Current Use by Public Records
- Commercial real estate
Property Details for 5465 Al-50
- Year built
- 2019
- Lot size
- 9.80 lot acres
- Property type
- Commercial real estate
Description
This exceptional turnkey business opportunity presents a rare chance to acquire a well-established gas station and storage facility in Dadeville, Alabama. Located on a highly visible corner lot at the intersection of Highway 50 and Centerpoint Road in Tallapoosa County, this property boasts 9.8 acres of land. The station features an unbranded, self-service design with three islands, each equipped with three pumps on both sides, providing ample fueling capacity. In addition to the gas station, the property includes 43 storage units, offering diverse revenue streams and significant expansion potential given the ample available land. Built in 2019, the property benefits from its strategic location along Highway 50, a major thoroughfare traversing the expansive Lake Martin, a popular recreational area with 750 miles of shoreline. The surrounding area is characterized by thriving residential communities, restaurants, and businesses, ensuring a consistent customer base. The property offers a 4.50% cap rate and is listed at $2,193,000. This presents a compelling investment opportunity with substantial potential for future growth and profitability. The property's prime location and diverse offerings make it an attractive investment for both seasoned entrepreneurs and new business owners seeking a well-established, high-growth venture.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dadeville
- County
- Tallapoosa
- State
- Alabama
- Longitude
- -85.8378
- Latitude
- 32.7059
