225 Church St Andalusia, AL 36420-3701
Property profile & analytics
225 Church St, Andalusia, AL 36420-3701
- Retail space
- 9,090 SF
- 0.59 lot acres
Property ID
US03-2063845
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
- Dollar General / Discount Store
- Western Union / Bank / Credit Union
Property Details for 225 Church St
- Year built
- 1984
- Lot size
- 0.59 lot acres
- Property type
- Retail space
- APN
- 23-13-04-18-4-403-022.000
- APU
- 231304184403022000
Description
This exceptional investment opportunity features a 9,000 square foot Dollar General store located at 225 Church St, Andalusia, AL 36420. The property sits on a 0.59-acre lot and boasts a 100% occupancy rate with a corporate-guaranteed, Net Net (NN) lease. The lease commenced February 1, 2015, and has a remaining term of 5.2 years, expiring January 31, 2030, with two 5-year renewal options. The asking price is $620,800, representing a price per square foot of $68.98 and a 7.50% cap rate based on a current NOI of $46,560. Built in 1984, this single-story building offers a stable investment with rent bumps varying according to a detailed rent schedule. The property benefits from high daily traffic counts along US Highway 29 and a strong local market. This is a rare opportunity to acquire a well-established, low-maintenance retail property backed by a financially sound, publicly traded corporation. The property's location in Andalusia, Alabama, within Covington County, provides access to a stable local economy and consistent customer traffic. The lease's corporate guarantee minimizes landlord responsibilities, making this an attractive investment for those seeking a secure, high-yield return.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $645,000
- ML approach
- $580,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $845,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Andalusia
- County
- Covington
- State
- Alabama
- Longitude
- -86.4862
- Latitude
- 31.3076
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
$2,948
$4,920
$70,672
$75,592
-
$24,600
$353,360
$377,960
