Corner-Lot Medical
For Sale
$224,900
300 E 6th St, Tuscumbia, AL 35674
Commercial Sale, Tuscumbia, AL
Property Size1,500 SF
Lot Size0.50 Acres
Price / SF$149.93
Days on Market358
Property Features for 300 E 6th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
00 Commercial
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Parking features
Carport
Security features
Security Lighting
Patio and Porch features
Patio
Interior features
Add. Phone Lines, Built-in Features, Ceiling-High, Counters-Granite, Counters-Laminate, Entrance Foyer, Reception Area, Recessed Lighting
Subdivision
Tuscumbia
Lot features
Cleared ( Lot Features), Corner Lot
Elementary school
City
Middle school
City
High school
City
Directions
From Muscle Shoals, AL heading toward downtown/main roads. Take US-72 West / Tennessee Street toward Tuscumbia. Cross over to Tuscumbia via the bridge (if coming from the east side of Muscle Shoals). Once in Tuscumbia, stay on East 5th or 6th Street heading into the downtown area. Turn onto East 6th
Standard status
Active
APN
13-02-04-3-005-022.000
Size
1,500 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Description
LOT 418 TUSCUMBIA 165 X 132 /DB 2018 PG 17343 -17344
Tax Annual Amount
1500
Legal Description
LOT 418 TUSCUMBIA 165 X 132 /DB 2018 PG 17343 -17344
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
security system
lobby/reception area
kitchen/breakroom
Building Details
Year built
1975
Flooring type
Tile - Ceramic, Carpet
Building materials
Asphalt, Attic/Crawl Hatch Insltd, Batts Insulation, Block, Concrete, Ducts Prof. Air-Sealed, Frame/Steel, Glass, Stucco
Roof type
Shingle
Listing Agency:
Brickdriven Realty
(256) 766-0000
Listed By:
Elana Clemons · License #000144857
(256) 335-5340
Added: Sep 22, 2025
Changed: Sep 14
Last Checked: Sep 14 at 1:06PM
MLS# 524893
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 1,500-square-foot medical office property sits on a 0.5-acre corner lot and includes a reception area, private offices or exam rooms, a kitchen and breakroom, and a bathroom. Interior features include granite and laminate counters, recessed lighting, built-in features, high ceilings, and ceramic tile and carpet flooring. Central heating and central air support the building, with natural gas service and public water and sewer.
Located at 300 E 6th St in Tuscumbia, the property has a carport, patio, public utilities, and a security system. The building was constructed in 1975 and is designated 00 Commercial. Previous uses included a doctor’s office, real estate office, and car lot.
Located at 300 E 6th St in Tuscumbia, the property has a carport, patio, public utilities, and a security system. The building was constructed in 1975 and is designated 00 Commercial. Previous uses included a doctor’s office, real estate office, and car lot.
Key Highlights
- 1,500‑square‑foot medical office on a 0.5‑acre corner lot
- Reception area with private offices or exam rooms
- Kitchen and breakroom plus bathroom
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
$13,049
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
5.80%
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%
$260,980
$261.0K
Cap Rate 7%
$186,414
$186.4K
Cap Rate 9%
$144,989
$145.0K
Market Conditions
NOI Build-Up for 1,500 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
$24.3K $16.20/SF
− Vacancy
−$2.6K −$1.70/SF
EGI
$21.7K $14.50/SF
− OpEx
−$8.7K −$5.80/SF
NOI
$13.0K $8.70/SF
Area
Colbert County, AL
Vacancy
10.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
40.00%
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%
$260,980
Cap Rate 7%
$186,414
Cap Rate 9%
$144,989
Alternative Uses
Best Use
Healthcare Medical
$186.4K
$163.1K – $217.5K
NOI $13,049 @ 7.0% cap · market cap 5.80%
Second Best
Office B
$176.0K
$154.0K – $205.3K
NOI $12,320 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$239.5K
$209.6K – $279.5K
NOI $16,767 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35674, AL
19,536
Population
8,945
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
174.1 sq mi
ZIP Area
112
Density / Sq Mi
$56,960
Median Household Income
$39,288
Median Earnings
$768
Median Rent
$176,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with reception, private exam rooms, a breakroom kitchen, bathroom, parking, and a security system.
Where is this medical office space located?
The property is located at 300 E 6th St Tuscumbia, AL.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 1,500‑square‑foot medical office on a 0.5‑acre corner lot; Reception area with private offices or exam rooms; Kitchen and breakroom plus bathroom
