Commercial Property on High-Traffic
10428 Al Hwy 69 Arab, AL 35016
10428 Al Hwy 69, Arab, AL, 35016
$975,000
For Sale
$975,000
3.9-acre commercial property with showroom, offices, and warehouse.
Property Size15,800 SF
Lot Size3.90 Acres
Price / SF$61.71
Days on Market118
Property Features for 10428 Al Hwy 69
General Information
- Standard status
- Active
- Size
- 15,800 SF
- Lot size
- 3.90 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2012
Listing Agency
BHGRE Southern Premiere - Arab
(256) 505-7870
Listed by
Dianne Prestridge · License #55911
(256) 505-7870
Source
Exitrealty
Added: Mar 22 Checked: Jul 16 at 6:29 am
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 BHGRE Southern Premiere - Arab
Investment Insights
Based on property information with market context.
This commercial property is situated on 3.9 acres along heavily traveled AL HWY 69, conveniently located near Arab and a short distance from Huntsville and Guntersville. The front building features 3,200 square feet of space, including a 60x30 reception area or showroom, multiple offices, a kitchen, storage rooms, and two bathrooms. Attached to this building is a 38x20 workroom with tall ceilings and bay doors. A separate warehouse on the property provides 12,600 square feet of space and includes a half bath and bay doors at each end. This property offers potential for various business opportunities due to its location in a high-traffic area.
Key Highlights
- High‑traffic location on AL HWY 69, near Arab and a short distance from Huntsville and Guntersville.
- Large 12,600 sq. ft. warehouse with bay doors at each end.
- Front building boasts 3,200 sq. ft. including a spacious 60x30 reception area/showroom, offices, kitchen, storage, and 2 baths.
Local Financial Insights For Warehouse
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 | $85.3k | $5.40 |
| − Vacancy | −$5.1k | −$0.32 |
| EGI | $80.2k | $5.08 |
| − OpEx | −$12.0k | −$0.76 |
| NOI | $68.2k | $4.31 |
15,800 SF · lease $5.40/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$2.54M
$2.23M – $2.97M
NOI $178,106 @ 7.0% cap · market cap 18.27%
Second Best
Retail
$1.44M
$1.26M – $1.68M
NOI $100,794 @ 7.0% cap · market cap 10.34%
Theoretical Best
Office A
$3.41M
$2.98M – $3.98M
NOI $238,714 @ 7.0% cap · market cap 24.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Showrooms
Similar For Sale Nearby
Similar Off Market Nearby
- All Star Mini Storage — 9425 AL-69, Arab, AL 35016
- Park It Cheap — 2700 Guntersville Rd, Arab, AL 35016
FAQs
What type of property is this?
Warehouse - 3.9-acre commercial property with showroom, offices, and warehouse.
Where is this warehouse located?
The property is located at 10428 Al Hwy 69 Arab, AL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: High‑traffic location on AL HWY 69, near Arab and a short distance from Huntsville and Guntersville.; Large 12,600 sq. ft. warehouse with bay doors at each end.; Front building boasts 3,200 sq. ft. including a spacious 60x30 reception area/showroom, offices, kitchen, storage, and 2 baths.
