Remodeled Flex/Industrial
12475 Highway 431 S Boaz, AL 35956
12475 Highway 431 S, Boaz, AL, 35956
$529,900
For Sale
$529,900
COMMERCIAL - Boaz, AL
Property Size6,800 SF
Lot Size4.68 Acres
Price / SF$77.93
Days on Market70
Property Features for 12475 Highway 431 S
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 0403080001037.001
- Size
- 6,800 SF
- Lot size
- 4.68 Acres
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Metal
Listing Agency
Impact Realty, LLC
(256) 459-4001
1423 Rainbow Dr Suit A, Gadsden, AL
Listed by
Hollie Bobo · License #124569
(256) 302-4557
Added: May 11 Checked: Jul 19 at 1:06 pm
MLS# 21917675
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Investment Insights
Based on property information with market context.
For sale is a fully remodeled commercial building totaling 6,800 square feet set on 4.68 acres. The property includes updated interior and exterior improvements designed to create a modern, move-in-ready space. With room for parking, storage, and potential expansion, the site can support a range of operational setups, including retail, office, warehouse, light industrial, or mixed-use uses.
The property is located at 12475 Highway 431 S in Boaz, Alabama 35956, in Etowah County. The listing describes the site as high-visibility with easy access.
Overall, the offering presents a remodeled, flexible footprint with ample outdoor space to accommodate current needs and future development plans.
The property is located at 12475 Highway 431 S in Boaz, Alabama 35956, in Etowah County. The listing describes the site as high-visibility with easy access.
Overall, the offering presents a remodeled, flexible footprint with ample outdoor space to accommodate current needs and future development plans.
Key Highlights
- 6,800 sq ft fully remodeled commercial building on 5 acres with room for expansion, parking, storage, or future development
- Updated interior and exterior improvements for a modern, move‑in‑ready space
- Central heating and central air, with concrete flooring throughout
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 | $67.7k | $9.96 |
| − Vacancy | −$5.8k | −$0.85 |
| EGI | $62.0k | $9.11 |
| − OpEx | −$18.6k | −$2.73 |
| NOI | $43.4k | $6.38 |
6,800 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$619.7K
$542.3K – $723.0K
NOI $43,380 @ 7.0% cap · market cap 8.19%
Second Best
Flex RnD
$557.7K
$488.0K – $650.6K
NOI $39,037 @ 7.0% cap · market cap 7.37%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,738 @ 7.0% cap · market cap 19.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fully remodeled building with updated interior and exterior improvements, offering versatile space for multiple commercial uses.
Where is this flex space located?
The property is located at 12475 Highway 431 S Boaz, AL.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: 6,800 sq ft fully remodeled commercial building on 5 acres with room for expansion, parking, storage, or future development; Updated interior and exterior improvements for a modern, move‑in‑ready space; Central heating and central air, with concrete flooring throughout
