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    Helena Office Building For Sale Title is generated by Realmo AI

    1109 Townhouse Road, Helena, AL 35080

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    For Sale
    $799,900

    Two-story office building with recent renovations and ample parking.

    Type:Commercial/Industrial
    Property size:
    4,632 SF
    Price / SF:
    $172/SF
    Added:
    Mar 9, 2026
    Days on Market:
    85
    Last Refresh:
    Apr 7 at 9:22 pm

    Property Features for 1109 Townhouse Road

    General Information

    Standard status
    Active
    Size
    4,632 SF
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1989

    We can help!

    Listing Contact
    Jason Gilliland

    Listing agent Jason Gilliland License #78042

    Listing office Real Broker LLC

    Listing date Mar 9, 2026

    Source Exitrealty

    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 Real Broker LLC

    HighLights

    • Newly resurfaced parking lot with freshly painted lines.
    • New interior paint and new flooring throughout the office.
    • Two‑story office building with ample parking and multiple entrances.
    • Large executive offices with two reception areas and a large conference room.
    • Kitchen with refrigerator and microwave.
    • Restrooms for men and women on both levels.

    Overview

    This two-story, full brick office building is located off Highway 95 in Helena. The property features new interior paint, new flooring, new toilets, and new awnings. The parking lot has been resurfaced and features freshly painted lines. The 4,632 square foot building includes large executive offices and two reception areas. The main level lobby features built-ins for a receptionist. A large conference room and a kitchen equipped with a refrigerator and microwave are also present. Restrooms for men and women are located on both levels, along with a water fountain. The upper floor includes a reception area with adjoining executive offices. A private side entrance provides access to main level parking and a full bath with adjoining offices. The building also features an open two-story foyer. The property has ample parking and front, side, and rear entrances. The building could be used as a medical facility.

    Local Financial Insights For Healthcare Medical

    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 $116.7k $25.20
    − Vacancy −$12.3k −$2.65
    EGI $104.5k $22.55
    − OpEx −$41.8k −$9.02
    NOI $62.7k $13.53
    4,632 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $895.5K
    $783.5K – $1.04M (±1% cap)
    NOI $62,682 @ 7.0% cap · market cap 7.84%
    Second Best
    Office B
    $696.8K
    $609.7K – $812.9K (±1% cap)
    NOI $48,775 @ 7.0% cap · market cap 6.10%
    Theoretical Best
    Office A
    $1.09M
    $951.3K – $1.27M (±1% cap)
    NOI $76,106 @ 7.0% cap · market cap 9.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Dr David Faber Physician Shelby Psychological Services, ... Physician laurita miller counseling ... Foster Care Service Alabama Psychiatry Helena ... Medical Clinic

    Suggested Use

    Real Estate Agency Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Accounting Firm Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Helena
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8298375
    Latitude
    33.2730987

    Nearby Similar for Sale

    • $799,900

      Two-Story Office Building in Helena

      Two-story office building with recent renovations in Helena, Alabama.
      1109 TOWNHOUSE ROAD, HELENA, AL 35080
      View Details
    • $1,163,750
      1,744 SF

      Portfolio of Five SFR Properties

      Five single-family residences in North Shelby County, Birmingham suburban area.
      1949 Riva Ridge Road, Helena, AL 35080
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story office building with recent renovations and ample parking.
    Where is this office building located?
    The property is located at 1109 Townhouse Road Helena, AL.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: Newly resurfaced parking lot with freshly painted lines.; New interior paint and new flooring throughout the office.; Two‑story office building with ample parking and multiple entrances.
    (205) 422-8019
    We can help!
    Listing Contact
    Jason Gilliland
    Real Estate License ID: 78042
    Learn More
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    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.

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