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

    2nd St Muscle Shoals, AL 35661

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Level commercial site with frontage on Second Street.

    Type:Land
    Added:
    Jan 20, 2021
    Days on Market:
    1925
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 2nd St

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Justin Bishop

    Listing agent Justin Bishop License #AL 000086299

    Listing office Pounders & Associates, Inc

    Listing date Jan 20, 2021

    Source Crexi

    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 Pounders & Associates, Inc

    Overview

    Commercial Site in Muscle Shoals

    This commercial site is located on Second Street in Muscle Shoals, Alabama. The property features 140 feet of frontage and a depth of 100 feet. An additional 80-foot by 100-foot lot is situated to the rear of the property. An additional 0.44-acre parcel nearby is also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Muscle Shoals
    County
    Colbert
    State
    Alabama
    Longitude
    -87.699052
    Latitude
    34.759858

    Nearby Similar for Sale

    • $649,900
      8,600 SF

      Spacious Mueller Building on Acreage

      8,600+/- sq ft building on 6.65 acres in Muscle Shoals.
      195 Spout Springs Rd, Muscle Shoals, AL 35661
      View Details
    • $399,900
      2,700 SF

      Muscle Shoals Commercial Corner Lot

      High-visibility commercial building with showroom and storage in Muscle Shoals.
      2403 Woodward Ave, Muscle Shoals, AL 35661
      View Details
    • $319,900
      400 SF

      Muscle Shoals Warehouse on Acre

      Warehouse space on an acre, suitable for business needs.
      208 Industrial Dr, Muscle Shoals, AL 35661
      View Details
    • $1,100,000
      6,852 SF

      Remodeled Commercial Property, Muscle Shoals

      Two remodeled buildings in high-traffic Muscle Shoals location.
      2306 Woodward Avenue, Muscle Shoals, AL 35661
      View Details
    • $599,000

      Waterfront Lot with Lake Views

      Waterfront lot on Wilson Lake with stunning views.
      551 Wilson Lake Dr, Muscle Shoals, AL 35661
      View Details
    • $549,900
      2,200 SF

      Renovated Farmhouse on 22 Acres

      Renovated 3-bedroom farmhouse on 22 acres near Wilson Lake.
      6750 River Rd, Muscle Shoals, AL 35661
      View Details
    • $345,000

      Lakefront Lot in Muscle Shoals

      Exclusive lakefront lot with water views and direct lake access.
      32 Grandview Drive, Muscle Shoals, AL 35661
      View Details
    • $499,000

      Commercial Land in Muscle Shoals

      Highly visible 1.9 acre commercial tract ready for development.
      00 Lonnie Dr, Muscle Shoals, AL 35661
      View Details
    • $399,900
      2,700 SF

      Muscle Shoals Commercial Corner Lot

      High-visibility commercial property suitable for retail, office, or service businesses.
      2403 Woodward Ave, Muscle Shoals, AL 35661
      View Details
    • $69,000

      Residential Lots Near Muscle Shoals

      1.44 acre residential lots in the heart of Muscle Shoals.
      0 Orman St, Muscle Shoals, AL 35661
      View Details
    • $1,100,000
      6,852 SF

      Remodeled Commercial Property, Muscle Shoals

      Two remodeled buildings in high-traffic Muscle Shoals location.
      2306 Woodard Ave, Muscle Shoals, AL 35661
      View Details
    • $250,000

      Waterfront Lot in Muscle Shoals

      Wooded, sloping waterfront lot with seawall near golf and clubhouse.
      000 Donegal Ct, Muscle Shoals, AL 35661
      View Details

    FAQs

    What type of property is this?
    Commercial land - Level commercial site with frontage on Second Street.
    Where is this commercial land located?
    The property is located at 2nd St Muscle Shoals, AL.
    What is the asking price?
    The asking price for this property is $88,000.
    What are key features of this property?
    This property features: Level commercial site ready for development.; Located on Second Street in Muscle Shoals, Alabama.; 140' frontage and 100' depth offers great visibility.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Justin Bishop
    Real Estate License ID: AL 000086299
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!