Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3508 COGSWELL AVENUE Pell City, AL 35125

    View on Map
    Claim this Listing
    For Sale
    $1,100,000

    Mixed Use - PELL CITY, AL

    Type:Mixed Use
    Lot size:
    3.00 Acres
    Added:
    Sep 7, 2025
    Days on Market:
    240
    Last Refresh:
    May 4 at 8:06 pm

    Property Features for 3508 COGSWELL AVENUE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Zoning
    R4
    Standard status
    Active
    Lot size
    3.00 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1981
    Floors in Building
    1
    Flooring type
    Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Julie Luker

    Listing agent Julie Luker

    Listing office Keller Williams Pell City 12 Cropwell Drive, Trussville, AL

    Listing date Sep 7, 2025

    MLS# 21430464 Listing URL

    Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 78 Landmark Retail Property

    This landmark retail property, known as the "PINK STORE", offers exceptional visibility on Highway 78 in St Clair County. The building is approximately 15,950 square feet and is climate controlled throughout. The flexible space is suitable for a wide range of businesses, including retail, showroom, office, or specialty use. The property benefits from excellent exposure and accessibility. Situated on a 3-acre lot, this high-traffic location presents a rare opportunity for a new owner to capitalize on an established site with endless potential. The property is zoned R4 and is located in Pell City, AL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Pell City
    County
    St. Clair
    State
    Alabama
    Longitude
    -86.264956
    Latitude
    33.59317

    Nearby Similar for Sale

    • $550,000

      Established Mechanic Shop on Highway

      Well-equipped mechanic shop with high visibility and storage.
      3315 COGSWELL AVENUE, PELL CITY, AL 35125
      View Details
    • $125,000

      Pell City Retail with Drive-Through

      Downtown Pell City retail with drive-through and parking.
      2001 1ST AVENUE, PELL CITY, AL 35125
      View Details
    • $179,000

      Pell City Commercial Space

      Prime downtown commercial space in Pell City, Alabama.
      1915 COGSWELL AVENUE, PELL CITY, AL 35128
      View Details
    • $550,000
      4,088 SF

      Established Mechanic's Shop on Highway

      Mechanic's shop on US Highway 78 with specialized equipment.
      3315 Cogswell Avenue, PELL CITY, AL 35125
      View Details
    • $1,500,000
      11,232 SF

      Turn-Key St. Clair County Building

      16,901 sq. ft. building on +/- two acres.
      220 Kings Circle, PELL CITY, AL 35128
      View Details
    • $2,250,000
      15,000 SF

      Chula Vista Camp & Conference

      205-acre conference center and summer camp near Pell City.
      1000 Chula Vista Drive, PELL CITY, AL 35125
      View Details
    • $1,100,000
      15,950 SF

      Landmark Retail Property on Highway

      High-visibility retail property with flexible space and excellent accessibility.
      3508 Cogswell Avenue, PELL CITY, AL 35125
      View Details
    • $1,250,000
      6,466 SF

      Pell City Commercial Building

      Versatile commercial building with high visibility and multiple access points.
      2401 12th N Avenue, PELL CITY, AL 35125
      View Details
    • $685,000
      20,000 SF

      Pell City Freestanding Warehouse

      20,000 SF warehouse in Pell City's industrial hub.
      1505 Dowzer Avenue, Pell City, AL 35125
      View Details
    • $125,000
      336 SF

      Downtown Pell City Drive-Through Teller

      Drive-through teller opportunity in downtown Pell City.
      2001 1st N Avenue, PELL CITY, AL 35125
      View Details
    • Contact for pricing

      Interstate Visible Restaurant Pad Site

      1.2 AC pad site suitable for restaurant with drive-thru.
      Vaughn Ln, Pell City, AL 35125
      View Details

    FAQs

    What type of property is this?
    Retail space - High-visibility retail/office property on Highway 78 in Pell City, AL.
    Where is this retail space located?
    The property is located at 3508 COGSWELL AVENUE Pell City, AL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Highway 78 road frontage with exceptional visibility.; Landmark retail property known as the "PINK STORE".; Large 15,950 sq ft climate‑controlled building.
    (205) 661-0662
    We can help!
    Listing Contact
    Julie Luker
    Real Estate License ID: 100398
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3508 COGSWELL AVENUE, PELL CITY, AL 35125
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!