Two-Story Mixed-Use
For Sale
$294,900
1110 Alabama Highway 75, Albertville, AL 35951
Business Opportunity, Albertville, AL
Property Size2,418 SF
Lot Size0.16 Acres
Price / SF$121.96
Days on Market81
Property Features for 1110 Alabama Highway 75
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Parking Lot
Subdivision
Metes And Bounds
Lot features
High Visibility
Directions
Highway 75 N Property On Right
Standard status
Active
APN
1901020000005.001
Size
2,418 SF
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Vinyl
Roof type
Metal
Listing Agency:
South Towne Realtors, LLC
(256) 582-6900
Listed By:
Jeff Overstreet · License #64243
(256) 302-7722
Added: Jun 22
Changed: Sep 8
Last Checked: Sep 10 at 7:06AM
MLS# 21892377
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story mixed-use property combines commercial and residential components within a 2,418-square-foot building on 0.16 acres. The ground level includes four rooms or offices, one bathroom, vinyl flooring, central heating, and central air, supporting office or retail use. The upper level contains two bedrooms, a full bathroom, kitchen, and living room, creating an apartment component suitable for personal occupancy or rental use.
Located at 1110 Alabama Highway 75 in Albertville, the property includes a parking lot and benefits from public water and public sewer. A metal roof completes the building improvements. The layout supports a live-work arrangement with separate functional areas for commercial activity and residential use.
Located at 1110 Alabama Highway 75 in Albertville, the property includes a parking lot and benefits from public water and public sewer. A metal roof completes the building improvements. The layout supports a live-work arrangement with separate functional areas for commercial activity and residential use.
Key Highlights
- 2,418‑square‑foot two‑story mixed‑use building
- 0.16‑acre site at 1110 Alabama Highway 75
- Ground floor includes 4 rooms or offices and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,425
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
56
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
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with an upstairs apartment for a live-work configuration.
Where is this mixed-use property located?
The property is located at 1110 Alabama 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: 2,418‑square‑foot two‑story mixed‑use building; 0.16‑acre site at 1110 Alabama Highway 75; Ground floor includes 4 rooms or offices and 1 bathroom
