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Property profile & analytics
OFF-MARKET
Gas stations

122 Nashville Ave Atmore, AL 36502-2519

6,080 SF Built 1969
Entity Owned Free & Clear
Property ID
US03-2372672
Property summary
AI-generated overview

This exceptional investment opportunity presents a profitable, net-leased portfolio of four tire and auto repair businesses totaling 65,000 square feet. Located in Alabama, this established portfolio boasts a strong 8.25% cap rate, offering immediate cash flow. The portfolio includes a mix of properties, with one location featuring a transmission shop and an income-producing ice machine. All four locations are currently under established, five-year NNN leases, with potential for extension up to a total of fifteen years, providing long-term stability and predictable income. The current owner, operating since 1963, has meticulously managed these properties, ensuring consistent profitability. The properties are well-maintained and situated in strategic locations within Atmore, Bay Minette, Monroeville, and Flomaton, Alabama. The portfolio's structure minimizes landlord responsibilities, allowing for passive income generation. Further upside potential exists through the possibility of leasing additional available space within the portfolio. Detailed financial information and lease agreements are available upon request. This is a rare opportunity to acquire a turnkey, high-yield commercial real estate portfolio with significant long-term growth potential. The seller is actively considering all offers. The properties are located at: 231 South Hwy 31, Bay Minette, AL; 1385 S Alabama Ave, Monroeville, AL; 122 East Nashville Ave, Atmore, AL; and 22620 US Hwy 31, Flomaton, AL. The zip code for Atmore is 36502.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1969
Total area 6,080 SF
APN 26-09-29-2-015-001.000
UPID US03-2372672
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sweat Tire of Atmore (Bike/Boat/Book/etc) Store Auto Parts Store
  • State Line Tire Shop (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
BPB PROPERTIES LLC
BPB PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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