Financial
Distress signals
Property profile

59 Douglas Rd Falkville, AL 35622

FOR SALE
Turn key restaurants
Property ID
US03-1735732
3,640 SF 0.5 ac lot Built 2009
Last sale Dec 2022 · $165,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 3,640-square-foot commercial building constructed in 2009 with subsequent updates. It is configured with a storefront arrangement suitable for retail or restaurant use, and it includes a paved parking lot for on-site parking. The building is located at 59 Douglas Road in Falkville, Alabama, near I-65 (Exit 322) and adjacent to a Loves facility, providing direct roadway access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$63k
Assessed land$1k
Assessed improvement$62k
Effective rate4.13%

Value estimate

· Sep 2026
$125k
$113k – $138k
AI approach$115k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$5k
Operating expenses−$13k
NOI · 7.00% cap applied$30k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$276/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$94 – $402

Cap rate analysis

How does the asset earn?
7.00%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMORGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.6
Auto Parts Store8.9
Wholesale Shop8.8

Location

59 Douglas Rd Falkville, AL 35622
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Lawrence Cv, Falkville, AL 35622 $400,000 Nov 2025 3,005 SF
Eva, Falkville, AL 35622 $158,500 May 2025 1,440 SF
11 4th, Falkville, AL 35622-5038 $60,000 Nov 2023 1,800 SF
Of County Rd 55, Falkville, AL 35622 $140,000 Apr 2022 1,500 SF
458 Pike, Falkville, AL 35622-5110 $89,000 Apr 2020 2,263 SF
Us Hwy 31, Falkville, AL 35622 $139,500 Jan 2020 8,836 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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