Traditional Office Building with
2306 Wilson Dam Rd Muscle Shoals, AL 35661
2306 Wilson Dam Rd, Muscle Shoals, AL, 35661
$1,200,000
For Sale
$1,200,000
COMMERCIAL - Muscle Shoals, AL
Property Size6,000 SF
Lot Size0.39 Acres
Price / SF$200
Days on Market1144
Property Features for 2306 Wilson Dam Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CBD
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 1301011019001000
- Size
- 6,000 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Description
- Lots 123 & 124 & Pt. of lots 125 & 126 Muscle Shoals Center # 1 87.33 X 160 IRR/DB 2002.18
- Tax Annual Amount
- 4288
Utilities
- Sewer type
- Septic Tank
Building Details
- Year built
- 1997
Listing Agency
EXIT River City Realty
(256) 284-7781
4221 Huntsville Rd, Florence, AL
Listed by
Jackie C Wallace · License #0000736650
(256) 284-7781
Added: May 31, 2023 Checked: Jul 17 at 1:06 pm
MLS# 511199
Copyright © 2026 Strategic MLS Alliance, 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 traditional office building offers approximately 6,000 square feet of space arranged into 27 rooms. The property includes approximately 25 to 30 parking places to support tenant and visitor access.
Located in a CBD zoning setting in Muscle Shoals, Alabama, the building is positioned right on Wilson Dam Road.
With a multi-room layout and on-site parking capacity, the property is suited for businesses seeking an established office configuration within a central business district zoning designation.
Located in a CBD zoning setting in Muscle Shoals, Alabama, the building is positioned right on Wilson Dam Road.
With a multi-room layout and on-site parking capacity, the property is suited for businesses seeking an established office configuration within a central business district zoning designation.
Key Highlights
- Traditional office building built in 1997
- Approx. 6,000 sq ft office building with 27 rooms
- 4 bathrooms included (Bathroom 1 through Bathroom 4)
Local 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 | $84.2k | $14.04 |
| − Vacancy | −$18.5k | −$3.09 |
| EGI | $65.7k | $10.95 |
| − OpEx | −$16.4k | −$2.74 |
| NOI | $49.3k | $8.21 |
6,000 SF · lease $14.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$704.0K
$616.0K – $821.3K
NOI $49,280 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$958.1K
$838.4K – $1.12M
NOI $67,069 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
D&D Case Management
Medical Billing Service
The Extraordinary Foundation, Inc.
Charitable Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Traditional office building offering 27 rooms and approximately 25 to 30 parking spaces.
Where is this office building located?
The property is located at 2306 Wilson Dam Rd Muscle Shoals, AL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Traditional office building built in 1997; Approx. 6,000 sq ft office building with 27 rooms; 4 bathrooms included (Bathroom 1 through Bathroom 4)
