24497 1/2 W Highway 72, Athens, AL 35613
- 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
Listing agent Alex Mukai License #99826 (256) 714-1300
Listing office Avanti Realty Services LLC 6079 Wall Triana Hwy, AL (256) 714-1300
Listing date Jan 8, 2026
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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 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Limestone
- State
- Alabama
- Longitude
- -86.891097
- Latitude
- 34.767503