Sign Up Successful!
You now have access to more from Realmo!
    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

    33 County Road 21 Ozark, AL 36360

    Sponsored
    For Sale
    $225,000

    Prime Ozark location, multi-use potential, high visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    363
    This exceptional commercial property presents a remarkable investment opportunity in the thriving Ozark/Newton area. Strategically situated on the corner of Highway 123 and South County Road 21, this property boasts significant road frontage on both major thoroughfares, ensuring high visibility and substantial traffic exposure. The 2-acre lot features a sturdy all-block main building complemented by a separate storage building equipped with a convenient roll-up door. The main building includes two public restrooms, significantly enhancing its functionality and appeal. Modernization is evident in the recently installed mini-split air conditioning units and updated electrical system, ensuring efficient and comfortable operation. Further enhancing its versatility, the property includes four 2,000-gallon certified gas tanks, ideal for various businesses. Grease traps and a septic system are already in place, simplifying operational logistics. This property's adaptable design makes it suitable for a single large business or multiple smaller businesses, offering significant rental income potential. Its prime location, coupled with its robust infrastructure and modern amenities, positions this property as an exceptional investment with strong potential for immediate return. The combination of high traffic volume, ample space, and modern upgrades makes this a truly unique opportunity.

    Property Features for 33 County Road 21

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1960

    We can help!

    Listing Contact
    Mike Pierce

    Learn more

    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Food Market Storage Facility Grocery Store Daycare Center Smoke and Vape Shop Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Ozark
    County
    Dale
    State
    Alabama
    Longitude
    -85.6338
    Latitude
    31.45

    Nearby Similar for Sale

    • $549,999
      1.76 Acres

      Turnkey Restaurant Opportunity on 231

      Successful, award-winning steakhouse on 1.76 acres along 231 South.
      8370 Us Highway 231 South, Ozark, AL 36360
      View Details
    • $509,000
      1.76 Acres

      Restaurant Opportunity on US Highway

      Turnkey restaurant with gift shop on 1.76 acres.
      8370 Us Highway 231 South, Ozark, AL 36360
      View Details
    • $299,900
      1.17 Acres

      Commercial Building on Major Highway

      Over 11,000 sq ft commercial building between Ozark and Ft. Rucker.
      5879 Andrews Ave, Ozark, AL 36360
      View Details
    • $299,900
      2.20 Acres

      Ozark Commercial Property on Hwy 231

      High-visibility commercial property with highway frontage on 2.2 acres.
      7642 Us Highway 231, Ozark, AL 36360
      View Details
    • $339,900
      Pending

      Ozark Commercial Building For Sale

      5445 SF brick building near Dale Medical Hospital.
      145 Katherine Ave, Ozark, AL 36360
      View Details
    • $900,000
      10.00 Acres

      Ozark Warehouse on 10 Acres

      113,600 SF vacant warehouse on 10 acres in Ozark, AL.
      401 Bingham Ave, Ozark, AL 36360
      View Details
    • $949,000
      1.69 Acres

      Ozark Commercial Property For Sale

      Highly visible commercial property in a thriving retail area of Ozark.
      1396 Us Highway 231, Ozark, AL 36360
      View Details
    • $970,000

      Ozark AL Commercial Property

      Commercial property in Ozark, Alabama, featuring three buildings.
      1518 Andrews Ave, Ozark, AL 36330
      View Details
    • $180,000
      Pending

      Ozark AL Townhomes For Sale

      Four townhome units, each with two bedrooms and one and a half baths.
      1177 Harris Rd, Ozark, AL 36360
      View Details
    • $189,000

      Daycare Opportunity in Ozark, AL

      Commercial property currently operating as a daycare for sale.
      1889 Andrews Ave, Ozark, AL 36360
      View Details
    • Contact for pricing
      90,783 SF

      Midtown Plaza Retail Opportunity

      90,783 SF shopping center with high visibility on Highway 231.
      1548 South Us Highway 231, Ozark, AL 36360
      View Details
    • $1,250,000
      6,556 SF

      Ozark Commercial Property For Sale

      6,556 SF building on 1.63 acres in thriving retail area.
      1396 S 231, Ozark, AL 36360
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Ozark location, multi-use potential, high visibility.
    Where is this commercial real estate located?
    The property is located at 33 County Road 21 Ozark, AL.
    What is the asking price?
    The asking price for this property is $225,000.
    (334) 370-0807
    Request Owner's contact information
    33 County Road 21 Ozark, AL 36360
    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.
    33 County Road 21
    Ozark, AL 36360
    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
    33 County Road 21 Ozark, AL 36360
    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
    Mike Pierce
    (334) 370-0807
    Learn more
    Google sign-in failed. Please try again or use another login method.