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Property profile & analytics
OFF-MARKET
Retail space

262 Pike Rd Falkville, AL 35622-5102

8,970 SF Built 2008
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-1880462
Property summary
AI-generated overview

This exceptional retail opportunity presents a substantial 8,970-square-foot building situated at 262 E Pike Rd in Falkville, Alabama, zip code 35622. The single-story structure, encompassing a single unit within a single building, is ideally suited for a variety of retail uses, previously operating as a convenience store and grocery store. Its prominent location ensures high visibility and accessibility for customers. The building's substantial size offers ample space for inventory, display, and customer service areas. The asking price for this turnkey retail property is $409,500. The net rentable square footage is 8,970 square feet, providing a significant footprint for a business seeking to establish or expand its presence in the thriving Falkville market. Located in Morgan County, this property benefits from excellent road access and proximity to local amenities. This is a rare opportunity to acquire a well-positioned retail space in a desirable Alabama location. Serious inquiries are encouraged to explore the potential of this valuable asset. Further details are available upon request.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Total area 8,970 SF
APN 24-01-12-0-201-002.000
UPID US03-1880462
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
  • Western Union Bank Credit Union
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
Morgan County · 1 yrs held
Morgan County
since 2025
Last sale
$405,000
1 recorded transaction
2025
$405,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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