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Two-Story Mixed-Use Property
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 Market126

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 2, Bathroom 1
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
Listed By: Jeff Overstreet · License #64243
Added: Jun 22 Changed: Oct 17 Last Checked: Oct 25 at 7:06PM
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.

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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.

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 / 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 (±1% cap)
NOI $27,257 @ 7.0% cap · market cap 9.24%
Second Best
Retail
$220.4K
$192.8K – $257.1K (±1% cap)
NOI $15,425 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$521.9K
$456.7K – $608.9K (±1% cap)
NOI $36,532 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Live-work space

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

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
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