Automotive Shop with Office Living
4520 Hamilton Boulevard Theodore, AL 36582
For Sale
$390,000
COMMERCIAL - Theodore, AL
Property Size4,800 SF
Lot Size2.91 Acres
Price / SF$81.25
Days on Market251
Property Features for 4520 Hamilton Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
x
Parking
20
Parking features
Parking Lot, Covered
Window features
Aluminum Frames
Fencing
Fenced
Standard status
Active
APN
3801020000005
Size
4,800 SF
Lot size
2.91 Acres
Taxes and HOA fees
Tax Annual Amount
1955
Utilities
Utilities
Cable Available
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1998
Floors in Building
1
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Additional Structures
Other
Listing Agency:
RE/MAX Realty Professionals
(251) 661-1471
Listed By:
Nita Summerlin · License #000136799-0
(251) 753-0722
Added: Nov 18, 2025
Changed: Jul 22
Last Checked: Jul 27 at 12:06PM
MLS# 7682988
Copyright © 2026 Mobile Area Association of REALTORS®. 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 property combines a former automotive shop with a separate living area that can be used for office space. The site sits on an almost 3-acre lot and includes a tranquil pond at the back border. With the existing shop improvements and the flexible office potential, the property is positioned as a practical base for a variety of business uses, subject to buyer due diligence. The tenant-occupied mobile home on the property is not included in the sale, and any equipment or tools on-site may be negotiable as part of the transaction.
Located on a prominent industrial road, the property is designed for visibility and straightforward access. The location supports convenient outreach to nearby stores and restaurants, with easy access to major interstate highways for client and delivery traffic. Buyer or buyer’s agent should verify all information deemed important during due diligence.
For buyers or operators seeking a ready-to-adapt automotive or light commercial environment, the combination of shop space and office-capable living area offers functional separation for day-to-day operations. The ponded rear yard can also help provide a quieter backdrop for business activity. Prospective tenants and buyers should consider how the existing layout fits their intended workflow and confirm allowable use requirements during due diligence.
Located on a prominent industrial road, the property is designed for visibility and straightforward access. The location supports convenient outreach to nearby stores and restaurants, with easy access to major interstate highways for client and delivery traffic. Buyer or buyer’s agent should verify all information deemed important during due diligence.
For buyers or operators seeking a ready-to-adapt automotive or light commercial environment, the combination of shop space and office-capable living area offers functional separation for day-to-day operations. The ponded rear yard can also help provide a quieter backdrop for business activity. Prospective tenants and buyers should consider how the existing layout fits their intended workflow and confirm allowable use requirements during due diligence.
Key Highlights
- Former automotive shop with a separate living area that can be used for offices
- Almost 3‑acre lot with a pond at the back border
- Metal roof and metal siding with concrete flooring
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 | $34.6k | $7.20 |
| − Vacancy | −$2.4k | −$0.49 |
| EGI | $32.2k | $6.71 |
| − OpEx | −$9.7k | −$2.01 |
| NOI | $22.5k | $4.70 |
4,800 SF · lease $7.20/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Office B
$953.3K
$834.2K – $1.11M
NOI $66,733 @ 7.0% cap · market cap 17.11%
Second Best
Retail
$907.6K
$794.2K – $1.06M
NOI $63,534 @ 7.0% cap · market cap 16.29%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,400 @ 7.0% cap · market cap 21.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- B & K Auto Repair — 4520 Hamilton Blvd, Theodore, AL 36582
Frequently Asked Questions
What type of property is this?
Auto shop - Former automotive shop with an attached living area that can function as office space, on a high-visibility industrial lot.
Where is this auto shop located?
The property is located at 4520 Hamilton Boulevard Theodore, AL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Former automotive shop with a separate living area that can be used for offices; Almost 3‑acre lot with a pond at the back border; Metal roof and metal siding with concrete flooring
