Two-Story Live-Work
1110 Alabama Highway 75 Albertville, AL 35951
For Sale
$294,900
COMMERCIAL - Albertville, AL
Property Size2,418 SF
Lot Size0.16 Acres
Price / SF$121.96
Days on Market32
Property Features for 1110 Alabama Highway 75
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 1901020000005.001
- Size
- 2,418 SF
- Lot size
- 0.16 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Flooring type
- Vinyl
- Roof type
- Metal
Listing Agency:
South Towne Realtors, LLC
(256) 582-6900
Listed By:
Jeff Overstreet · License #64243
(256) 302-7722
Added: Jun 22
Changed: Jul 18
Last Checked: Jul 23 at 2:06PM
MLS# 21892377
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Investment Insights
Based on property information with market context.
This two-story live-work style commercial building offers flexible layout for mixed use. The ground level includes four functional rooms or offices and one bathroom, suitable for office or retail applications. The upstairs apartment features two bedrooms, a full bathroom, kitchen, and living room, supporting personal use or rental.
The property is located on Alabama Highway 75 in Albertville, providing high-visibility frontage with significant daily traffic exposure.
With a total size of 2,418 square feet on a 0.16-acre lot, the building is a practical option for owners seeking a combination of ground-floor work space and an upper residential unit.
The property is located on Alabama Highway 75 in Albertville, providing high-visibility frontage with significant daily traffic exposure.
With a total size of 2,418 square feet on a 0.16-acre lot, the building is a practical option for owners seeking a combination of ground-floor work space and an upper residential unit.
Key Highlights
- 2,418 SF two‑story commercial building in Albertville with ground‑level space plus an upstairs apartment
- Ground level includes 4 rooms/offices plus 1 bathroom, suitable for office or retail use
- Upstairs apartment features 2 bedrooms, 1 full bathroom, with kitchen and living room
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.1k | $9.96 |
| − Vacancy | −$2.4k | −$1.00 |
| EGI | $21.7k | $8.96 |
| − OpEx | −$8.1k | −$3.36 |
| NOI | $13.5k | $5.60 |
2,418 SF · lease $9.96/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$389.4K
$340.7K – $454.3K
NOI $27,257 @ 7.0% cap · market cap 9.24%
Second Best
Mixed Use
$193.5K
$169.3K – $225.8K
NOI $13,547 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$521.9K
$456.7K – $608.9K
NOI $36,532 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - Two-story commercial building with office or retail rooms on the ground level and an apartment upstairs.
Where is this live-work space located?
The property is located at 1110 Alabama Highway 75 Albertville, AL.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: 2,418 SF two‑story commercial building in Albertville with ground‑level space plus an upstairs apartment; Ground level includes 4 rooms/offices plus 1 bathroom, suitable for office or retail use; Upstairs apartment features 2 bedrooms, 1 full bathroom, with kitchen and living room
