401 4th Avenue, Arab, AL 35016
- Added:
- Mar 31, 2026
- Days on Market:
- 89
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 401 4th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 1306234001044.001
- Size
- 3,570 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete, Vinyl
- Roof type
- Metal
Listing agent Renee Schumm License #143756 (567) 207-8971
Listing office Matlock Realty Group, LLC 82 N Main Street, Arab, AL (256) 224-8165
Listing date Mar 31, 2026
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HighLights
- 4‑unit commercial building in Arab, AL
- Public frontage along the road with a parking lot on‑site
- Two units have been recently renovated
- Central heating and central air conditioning
- Public water and public sewer
- Metal roof; concrete and vinyl flooring
Overview
The property is located at 401 4th Avenue in Arab, Alabama (Marshall County). Public remarks note excellent road frontage and high visibility, which can be important for retail-oriented operations that benefit from drive-by exposure and easy street-level access.
From a tenant or buyer perspective, the building’s multi-unit configuration can appeal to businesses seeking space within a shared commercial asset, as well as investors looking for managed occupancy across several units. With renovations already completed in two spaces, the property may offer some immediate momentum for leasing and occupancy planning while leaving room to align the remaining units with specific retail needs.
Local Financial Insights For Retail
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 | $35.6k | $9.96 |
| − Vacancy | −$3.0k | −$0.85 |
| EGI | $32.5k | $9.11 |
| − OpEx | −$9.8k | −$2.73 |
| NOI | $22.8k | $6.38 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Flower Exchange — 31 N Main St, Arab, AL 35016
- Buddy's Country Flowers — 229 N Main St, Arab, AL 35016
Location Insight
- Map
- Local Demand
- City
- Arab
- County
- Marshall
- State
- Alabama
- Longitude
- -86.4962274
- Latitude
- 34.3209869
