Corner Retail and Office
For Sale
$350,000
8253 Al Hwy 69, Arab, AL 35016
COMMERCIAL - Arab, AL
Property Size2,400 SF
Lot Size0.75 Acres
Price / SF$145.83
Days on Market49
Property Features for 8253 Al Hwy 69
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business, Commercial, Industrial, Unzoned
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Driveway, Parking Lot
Window features
Display Window(s)
Accessibility
Accessible Doors
Subdivision
Metes And Bounds
Lot features
Corner Lot
Directions
Located At Intersection Of Al Hwy 69 And Brashiers Chapel Road.
Standard status
Active
APN
1402040000070.000
Size
2,400 SF
Lot size
0.75 Acres
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Flooring type
Tile
Roof type
Shingle
Listing Agency:
Taylor Re Solutions Series
(256) 435-6375
Listed By:
Sam Duffey · License #166866
(256) 673-8055
Added: Jul 12
Changed: Aug 4
Last Checked: Aug 29 at 3:06AM
MLS# 21915771
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 corner commercial building includes approximately 2,400 square feet of interior space within a block building constructed in 1950. The property has central heating and central air conditioning, tile flooring, and accessible doors. Parking is provided via a driveway and parking lot, with additional open space beside the building for expanding parking if needed.
The building sits on a 0.75-acre site at a busy intersection on Al Hwy 69 in front of Marshall Medical Center, with a traffic light at the corner. The property is currently rented as a “corner farmer’s market” and benefits from easy customer access and plentiful parking.
With its prominent window lines and flexible layout, the site supports a range of retail and office uses, including concepts such as retail, office, vape, or beverage store operations, subject to applicable requirements.
The building sits on a 0.75-acre site at a busy intersection on Al Hwy 69 in front of Marshall Medical Center, with a traffic light at the corner. The property is currently rented as a “corner farmer’s market” and benefits from easy customer access and plentiful parking.
With its prominent window lines and flexible layout, the site supports a range of retail and office uses, including concepts such as retail, office, vape, or beverage store operations, subject to applicable requirements.
Key Highlights
- Corner property at a traffic light intersection on Al Hwy 69 in front of Marshall Medical Center
- 0.75‑acre site with plenty of easily accessible parking
- Block building with approximately 2,400 SF built in 1950
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
$15,311
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
4.37%
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%
$306,220
$306.2K
Cap Rate 7%
$218,729
$218.7K
Cap Rate 9%
$170,122
$170.1K
Market Conditions
NOI Build-Up for 2,400 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
$23.9K $9.96/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$21.9K $9.11/SF
− OpEx
−$6.6K −$2.73/SF
NOI
$15.3K $6.38/SF
Area
Marshall County, AL
Vacancy
8.50%
Lease Rate
$9.96 /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%
$306,220
Cap Rate 7%
$218,729
Cap Rate 9%
$170,122
Alternative Uses
Best Use
Retail
$218.7K
$191.4K – $255.2K
NOI $15,311 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$518.0K
$453.3K – $604.3K
NOI $36,260 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Marathon Petroleum
Shops & Services
7,407 visits/mo
0.0 miles
Dollar General
Shops & Services
5,506 visits/mo
0.2 miles
Chevron
Shops & Services
2,062 visits/mo
0.0 miles
Demographics for 35016, AL
17,495
Population
7,372
Households
2.4
Avg Household Size
42
Median Age
22%
College-Educated
89%
High-School Grad
79.0 sq mi
ZIP Area
221
Density / Sq Mi
$60,910
Median Household Income
$36,939
Median Earnings
$758
Median Rent
$192,900
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 - Corner building with central HVAC, tile floors, accessible doors, and ample parking at a busy Hwy 69 intersection.
Where is this storefront property located?
The property is located at 8253 Al Hwy 69 Arab, AL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Corner property at a traffic light intersection on Al Hwy 69 in front of Marshall Medical Center; 0.75‑acre site with plenty of easily accessible parking; Block building with approximately 2,400 SF built in 1950
