262 Pike Rd Falkville, AL 35622-5102
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.
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Western Union Bank Credit Union
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
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.