Two-Story Live-Work Commercial
For Sale
$294,900
1110 Al Highway 75, Albertville, AL 35951
Two-story building with ground-level office or retail rooms and an upstairs two-bedroom apartment with living space.
Property Size2,418 SF
Price / SF$121.96
Days on Market486
Property Features for 1110 Al Highway 75
General Information
Standard status
Active
Size
2,418 SF
Property subtype
Business Opportunity
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Stories
2
Listing Agency:
South Towne Realtors, LLC
(256) 582-6900
Listed By:
Jeff Overstreet · License #64243
(256) 302-7722
Source:
Exprealty
Added: Jun 23, 2025
Changed: Oct 10
Last Checked: Oct 20 at 8:56PM
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 South Towne Realtors, LLC
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Investment Insights
Based on property information with market context.
This two-story live-work commercial building offers flexible configuration across two levels. The ground level is suited for office or retail use and includes four functional rooms/offices and one bathroom. The upstairs apartment features two bedrooms, a full bathroom, plus a kitchen and living room for personal use or rental.
The property is located on Highway 75 and is positioned for high daily traffic exposure. The address is 1110 Al Highway 75 in Albertville, AL.
For buyers seeking a combined commercial and residential setup, the layout provides dedicated space for day-to-day work or customer-facing activity below, while maintaining separate living space above.
The property is located on Highway 75 and is positioned for high daily traffic exposure. The address is 1110 Al Highway 75 in Albertville, AL.
For buyers seeking a combined commercial and residential setup, the layout provides dedicated space for day-to-day work or customer-facing activity below, while maintaining separate living space above.
Key Highlights
- Highway 75 high‑visibility commercial property with massive daily traffic exposure
- 2,418 SF two‑story building in Albertville with ground‑level commercial space and an upstairs apartment
- Ground level features 4 functional rooms/offices and 1 bathroom, suited for office or retail use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,425
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,500
$308.5K
Cap Rate 7%
$220,357
$220.4K
Cap Rate 9%
$171,389
$171.4K
Market Conditions
NOI Build-Up for 2,418 SF
Gross rent
$24.1K $9.96/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$22.0K $9.11/SF
− OpEx
−$6.6K −$2.73/SF
NOI
$15.4K $6.38/SF
Area
Marshall County, AL
Vacancy
8.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,500
Cap Rate 7%
$220,357
Cap Rate 9%
$171,389
Alternative Uses
Best Use
Office B
$389.4K
$340.7K – $454.3K
NOI $27,257 @ 7.0% cap · market cap 9.24%
Second Best
Retail
$220.4K
$192.8K – $257.1K
NOI $15,425 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$521.9K
$456.7K – $608.9K
NOI $36,532 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 35951, AL
14,219
Population
5,778
Households
2.5
Avg Household Size
36
Median Age
14%
College-Educated
75%
High-School Grad
77.8 sq mi
ZIP Area
183
Density / Sq Mi
$51,869
Median Household Income
$30,701
Median Earnings
$688
Median Rent
$147,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - Two-story building with ground-level office or retail rooms and an upstairs two-bedroom apartment with living space.
Where is this live-work space located?
The property is located at 1110 Al Highway 75 Albertville, AL.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: Highway 75 high‑visibility commercial property with massive daily traffic exposure; 2,418 SF two‑story building in Albertville with ground‑level commercial space and an upstairs apartment; Ground level features 4 functional rooms/offices and 1 bathroom, suited for office or retail use
