Commercial Building on Highway
12179 Al Hwy 168 Boaz, AL 35957
12179 Al Hwy 168, Boaz, AL, 35957
$239,900
For Sale
$239,900
COMMERCIAL - Boaz, AL
Property Size3,000 SF
Lot Size0.43 Acres
Price / SF$79.97
Days on Market57
Property Features for 12179 Al Hwy 168
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.43 Acres
Utilities
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Metal
Listing agency
South Towne Realtors, LLC
(256) 582-6900
Listed by
Jeff Overstreet · License #64243
(256) 302-7722
Added: May 28 Checked: Jul 23 at 7:06AM
MLS# 21916470
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building, located in Boaz, AL, offers 3,000 square feet of space on a 0.43-acre lot with highway road frontage. The property is suitable for retail, wholesale, detailing, body shop, welding, or restoration businesses, presenting unlimited business potential. The building features multiple bays with floor drains, offices, a paint booth, a bathroom, and storage bays. Recent updates include LED lighting, ceilings, paint, some electrical work, and landscaping. It also has new roll doors and big asphalt parking lots with new gravel.
Key Highlights
- High‑traffic highway road frontage offers unlimited business potential.
- Large asphalt parking lot with new gravel provides ample space.
- Recently updated with LED lighting, ceilings, paint, some electrical work, and landscaping.
Local Financial Insights For Retail
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 | $29.9k | $9.96 |
| − Vacancy | −$2.5k | −$0.85 |
| EGI | $27.3k | $9.11 |
| − OpEx | −$8.2k | −$2.73 |
| NOI | $19.1k | $6.38 |
3,000 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$273.4K
$239.2K – $319.0K
NOI $19,138 @ 7.0% cap · market cap 7.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$647.5K
$566.6K – $755.4K
NOI $45,325 @ 7.0% cap · market cap 18.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - 3,000 SF commercial building with highway frontage in Boaz, AL.
Where is this retail property located?
The property is located at 12179 Al Hwy 168 Boaz, AL.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: High‑traffic highway road frontage offers unlimited business potential.; Large asphalt parking lot with new gravel provides ample space.; Recently updated with LED lighting, ceilings, paint, some electrical work, and landscaping.
