Mixed-Use Commercial Property For
For Sale
$280,000
5910 Hwy 43, Tuscumbia, AL 35674
Mixed-use property with commercial, residential, and storage spaces.
Property Size2,733 SF
Price / SF$102.45
Days on Market1091
Property Features for 5910 Hwy 43
General Information
Standard status
Active
Size
2,733 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$355
Amenities
3
Shingle
Gravel.
Section 2 N 1,370' X W 23
Gravel Road, US Highway.
Building Details
Year Built
1962
Listing Agency:
MarMac Real Estate
(256) 766-8499
Listed By:
The Shoals
(256) 275-0679
Source:
Xome
Added: Sep 12, 2023
Changed: Sep 2
Last Checked: Sep 6 at 3:50AM
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 MarMac Real Estate
Investment Insights
Based on property information with market context.
This mixed-use commercial property features both commercial and residential areas. The commercial section offers a spacious layout suitable for retail, office, or service-based businesses. The residential area includes an apartment with 2 bedrooms, a kitchen, and a comfortable living space. A 30 x 60 metal storage building is also located on the property. The property is situated in a prime area with ample parking and easy access to major routes. The property size is 2733 square feet. This property is suitable for entrepreneurs looking to combine business, home, and warehouse storage in one location.
Key Highlights
- Mixed‑use commercial and residential property offering business and living in one location.
- Prime location with easy access to major routes.
- Spacious commercial section suitable for retail, office, or service‑based businesses.
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
$22,447
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
8.02%
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%
$448,940
$448.9K
Cap Rate 7%
$320,671
$320.7K
Cap Rate 9%
$249,411
$249.4K
Market Conditions
NOI Build-Up for 2,733 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
$38.4K $14.04/SF
− Vacancy
−$8.4K −$3.09/SF
EGI
$29.9K $10.95/SF
− OpEx
−$7.5K −$2.74/SF
NOI
$22.4K $8.21/SF
Area
Colbert County, AL
Vacancy
22.00%
Lease Rate
$14.04 /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%
$448,940
Cap Rate 7%
$320,671
Cap Rate 9%
$249,411
Alternative Uses
Best Use
Office B
$320.7K
$280.6K – $374.1K
NOI $22,447 @ 7.0% cap · market cap 8.02%
Second Best
Mixed Use
$257.7K
$225.5K – $300.6K
NOI $18,038 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$436.4K
$381.9K – $509.2K
NOI $30,550 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 35674, AL
19,536
Population
8,945
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
174.1 sq mi
ZIP Area
112
Density / Sq Mi
$56,960
Median Household Income
$39,288
Median Earnings
$768
Median Rent
$176,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with commercial, residential, and storage spaces.
Where is this mixed-use property located?
The property is located at 5910 Hwy 43 Tuscumbia, AL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Mixed‑use commercial and residential property offering business and living in one location.; Prime location with easy access to major routes.; Spacious commercial section suitable for retail, office, or service‑based businesses.
