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Property profile & analytics
OFF-MARKET Estimated value $635,000
Retail space

800 Us Hwy 72nd E Athens, AL 35611-4316

6,778 SF 1.17 ac lot Built 1960
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US03-2929936
Property summary
AI-generated overview

This 6,700 square foot storefront, located at 800 US Hwy 72 E in Athens, Alabama (zip code 35611), presents a compelling redevelopment opportunity. Situated on a ±2.16-acre lot (with ±0.80 usable acres), this property boasts exceptional visibility on a high-traffic corridor with over approximately 39,000 vehicles passing daily. Its prime location near major national retailers such as Walmart, ALDI, and Harbor Freight ensures strong customer traffic and market draw. Built in 1960, the single-tenant property offers month-to-month leases, providing immediate income while allowing flexibility for future redevelopment plans. The property is ideally suited for a variety of uses, including retail, mixed-use, or service-oriented developments. Athens, a key city within the rapidly growing Huntsville metropolitan area, has seen significant population growth, increasing from 25,707 in 2020 to an estimated 32,636 in 2024. This robust growth, fueled by the thriving aerospace, defense, and technology sectors in Huntsville, makes this a highly attractive investment. The asking price for this exceptional retail redevelopment opportunity is $750,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 6,778 SF
Lot 1.17 ac (50,965 SF)
APN 1005162000010000
UPID US03-2929936
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
  • Direct Auto Insurance Insurance Agency
  • Del Sur Market Grocery & Convenience Store Specialty Food Shop
  • Vaughn Tammy Insurance Agency
  • Liberty Finance of Athens Loan Service
  • CashMaster Check Cashing
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$635k
Blend (final) Blend
$635k
Owner & transaction history
Nader Wasif · 1 yrs held
Nader Wasif
since 2025
2 recorded transactions
2025
$500,000
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $985,000 +37.3%
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