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    Property profile & analytics

    26 Main St Ariton, AL 36311

    • Warehouses
    • 1,444 SF
    For Sale
    View listing
    $225,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 26 Main St

    Property size
    1,444 SF
    Property type
    Warehouses
    Property subtype
    Land

    Description

    This 1,444 square foot warehouse located at 26 E Main Street in Ariton, Alabama (zip code 36311), is a turnkey barbeque restaurant business opportunity. Priced at $225,000, the property includes all equipment and furnishings, eliminating the need for significant upfront investment. The spacious smokehouse features a large barbeque pit, capable of handling substantial orders. The layout is designed for efficient front-of-house and back-of-house operations, ensuring smooth service. The restaurant's prime location on Main Street (Highway 123) offers excellent visibility and accessibility, with the added benefit of being within walking distance of Ariton High School. This presents a unique opportunity for a thriving business in a convenient and established location. The property is classified as industrial and land, with a commercial warehouse subtype. No additional units are included in this sale. This is a ready-to-operate business, perfect for an entrepreneur looking to step into a pre-established and successful venture. Don't miss this chance to own a profitable business in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ariton
    County
    Dale
    State
    Alabama
    Longitude
    -85.7163
    Latitude
    31.6005

    Comparable in this City

    • Value Estimation by Request
      2,394 SF

      17 Main St

      DISTRIBUTION WAREHOUSE • 2,394 SF
      17 Main St, Ariton, AL 36311-6365
      View Details
    • Value Estimation by Request
      1,920 SF

      1416 County Rd 127

      MINI-WAREHOUSE, STORAGE • 1,920 SF
      1416 County Rd 127, Ariton, AL 36311-8664
      View Details
    • Value Estimation by Request
      2,364 SF

      37 Main St

      MINI-WAREHOUSE, STORAGE • 2,364 SF
      37 Main St, Ariton, AL 36311
      View Details
    • Value Estimation by Request
      5,000 SF

      Powell Cir

      MINI-WAREHOUSE, STORAGE • 5,000 SF
      Powell Cir, Ariton, AL 36311
      View Details
    • Value Estimation by Request
      28,800 SF

      4256 Hwy 51

      MINI-WAREHOUSE, STORAGE • 28,800 SF
      4256 Hwy 51, Ariton, AL 36311
      View Details
    • Value Estimation by Request
      0.81 Acres

      Of Hwy 123

      MINI-WAREHOUSE, STORAGE • 0.81 Acres
      Of Hwy 123, Ariton, AL 36311
      View Details

    Similar Nearby for Sale

    • $225,000
      1,444 SF

      Ariton Warehouse: Turnkey BBQ Business

      Established BBQ Restaurant, Fully Equipped
      26 Main St, Ariton, AL 36311
      View Details
    • Contact for pricing
      1.00 Acre

      Land Near Ariton High School

      One-acre lot near Ariton High School with no restrictions.
      Creel Richardson Rd Formerly College St, Ariton, AL 36311
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      Ariton Land with Wildlife Abundance

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    • New
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      2.00 Acres

      Land for Homesite Near Ariton

      Vacant land suitable for building a home near Ariton, AL.
      River Rd, Ariton, AL 36311
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    • $349,000
      60.00 Acres

      Secluded Land with Off-Grid Cabin

      60-acre Ariton, AL land with cabin, shed, and mature hardwoods.
      County Road 72, Ariton, AL 36311
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    26 Main St
    Ariton, AL 36311
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    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
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