For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Unzoned Commercial Property with Billboard Title is generated by Realmo AI

    24497 1/2 W Highway 72, Athens, AL 35613

    View on Map
    Claim this Listing
    For Sale
    $1,000,000

    COMMERCIAL - Athens, AL

    Property size:
    4,900 SF
    Lot size:
    2.65 Acres
    Price / SF:
    $204/SF
    Added:
    Jan 8, 2026
    Days on Market:
    170
    Last Refresh:
    Jun 27 at 12:06 am

    Property Features for 24497 1/2 W Highway 72

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1
    Standard status
    Active
    Size
    4,900 SF
    Lot size
    2.65 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Wood

    We can help!

    Contact an agent
    Alex Mukai
    Alex Mukai

    Listing agent Alex Mukai License #99826

    Listing office Avanti Realty Services LLC 6079 Wall Triana Hwy, AL

    Listing date Jan 8, 2026

    MLS# 21866017

    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.

    HighLights

    • Un‑zoned property suitable for various uses.
    • Income‑generating property with existing rental income.
    • Convenient location approximately 2.5 miles from US Interstate 65.
    • High‑visibility location across from Jimmy Smith GMC.
    • Large 2.65‑acre lot.
    • Public water and sewer connections available.

    Overview

    The property is an un-zoned commercial site featuring a house and a metal building, along with a billboard. The lot size is approximately 2.65 acres, and the property is listed at approximately 4,900 square feet.

    The site is located about 2.5 miles east of US Interstate 65 and is across from Jimmy Smith GMC. Based on the owner-provided figures, current rent includes $1,450 per month for the house and $900 per month for the metal building, plus $165 per month for the billboard. Please do not disturb tenants.

    With its un-zoned status, the property is positioned for a variety of single-use tenants, including day care, urgent care, medical office, and attorney office, as well as retail offices and multi-family use. This mix of existing improvements and flexible end-user options may appeal to buyers looking for a site that can accommodate multiple concepts without being restricted by a stated zoning classification.

    Local Financial Insights For Healthcare Medical

    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 $117.6k $24.00
    − Vacancy −$11.8k −$2.40
    EGI $105.8k $21.60
    − OpEx −$42.3k −$8.64
    NOI $63.5k $12.96
    4,900 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $907.2K
    $793.8K – $1.06M (±1% cap)
    NOI $63,504 @ 7.0% cap · market cap 6.35%
    Second Best
    Office B
    $894.3K
    $782.5K – $1.04M (±1% cap)
    NOI $62,600 @ 7.0% cap · market cap 6.26%
    Theoretical Best
    Office A
    $1.28M
    $1.12M – $1.49M (±1% cap)
    NOI $89,317 @ 7.0% cap · market cap 8.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Nail Salon Auto Parts Store Gym & Fitness Center Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Limestone
    State
    Alabama
    Longitude
    -86.891097
    Latitude
    34.767503

    FAQs

    What type of property is this?
    Medical Office Space - Unzoned site with a house, metal building, and billboard income, suited for a range of single-use commercial uses.
    Where is this medical office space located?
    The property is located at 24497 1/2 W Highway 72 Athens, AL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Un‑zoned property suitable for various uses.; Income‑generating property with existing rental income.; Convenient location approximately 2.5 miles from US Interstate 65.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message