Highway Retail
For Sale
$1,800,000
8600 US Highway 431, Albertville, AL 35951
Business Opportunity, Albertville, AL
Property Size7,478 SF
Lot Size0.86 Acres
Price / SF$240.71
Days on Market143
Property Features for 8600 US Highway 431
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Us Hwy 431 Albertville, Al
Standard status
Active
APN
1902042002021.001
Size
7,478 SF
Lot size
0.86 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
high visibility road frontage
Building Details
Floors in Building
1
Listing Agency:
The Real Estate Group · RE/MAX International
(256) 878-1000
Listed By:
Tracy Honea · License #89486
(256) 302-2590
Added: May 6
Changed: Aug 19
Last Checked: Sep 25 at 6:06AM
MLS# 21917226
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 retail property contains approximately 7,478 square feet on a 0.8608-acre parcel. The site is positioned along US Highway 431 in Albertville, Alabama, with road frontage and a commercial setting suited to customer-facing operations.
The property supports a range of potential uses identified for retail, service-oriented business, or other commercial enterprise. Public water and public sewer service are available, providing established utility infrastructure for the site.
The property supports a range of potential uses identified for retail, service-oriented business, or other commercial enterprise. Public water and public sewer service are available, providing established utility infrastructure for the site.
Key Highlights
- Approximately 7,478 square feet of retail space
- 0.8608‑acre parcel
- Located at 8600 US Highway 431 in Albertville, AL 35951
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
$80,931
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
4.50%
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%
$1,618,620
$1.6M
Cap Rate 7%
$1,156,157
$1.2M
Cap Rate 9%
$899,233
$899.2K
Market Conditions
NOI Build-Up for 7,478 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
$116.7K $15.60/SF
− Vacancy
−$8.7K −$1.17/SF
EGI
$107.9K $14.43/SF
− OpEx
−$27.0K −$3.61/SF
NOI
$80.9K $10.82/SF
Area
Marshall County, AL
Vacancy
7.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
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%
$1,618,620
Cap Rate 7%
$1,156,157
Cap Rate 9%
$899,233
Alternative Uses
Best Use
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $80,931 @ 7.0% cap · market cap 4.50%
Second Best
Retail
$681.5K
$596.3K – $795.1K
NOI $47,705 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,981 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 44%
Electronics 1%
MAPCO Mart
Shops & Services
20,030 visits/mo
0.3 miles
SONIC Drive In
Dining
11,763 visits/mo
0.3 miles
Dollar General
Shops & Services
10,302 visits/mo
0.3 miles
Chevron
Shops & Services
7,486 visits/mo
0.2 miles
Firehouse Subs
Dining
6,444 visits/mo
0.4 miles
Demographics for 35951, AL
14,219
Population
5,778
Households
2.5
Avg Household Size
36
Median Age
14%
College-Educated
75%
High-School Grad
77.8 sq mi
ZIP Area
183
Density / Sq Mi
$51,869
Median Household Income
$30,701
Median Earnings
$688
Median Rent
$147,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail property offering flexible space for retail, service-oriented business, or other commercial use.
Where is this retail space located?
The property is located at 8600 US Highway 431 Albertville, AL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 7,478 square feet of retail space; 0.8608‑acre parcel; Located at 8600 US Highway 431 in Albertville, AL 35951
