59 Douglas Rd Falkville, AL 35622
For Sale
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This exceptional 3,640 square foot commercial building is perfectly situated in Falkville, Alabama, offering immediate access to I-65. The property boasts a prime location directly across from Love's Truck Stop, ensuring high visibility and substantial foot traffic. The building is fully equipped for a restaurant operation, including tables, chairs, booths, coolers, and steam tables, representing a significant cost savings for a new owner. The open floor plan is complemented by a charming fireplace, creating a welcoming atmosphere. A large covered front porch provides ample seating for outdoor enjoyment. The property also features extensive parking, a key advantage for customers and employees. The 0.5-acre lot provides ample space for expansion or outdoor seating. This turnkey opportunity is ideal for an established restaurant or a new venture looking to capitalize on a high-traffic location with existing restaurant equipment. The building's excellent condition and prime location make it a rare find in the Falkville market. This is a chance to acquire a fully equipped, established commercial space with immediate potential for success. The asking price is $350,000. Don't miss this exceptional opportunity.
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.