Versatile Flex/Industrial
41185 State Highway 75 N Altoona, AL 35121
41185 State Highway 75 N, Altoona, AL, 35121
$299,900
For Sale
$299,900
COMMERCIAL - Altoona, AL
Property Size4,900 SF
Lot Size1.10 Acres
Price / SF$61.20
Days on Market52
Property Features for 41185 State Highway 75 N
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- 0801110000013.011
- Size
- 4,900 SF
- Lot size
- 1.10 Acres
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
Listing Agency
Main Street Realty Plus, LLC
(256) 400-1335
202 E Main Street, Albertville, AL
Listed by
Gabby Gonzalez · License #140261
(256) 477-3677
Added: May 27 Checked: Jul 17 at 6:06 am
MLS# 21913967
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Investment Insights
Based on property information with market context.
For sale is a versatile flex/industrial building totaling 4,900 square feet, situated on approximately 1.1 acres. The property includes extra road frontage, offering an accessible setting for a range of commercial concepts.
Located at 41185 State Highway 75 N in Altoona, Alabama 35121, the site benefits from frontage along a state highway corridor. The building and surrounding lot provide a flexible configuration for tenant and operational needs.
This offering is presented as a single property with clear physical scale parameters, including overall building size and lot size, for buyers and brokers evaluating space requirements and site planning.
Located at 41185 State Highway 75 N in Altoona, Alabama 35121, the site benefits from frontage along a state highway corridor. The building and surrounding lot provide a flexible configuration for tenant and operational needs.
This offering is presented as a single property with clear physical scale parameters, including overall building size and lot size, for buyers and brokers evaluating space requirements and site planning.
Key Highlights
- Concrete flooring throughout
- Public water service available
- Septic tank sewer system
Local Financial Insights For Industrial
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 | $34.1k | $6.96 |
| − Vacancy | −$2.2k | −$0.45 |
| EGI | $31.9k | $6.51 |
| − OpEx | −$9.6k | −$1.95 |
| NOI | $22.3k | $4.56 |
4,900 SF · lease $6.96/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$576.4K
$504.4K – $672.5K
NOI $40,349 @ 7.0% cap · market cap 13.45%
Second Best
Industrial
$318.9K
$279.0K – $372.0K
NOI $22,321 @ 7.0% cap · market cap 7.44%
Theoretical Best
Specialty Retail
$801.2K
$701.0K – $934.7K
NOI $56,082 @ 7.0% cap · market cap 18.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex/industrial building on 1.1 acres with extra road frontage and 4,900 square feet.
Where is this flex space located?
The property is located at 41185 State Highway 75 N Altoona, AL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Concrete flooring throughout; Public water service available; Septic tank sewer system
