Flex Space with
For Sale
$249,000
2889 Scottsboro Hwy, Guntersville, AL 35976
Business Opportunity, Guntersville, AL
Property Size5,500 SF
Lot Size0.60 Acres
Price / SF$45.27
Days on Market88
Property Features for 2889 Scottsboro Hwy
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Accessibility
Accessible Doors
Subdivision
Metes And Bounds
Lot features
Corner Lot
Directions
Take 79 North From Guntersville. Property Will Be 2.9 Miles On The Left On The Corner Of 79 And Columbus City Rd
Standard status
Active
APN
0903050000011.000
Size
5,500 SF
Lot size
0.60 Acres
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
A.H. Sothebys Int. Realty
(256) 799-9333
Listed By:
Candace Claburn · License #105076
(256) 652-7401
Added: Jun 12
Changed: Sep 2
Last Checked: Sep 7 at 9:06PM
MLS# 21911565
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Investment Insights
Based on property information with market context.
This 5,500-square-foot flex property combines five private offices with a 40-by-60-foot warehouse area, creating a practical mix of administrative and operational space. The layout also includes a kitchen area and two bathrooms, with concrete flooring, a metal roof, natural gas heating, and window-unit cooling. Accessible doors and public water service are additional property features.
Located at 2889 Scottsboro Hwy in Guntersville, Alabama, the property occupies 0.6 acres and uses a septic tank for sewer service. The rear portion may support residential occupancy while the front remains available for business use, subject to applicable requirements.
Located at 2889 Scottsboro Hwy in Guntersville, Alabama, the property occupies 0.6 acres and uses a septic tank for sewer service. The rear portion may support residential occupancy while the front remains available for business use, subject to applicable requirements.
Key Highlights
- 5,500 sq ft flex property on 0.6 acres
- Five private offices paired with a 40x60 warehouse area
- Potential live‑work configuration with business space in front and living area at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,830
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$436,600
$436.6K
Cap Rate 7%
$311,857
$311.9K
Cap Rate 9%
$242,556
$242.6K
Market Conditions
NOI Build-Up for 5,500 SF
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.
Gross rent
$33.0K $6.00/SF
− Vacancy
−$1.8K −$0.33/SF
EGI
$31.2K $5.67/SF
− OpEx
−$9.4K −$1.70/SF
NOI
$21.8K $3.97/SF
Area
Marshall County, AL
Vacancy
5.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$436,600
Cap Rate 7%
$311,857
Cap Rate 9%
$242,556
Alternative Uses
Best Use
Office B
$885.7K
$775.0K – $1.03M
NOI $61,999 @ 7.0% cap · market cap 24.90%
Second Best
Flex RnD
$451.1K
$394.7K – $526.2K
NOI $31,574 @ 7.0% cap · market cap 12.68%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,097 @ 7.0% cap · market cap 33.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35976, AL
16,787
Population
7,472
Households
2.2
Avg Household Size
47
Median Age
31%
College-Educated
88%
High-School Grad
127.6 sq mi
ZIP Area
132
Density / Sq Mi
$72,579
Median Household Income
$39,354
Median Earnings
$792
Median Rent
$254,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas support business operations, storage, and potential live-work use.
Where is this flex space located?
The property is located at 2889 Scottsboro Hwy Guntersville, AL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 5,500 sq ft flex property on 0.6 acres; Five private offices paired with a 40x60 warehouse area; Potential live‑work configuration with business space in front and living area at the rear
