Flex Space with Three
For Sale
$225,000
6810 McClellan Boulevard, Anniston, AL 36206
Business Opportunity, Anniston, AL
Property Size3,144 SF
Lot Size0.93 Acres
Price / SF$71.56
Days on Market83
Property Features for 6810 McClellan Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial, Industrial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
On Street, Garage
Exterior features
Curb/Gutters, Lighting
Directions
Hwy 21- Mcclellan Blvd In Lenlock
Standard status
Active
APN
1802103002008.000
Size
3,144 SF
Lot size
0.93 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Cooling system
Wall Unit(s)
Water source
Public
Amenities
heated and cooled office
restroom
high-ceiling bays
oversized roll-up doors
Building Details
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Era King Real Estate
(256) 442-1030
Listed By:
Rhonda Hunt · License #127924
(256) 453-6427
Added: Jul 14
Changed: Sep 12
Last Checked: Oct 4 at 11:06AM
MLS# 21922970
Copyright © 2026 ValleyMLS.Com,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 3,144-square-foot flex property occupies 0.93 acres and combines a garage configuration with dedicated office and restroom areas. Three high-ceiling bays provide room for large vehicles and equipment, with oversized roll-up doors supporting practical access. The building also includes concrete flooring, a metal roof, wall-unit cooling, and natural gas and electric heating.
Located at 6810 McClellan Boulevard in Anniston, the property includes curb-and-gutter improvements, exterior lighting, and parking through the garage and on-street spaces. Public water and public sewer serve the site. The layout may accommodate automotive, contractor, equipment, or light industrial operations, subject to applicable requirements.
Located at 6810 McClellan Boulevard in Anniston, the property includes curb-and-gutter improvements, exterior lighting, and parking through the garage and on-street spaces. Public water and public sewer serve the site. The layout may accommodate automotive, contractor, equipment, or light industrial operations, subject to applicable requirements.
Key Highlights
- 3,144‑square‑foot flex building on 0.93 acres
- Three high‑ceiling bays with oversized roll‑up doors
- Heated and cooled office with restroom
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
$16,185
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
7.19%
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%
$323,700
$323.7K
Cap Rate 7%
$231,214
$231.2K
Cap Rate 9%
$179,833
$179.8K
Market Conditions
NOI Build-Up for 3,144 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
$28.3K $9.00/SF
− Vacancy
−$3.4K −$1.08/SF
EGI
$24.9K $7.92/SF
− OpEx
−$8.7K −$2.77/SF
NOI
$16.2K $5.15/SF
Area
Calhoun County, AL
Vacancy
12.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
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%
$323,700
Cap Rate 7%
$231,214
Cap Rate 9%
$179,833
Alternative Uses
Best Use
Retail
$322.6K
$282.3K – $376.3K
NOI $22,580 @ 7.0% cap · market cap 10.04%
Second Best
Flex RnD
$231.2K
$202.3K – $269.8K
NOI $16,185 @ 7.0% cap · market cap 7.19%
Theoretical Best
Healthcare Medical
$483.3K
$422.9K – $563.9K
NOI $33,834 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Service bays
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36206, AL
10,946
Population
4,798
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
85%
High-School Grad
15.8 sq mi
ZIP Area
693
Density / Sq Mi
$55,256
Median Household Income
$35,210
Median Earnings
$785
Median Rent
$128,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Garage-style flex space includes office, restroom, and oversized roll-up access.
Where is this flex space located?
The property is located at 6810 McClellan Boulevard Anniston, AL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 3,144‑square‑foot flex building on 0.93 acres; Three high‑ceiling bays with oversized roll‑up doors; Heated and cooled office with restroom
