1994 Hwy 55th E Falkville, AL 35622-7609
Property profile & analytics
1994 Hwy 55th E, Falkville, AL 35622-7609
- Retail properties & Spaces
- 2,100 SF
- 0.75 lot acres
Property ID
US03-1752941
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 1994 Hwy 55th E
- Year built
- 1992
- Lot size
- 0.75 lot acres
- Property type
- Retail properties & Spaces
- APN
- 23-02-10-0-000-009.001
- APU
- 2302100000009001
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Falkville
- County
- Morgan
- State
- Alabama
- Longitude
- -86.8293
- Latitude
- 34.3545
- CBSA code
- 19460
- CBSA name
- DECATUR, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,047
$5,980
$20,940
$26,920
-
$29,900
$104,700
$134,600
