Two-Story Live-Work Commercial
1110 Al Highway 75 Albertville, AL 35951
1110 Al Highway 75, Albertville, AL, 35951
$294,900
For Sale
$294,900
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 Market395
Property Features for 1110 Al Highway 75
General Information
- Standard status
- Active
- Size
- 2,418 SF
- Property subtype
- Business Opportunity
Listing agency
South Towne Realtors, LLC
(256) 302-7722
Listed by
Jeff Overstreet · License #64243
(256) 302-7722
Source
Exprealty
Added: Jun 23, 2025 Updated: Jul 21 at 8:17PM Checked: Jul 21 at 8:17PM
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
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
Local Financial Insights For Retail
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 | $24.1k | $9.96 |
| − Vacancy | −$2.0k | −$0.85 |
| EGI | $22.0k | $9.11 |
| − OpEx | −$6.6k | −$2.73 |
| NOI | $15.4k | $6.38 |
2,418 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
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
