Office Building with Two Separate
For Sale
$525,000
1609 Hines Street S, Athens, AL 35611
COMMERCIAL - Athens, AL
Property Size3,750 SF
Lot Size0.44 Acres
Price / SF$140
Days on Market54
Property Features for 1609 Hines Street S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Driveway, Parking Lot
Directions
Take Hwy 72 W From I65, Continue On 72w Approx 1.6 Miles, Turn Left On S. Hines Street, Building Is On The Left.
Standard status
Active
APN
10 04 17 2 000 039.003
Size
3,750 SF
Lot size
0.44 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Carpet, Tile
Roof type
Metal
Listing Agency:
Capstone Realty LLC Huntsville
(256) 678-7045
Listed By:
Julie Fronckowiak · License #100041
(256) 289-0222
Added: Jun 9
Changed: Jul 31
Last Checked: Aug 1 at 7:06PM
MLS# 21897744
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.
Multi-purpose office building offering flexible use as a multi-office complex, large office building, church, learning center, and other options. The property includes two separate entries with adjoining shared bathrooms, plus a front entry. Interiors feature carpet and tile flooring. Heating is natural gas with central air cooling. The building has a metal roof and is supported by public water and public sewer.
The asphalt parking lot provides approximately 22 parking spaces, with driveways and parking lot access. The site is 0.4353 acres and includes five separate utility and gas meters. Conveniently located off Hwy 72 W with easy access, it is less than 2 miles from I-65.
The configuration can support multiple groups or offices within one building while maintaining shared restroom areas, making it well-suited for tenants seeking straightforward access and separation at the entrances.
The asphalt parking lot provides approximately 22 parking spaces, with driveways and parking lot access. The site is 0.4353 acres and includes five separate utility and gas meters. Conveniently located off Hwy 72 W with easy access, it is less than 2 miles from I-65.
The configuration can support multiple groups or offices within one building while maintaining shared restroom areas, making it well-suited for tenants seeking straightforward access and separation at the entrances.
Key Highlights
- 3,750 SF office building with carpet and tile flooring
- Two separate entries plus adjoining shared bathrooms and a front entry
- Asphalt parking lot with approx. 22 parking spaces
Financial Insights For Office B
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 | $75.2k | $20.04 |
| − Vacancy | −$11.3k | −$3.01 |
| EGI | $63.9k | $17.03 |
| − OpEx | −$16.0k | −$4.26 |
| NOI | $47.9k | $12.78 |
3,750 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$684.4K
$598.9K – $798.5K
NOI $47,908 @ 7.0% cap · market cap 9.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$976.5K
$854.4K – $1.14M
NOI $68,355 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 35611, AL
27,168
Population
13,709
Households
2
Avg Household Size
41
Median Age
22%
College-Educated
81%
High-School Grad
115.1 sq mi
ZIP Area
236
Density / Sq Mi
$54,606
Median Household Income
$38,872
Median Earnings
$796
Median Rent
$201,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office building on a small site with two separate entries, shared bathrooms, central air, and natural gas HVAC.
Where is this office units located?
The property is located at 1609 Hines Street S Athens, AL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 3,750 SF office building with carpet and tile flooring; Two separate entries plus adjoining shared bathrooms and a front entry; Asphalt parking lot with approx. 22 parking spaces
