Downtown Cullman Office
101 Main Ave Cullman, AL 35055
101 Main Ave, Cullman, AL, 35055
$399,900
For Sale
$399,900
Centrally located office space in downtown Cullman, Alabama.
Property Size2,422 SF
Price / SF$165.11
Days on Market144
Property Features for 101 Main Ave
General Information
- Standard status
- Active
- Size
- 2,422 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1920
Listing Agency
Weichert Realtors Cullman
(256) 735-6729
Listed by
Brandie D Johnson · License #122411
(256) 735-6729
Source
Exitrealty
Added: Feb 23 Checked: Jul 15 at 8:54 pm
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 Weichert Realtors Cullman
Investment Insights
Based on property information with market context.
This centrally located office space is situated in downtown Cullman. The property is zoned CBD, making it suitable for a law office, counseling or therapy practice, or other professional services. It offers high traffic exposure and easy access to amenities within the city limits. The property has a size of 2422 square feet.
Key Highlights
- Centrally located office space in downtown Cullman
- Zoned CBD, suitable for various professional services
- High traffic exposure
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.5k | $12.60 |
| − Vacancy | −$4.9k | −$2.02 |
| EGI | $25.6k | $10.58 |
| − OpEx | −$6.4k | −$2.65 |
| NOI | $19.2k | $7.94 |
2,422 SF · lease $12.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$274.7K
$240.3K – $320.4K
NOI $19,226 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.1K
$312.4K – $416.6K
NOI $24,995 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hankey Law Firm
Law Firm
Akin & Associates Insurance ...
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Centrally located office space in downtown Cullman, Alabama.
Where is this office units located?
The property is located at 101 Main Ave Cullman, AL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Centrally located office space in downtown Cullman; Zoned CBD, suitable for various professional services; High traffic exposure
