4707 Co Rd Falkville, AL 35622
This thriving, locally-owned business in Falkville, Alabama, presents a unique investment opportunity. The 3,520 square foot building sits on a 0.7-acre lot and offers a diverse range of products and services, including gasoline, groceries, and general building supplies. The main level, approximately 1920 square feet, houses a well-established convenience store, complete with shelving, displays, and all existing inventory. A spacious 1600 square foot basement provides ample storage. Equipment includes a three-door milk box, two deep freezers, a 90-bag icebox, and all existing grocery displays. An 8x20 kitchen area, a half-bath, and an 8x20 storage room for oil and gas are also included. The property boasts three up-to-date gas tanks dispensing unleaded, premium, and diesel fuel. Recent improvements enhance the property's value and efficiency. These include a new roof and septic tank, both installed within the last two years, and a 4-ton HVAC system that is three years old. This turnkey operation is ready for a new owner to continue its success in a strong local market. The asking price is $145,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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