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501 E Martin Luther King Hwy 1,104 SF Retail Building Tuskegee, AL 36083 $60,000 ($54.35/SF)


Investment Highlights
- +/- 1,104 SF building
- On-site signage included
- Fuel tanks in ground and inspected
- +/- 0.33-acre lot
- Excellent visibility and accessibility
Executive Summary
Former gas station at 501 E. Martin Luther King Drive in Tuskegee, AL, situated on a ±0.33-acre lot with a ±1,104 SF building and on-site signage. This property offers excellent visibility and accessibility along a well-traveled corridor, making it a prime opportunity for redevelopment. Its positioning, paved lot, and existing infrastructure provide a versatile foundation for a new owner to adapt and repurpose to fit a wide range of business needs. Fuel tanks are still in the ground and have been inspected.
Located along E. Martin Luther King Drive, one of Tuskegee’s main commercial corridors, this property benefits from steady traffic flow and strong visibility. Just minutes from Tuskegee University, downtown businesses, and major community services, the site is positioned to capture both local residents and university traffic. Its central location provides quick access to Highway 80 and I-85, connecting the property to Auburn, Montgomery, and the surrounding region. With established businesses, schools, and neighborhoods nearby, this site offers an ideal setting for a retail, office, or service user seeking a convenient, high-exposure location in the heart of Tuskegee.
Located along E. Martin Luther King Drive, one of Tuskegee’s main commercial corridors, this property benefits from steady traffic flow and strong visibility. Just minutes from Tuskegee University, downtown businesses, and major community services, the site is positioned to capture both local residents and university traffic. Its central location provides quick access to Highway 80 and I-85, connecting the property to Auburn, Montgomery, and the surrounding region. With established businesses, schools, and neighborhoods nearby, this site offers an ideal setting for a retail, office, or service user seeking a convenient, high-exposure location in the heart of Tuskegee.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,104 SF
Building Class
C
Year Built
1983
Price
$60,000
Price Per SF
$54.35
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.33 AC
Zoning
C - Commercial
Parking
10 Spaces (9.06 Spaces per 1,000 SF Leased)
Frontage
187’ on E Martin Luther King Hwy
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-09-30-3-001-053-0000 | Improvements Assessment | $0 |
| Land Assessment | $7,192 | Total Assessment | $7,192 |
Property Taxes
Parcel Number
07-09-30-3-001-053-0000
Land Assessment
$7,192
Improvements Assessment
$0
Total Assessment
$7,192
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501 E Martin Luther King Hwy
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