Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    228 F St Anniston, AL 36207

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Anniston location, large retail/wholesale space.

    Property Features for 228 F St

    General Information

    Property type
    Retail properties & Spaces
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1950

    We can help!

    Listing Contact
    Stephen Cotton

    Listing Agency: Jack L. Cotton Realty Listing Agent: Stephen Cotton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property at 228 F Street in Anniston, Alabama, presents a unique opportunity for a variety of businesses. Situated on a 0.23-acre lot, this high-visibility location boasts a 50 x 100 foot building offering ample space for retail or wholesale operations. The building features a flexible open floor plan, including a spacious showroom exceeding 3000 square feet with recently updated HVAC systems. An additional 2000+ square feet is available for inventory storage or other business needs. Convenient dock-high loading and a platform are included for efficient shipping and receiving. The property's attractive features also include large storefront windows to maximize natural light and enhance visibility, durable pine flooring, and classic brick construction. Its strategic location places it adjacent to established businesses, Mayer Electric to the north and Sequel Electric to the west, ensuring high foot traffic and brand recognition. This property is ideal for businesses seeking a prominent and functional space in a thriving Anniston commercial area. The asking price is to be determined. Contact us today to schedule a viewing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rivers-Living Water Outreach Church

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Pharmacy Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anniston
    County
    Calhoun
    State
    Alabama
    Longitude
    -85.82436
    Latitude
    33.64075

    Nearby Similar for Sale

    • $349,900
      0.28 Acres

      Renovated Commercial Property Near Hospital

      Versatile commercial property with two office buildings near hospital.
      707 E 9Th St, Anniston, AL 36207
      View Details
    • $650,000
      0.17 Acres

      Iconic Mixed-Use Building in Anniston

      Three-story brick building in Downtown Anniston Historic District.
      1024 Noble St, Anniston, AL 36201
      View Details
    • $359,900
      0.08 Acres

      Historic Downtown Anniston Mixed-Use Building

      Two-story brick building with storefront and charming upstairs apartment.
      910 Noble St, Anniston, AL 36201
      View Details
    • $339,900
      0.07 Acres

      Historic Downtown Anniston Commercial Building

      Two-story commercial building in historic downtown Anniston, Alabama.
      1215 Noble St, Anniston, AL 36201
      View Details
    • $129,500
      4,200 SF

      ANNISTON Office Renovation Opportunity

      4,200+ sq ft commercial space in high-visibility business corridor.
      707 Wilmer Ave, Anniston, AL 36201
      View Details
    • $129,000
      6,400 SF

      Historic Retail Building in Anniston

      Former Winkle Drug Store in revitalized downtown Anniston.
      1010 Noble St, Anniston, AL 36201
      View Details
    • Contact for pricing
      0.11 Acres

      Downtown Anniston Redevelopment Opportunity

      Commercial property in downtown Anniston's revitalization district. Sold as-is.
      21 E 11Th St, Anniston, AL 36201
      View Details
    • $199,900
      0.43 Acres

      Warehouse/Office Combo with Apartment

      Versatile commercial property with warehouse, office, and apartment.
      515 S Noble St, Anniston, AL 36201
      View Details
    • Contact for pricing

      Two-Story Commercial Suite in Anniston

      Versatile 2,700 sq ft commercial suite suitable for various businesses.
      2115 Us Highway 78, Anniston, AL 36207
      View Details
    • $949,900
      1.97 Acres

      Versatile Industrial and Retail Opportunity

      Two buildings with warehouse and retail space near I-20.
      1110 Jones Rd, Anniston, AL 36207
      View Details
    • Contact for pricing
      0.08 Acres

      Historic Downtown Anniston Commercial Property

      Shell building with potential for office or retail space.
      1107 Noble St, Anniston, AL 36201
      View Details
    • Contact for pricing

      Office with Storage in Anniston

      Private office and storage space, ideal for small business operations.
      3819 Us Highway 78 E, Anniston, AL 36207
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Anniston location, large retail/wholesale space.
    Where is this retail property located?
    The property is located at 228 F St Anniston, AL.
    (256) 236-7900
    Request Owner's contact information
    228 F St Anniston, AL 36207
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    228 F St
    Anniston, AL 36207
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    228 F St Anniston, AL 36207
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Stephen Cotton
    Real Estate License ID: AL 000014901
    (256) 236-7900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!