Office Unit with
For Sale
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101 Aviators View Dr Unit 10, Alabaster, AL 35007
Professional office setting with bathrooms, a kitchenette, outdoor picnic area, and access to a conference room.
Property Size5,151 SF
Price / SF$0.16
Days on Market89
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Property Features for 101 Aviators View Dr Unit 10
General Information
Standard status
Active
Size
5,151 SF
Additional Details
Highway Access
Yes
Amenities
spacious well-maintained bathrooms
kitchenette
outdoor picnic area
conference room available for daily rental
Building Details
Year Built
2009
Listing Agency:
Down South Realty Inc
Listed By:
Josh Dunnaway, Mary Dunnaway
Source:
Soldbystratford
Added: Jul 19
Changed: Oct 13
Last Checked: Oct 15 at 1:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Down South Realty Inc
Investment Insights
Based on property information with market context.
This 5,151-square-foot office unit at 101 Aviators View Dr Unit 10 includes bathrooms, a kitchenette, and access to an outdoor picnic area. A conference room is available for daily rental, providing additional meeting space when needed. The property was built in 2009.
The office is located in Alabaster, Alabama, near I-65 with convenient highway access for commutes and client visits. Additional office spaces are also available at the property.
The office is located in Alabaster, Alabama, near I-65 with convenient highway access for commutes and client visits. Additional office spaces are also available at the property.
Key Highlights
- 5,151‑square‑foot office unit
- Bathrooms and kitchenette included
- Outdoor picnic area on the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,240
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,800
$1.1M
Cap Rate 7%
$774,857
$774.9K
Cap Rate 9%
$602,667
$602.7K
Market Conditions
NOI Build-Up for 5,151 SF
Gross rent
$92.7K $18.00/SF
− Vacancy
−$20.4K −$3.96/SF
EGI
$72.3K $14.04/SF
− OpEx
−$18.1K −$3.51/SF
NOI
$54.2K $10.53/SF
Area
Shelby County, AL
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,800
Cap Rate 7%
$774,857
Cap Rate 9%
$602,667
Alternative Uses
Best Use
Office B
$774.9K
$678.0K – $904.0K
NOI $54,240 @ 7.0% cap · market cap 6,780.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,633 @ 7.0% cap · market cap 10,579.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 35007, AL
28,274
Population
10,634
Households
2.7
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
39.0 sq mi
ZIP Area
725
Density / Sq Mi
$86,994
Median Household Income
$47,572
Median Earnings
$1,348
Median Rent
$231,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Professional office setting with bathrooms, a kitchenette, outdoor picnic area, and access to a conference room.
Where is this office units located?
The property is located at 101 Aviators View Dr Unit 10 Alabaster, AL.
What are key features of this property?
This property features: 5,151‑square‑foot office unit; Bathrooms and kitchenette included; Outdoor picnic area on the property
