Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    US-43 Woodward Ave & Blake Ave Muscle Shoals, AL 35674
    Back to Search
    Property profile & analytics

    US-43 Woodward Ave & Blake Ave Muscle Shoals, AL 35674

    View on Map
    • Retail properties & Spaces
    • 2,800 SF
    • 0.98 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for US-43 Woodward Ave & Blake Ave

    Year built
    2024
    Lot size
    0.98 lot acres
    Property size
    2,800 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional investment opportunity presents a brand-new, 2,800 square foot Taco Bell restaurant in Muscle Shoals, Alabama. Located on a 0.98-acre lot at the northeast corner of US-43 (Woodward Ave) and Blake Ave, this property boasts a prime, hard-corner location with excellent visibility and access, benefiting from over 35,000 vehicles per day on US-43. The property features 27 parking spaces and is situated adjacent to the new $65 million Muscle Shoals Sportsplex, a 66-acre development encompassing various recreational facilities and retail space. The absolute NNN lease with Taco Bell, backed by Tacala, LLC, an experienced operator of over 370 locations, provides a strong guarantee of $4.8 million in guaranteed income over the 25-year lease term, expiring November 30, 2049. The lease includes annual 1% rent bumps, offering inflation protection. The property's strong location is further enhanced by its proximity to major retailers, including Lowe's, Rural King, Publix, and numerous restaurants and hotels, as well as Northwest-Shoals Community College. The current Net Operating Income (NOI) is $170,170, resulting in a 5.25% cap rate. This Class B property offers a secure, passive income stream with minimal landlord responsibilities, making it an ideal addition to any investment portfolio. The sale price is $3,241,000. The lease includes six, 5-year renewal options. The building was constructed in 2024 and is currently 100% occupied.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Muscle Shoals
    County
    Colbert
    State
    Alabama
    Longitude
    -87.6677
    Latitude
    34.7129

    Comparable in this City

    • Value Estimation by Request
      10,640 SF

      1706 6Th St

      Restaurants • 10,640 SF
      1706 6Th St, Tuscumbia, AL 35674
      View Details
    • Value Estimation by Request
      2,600 SF

      1905 Us-72

      Restaurants • 2,600 SF
      1905 Us-72, Tuscumbia, AL 35674
      View Details
    • Value Estimation by Request
      10,272 SF

      307 Dickson St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 10,272 SF
      307 Dickson St, Tuscumbia, AL 35674-2421
      View Details
    • Value Estimation by Request
      1,820 SF

      109 Dickson St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,820 SF
      109 Dickson St, Tuscumbia, AL 35674-2417
      View Details
    • Value Estimation by Request
      3,000 SF

      1236 Old Memphis Pike

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,000 SF
      1236 Old Memphis Pike, Tuscumbia, AL 35674-7242
      View Details
    • Value Estimation by Request
      9,185 SF

      Tuscumbia, AL 35674

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 9,185 SF
      Tuscumbia, AL 35674
      View Details

    Similar Nearby for Sale

    • $234,900
      1,500 SF

      Tuscumbia Commercial Space For Sale

      1,500 SF corner-lot commercial space in Tuscumbia, Alabama.
      300 E 6Th St, Tuscumbia, AL 35674
      View Details
    • Contact for pricing
      2,600 SF

      Corner Lot Retail Opportunity

      High-visibility corner lot suitable for retail or fuel station.
      1905 Us-72, Tuscumbia, AL 35674
      View Details
    • $159,900
      1,443 SF

      Commercial Building in Tuscumbia, AL

      Commercial building in Tuscumbia, Alabama, zoned RB.
      204 3Rd St, Tuscumbia, AL 35674
      View Details
    • Contact for pricing
      819 SF

      Downtown Tuscumbia Retail or Salon

      Retail or salon space in downtown Tuscumbia with parking.
      101 Commons St, Tuscumbia, AL 35674
      View Details
    • Contact for pricing
      1,400 SF

      Four-Bay Car Wash Opportunity

      Four-bay car wash with vacuum stations on two lots.
      803 Old Lee Hwy, Tuscumbia, AL 35674
      View Details
    • Contact for pricing
      1,500 SF

      Corner Lot Commercial Space

      1,500 sq ft corner lot with parking.
      300 E 6Th St, Tuscumbia, AL 35674
      View Details
    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.
    US-43 Woodward Ave & Blake Ave
    Muscle Shoals, AL 35674
    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

    Thank You for Inquiry
    US-43 Woodward Ave & Blake Ave, Muscle Shoals, AL, 35674
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!