K
Cap Rate 7%
$241,286
$241.3K
Cap Rate 9%
$187,667
$187.7K
Market Conditions
NOI Build-Up for 1,420 SF
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.
Gross rent
$23.9K $16.80/SF
− Vacancy
−$1.3K −$0.94/SF
EGI
$22.5K $15.86/SF
− OpEx
−$5.6K −$3.96/SF
NOI
$16.9K $11.89/SF
Area
Montgomery, AL
Vacancy
5.60%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$337,800
Cap Rate 7%
$241,286
Cap Rate 9%
$187,667
Alternative Uses
Best Use
Specialty Retail
$241.3K
$211.1K – $281.5K
NOI $16,890 @ 7.0% cap · market cap 3.38%
Second Best
Industrial
$235.0K
$205.7K – $274.2K
NOI $16,453 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$294.5K
$257.7K – $343.5K
NOI $20,612 @ 7.0% cap · market cap 4.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
328k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 25%
Apparel 23%
Superstores 6%
McDonald's
Dining
37,525 visits/mo
0.4 miles
JCPenney
Apparel
30,561 visits/mo
0.2 miles
Dillard's
Apparel
21,956 visits/mo
0.3 miles
Belk
Apparel
20,375 visits/mo
0.4 miles
Krispy Kreme Doughnuts
Dining
20,345 visits/mo
0.4 miles
Demographics for 36117, AL
53,172
Population
24,181
Households
2.2
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
998
Density / Sq Mi
$72,237
Median Household Income
$44,980
Median Earnings
$1,209
Median Rent
$225,900
Median Home Value
Market
Vacancy Rate% for Retail in Montgomery, AL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Gas station with approximately 1420 sqft of retail space.
Where is this gas station located?
The property is located at 5670 Atlanta Hwy Montgomery, AL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: High Traffic Count: 47,730± AADT on Atlanta Hwy.; Excellent Visibility.; Gas Station Property.
