Storefront Building with
For Sale
$195,000
74 Winston Street, Valley Head, AL 35989
COMMERCIAL - Valley Head, AL
Property Size2,640 SF
Lot Size0.13 Acres
Price / SF$73.86
Days on Market61
Property Features for 74 Winston Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
On Street, Alley
Window features
Display Window(s)
Interior features
Wash Rack
Exterior features
Sidewalks, Curb/Gutters
Subdivision
City
Lot features
High Visibility
Directions
Downtown Valley Head, Across From The Bank
Standard status
Active
APN
1009290001032.000
Size
2,640 SF
Lot size
0.13 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
Category 2 kitchen
Building Details
Year built
1945
Floors in Building
1
Flooring type
Concrete
Listing Agency:
Southern Properties Agency Inc
(256) 845-6000
Listed By:
Ashley Manning · License #102370
(256) 635-8798
Added: Jun 14
Changed: Aug 4
Last Checked: Aug 13 at 5:06AM
MLS# 21912024
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 storefront building offers an adaptable interior layout and a Category 2 kitchen, previously used as the Side Street Deli. Interior features include a wash rack, with concrete flooring throughout. Heating includes electric heating, central systems, and natural gas, while cooling is provided by central air.
The property is on a 0.13-acre lot and contains 2,640 square feet. Exterior amenities include curb/gutters and sidewalks, and the site supports public water and public sewer service. Parking is available via alley access and on-street spaces. The building was constructed in 1945.
Seller will consider leasing and will consider owner financing depending on terms.
The property is on a 0.13-acre lot and contains 2,640 square feet. Exterior amenities include curb/gutters and sidewalks, and the site supports public water and public sewer service. Parking is available via alley access and on-street spaces. The building was constructed in 1945.
Seller will consider leasing and will consider owner financing depending on terms.
Key Highlights
- 2,640 SF storefront building on a 0.13‑acre lot
- Category 2 kitchen plus adaptable layout for multiple business uses
- Central air cooling; heating includes electric and natural gas
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
$15,967
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
8.19%
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%
$319,340
$319.3K
Cap Rate 7%
$228,100
$228.1K
Cap Rate 9%
$177,411
$177.4K
Market Conditions
NOI Build-Up for 2,640 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
$25.3K $9.60/SF
− Vacancy
−$2.5K −$0.96/SF
EGI
$22.8K $8.64/SF
− OpEx
−$6.8K −$2.59/SF
NOI
$16.0K $6.05/SF
Area
DeKalb County, AL
Vacancy
10.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
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%
$319,340
Cap Rate 7%
$228,100
Cap Rate 9%
$177,411
Alternative Uses
Best Use
Specialty Retail
$416.2K
$364.2K – $485.6K
NOI $29,136 @ 7.0% cap · market cap 14.94%
Second Best
Retail
$228.1K
$199.6K – $266.1K
NOI $15,967 @ 7.0% cap · market cap 8.19%
Theoretical Best
Healthcare Medical
$425.3K
$372.1K – $496.2K
NOI $29,771 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35989, AL
3,265
Population
1,559
Households
2.1
Avg Household Size
43
Median Age
12%
College-Educated
75%
High-School Grad
57.2 sq mi
ZIP Area
57
Density / Sq Mi
$43,750
Median Household Income
$31,096
Median Earnings
$730
Median Rent
$89,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront building with a Category 2 kitchen and central HVAC, ready for restaurant, retail, office, or creative use.
Where is this storefront property located?
The property is located at 74 Winston Street Valley Head, AL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 2,640 SF storefront building on a 0.13‑acre lot; Category 2 kitchen plus adaptable layout for multiple business uses; Central air cooling; heating includes electric and natural gas
