1994 Hwy 55th E Falkville, AL 35622-7609
This exceptional 2,100 square foot convenience store located at 1994 HWY 55 East in Falkville, Alabama, presents a lucrative investment opportunity. Priced at $199,900 ($95.19/sq ft), this single-story, 1992-built property boasts four gas pumps, offering significant expansion potential. Currently operating as a convenience store, the versatile building lends itself to diverse uses, including a farmers market or even a full-service gas station. Its prime location on a busy highway ensures high visibility and consistent traffic flow from both morning and evening commuters. Surrounded by residential areas, this establishment is ideally positioned to serve a thriving neighborhood. The property is situated in Morgan County, Alabama, zip code 35622. This turnkey operation offers immediate income potential and the flexibility to adapt to evolving market demands. The strong existing customer base and high traffic volume make this a truly exceptional investment prospect in a growing community. Don't miss this chance to own a well-established business with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.