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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1111 Co Rd Lanett, AL 36863

1,200 SF Built 1956
Property ID
Property summary
AI-generated overview

This 1,200 square foot gas station, located at 1111 Co Rd 212 in Lanett, Alabama (zip code 36863), presents a compelling investment opportunity. The property sits on a sizable 21,780 square foot lot and boasts a single unit building constructed in 1956. While offering a charming, established presence, the property presents significant potential for modernization and customization to enhance its operational efficiency and aesthetic appeal. Its strategic location in Lanett, Alabama, provides access to a robust customer base, further amplified by its proximity to West Point Lake, attracting recreational users and supporting a thriving hunting and fishing community. This translates to a consistent stream of customers for both gas station and convenience store operations. The asking price for this established business is $355,000. This represents a chance to acquire a well-situated retail property with considerable upside potential for long-term growth and profitability within a stable market. The property's history and location combine to create a unique opportunity for a savvy investor.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1956
Total area 1,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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