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Property profile

30024 Al-79 Locust Fork, AL 35097

OFF-MARKET
Retail properties & Spaces
2,568 SF Built 2019
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Property summary

AI-generated overview

This exceptional 2,568-square-foot vacant commercial property, formerly a Burger King, presents a remarkable investment opportunity in Locust Fork, Alabama. Built in 2019, the building is situated at 30024 AL-79, in Blount County, and boasts a prime location within a high-traffic area, making it ideal for a quick-service restaurant (QSR) or similar fast-food establishment. The asking price is $1,500,000, translating to $584.11 per square foot. The property's recent construction ensures minimal deferred maintenance, allowing for a seamless transition for a new tenant. Its vacant status offers immediate occupancy, eliminating lengthy lease negotiations and allowing for rapid deployment of business operations. The property's size and layout are well-suited for a variety of QSR concepts, providing ample space for kitchen operations, dining areas, and drive-thru service (if applicable). Given its strategic location and modern construction, this property represents a compelling investment opportunity with significant potential for return. The property is located in Locust Fork, Alabama, zip code 35097. All offers are welcome.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2019
Total area 2,568 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

30024 Al-79 Locust Fork, AL 35097
Locust Fork metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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