Retail/Office Building in
112 W Tarrant Drive Gardendale, AL 35071
112 W Tarrant Drive, Gardendale, AL, 35071
$349,000
For Sale
$349,000
Retail or office building centrally located in Gardendale, Alabama.
Property Size2,266 SF
Price / SF$154.02
Days on Market130
Property Features for 112 W Tarrant Drive
General Information
- Standard status
- Active
- Size
- 2,266 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1952
Listing Agency
Better Homes
(256) 735-3648
Listed by
Charline Wu
(256) 735-3648
Source
Exitrealty
Added: Mar 9 Checked: Jul 16 at 7:36 am
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 Better Homes
Investment Insights
Based on property information with market context.
This building, suitable for retail or office use, is centrally located in Gardendale, Alabama, across from the Jefferson County satellite tax office and near Main Street. It features three entrance doors, three restrooms, and two balconies at the rear. Recent updates include a new gutter, paint, and one new air conditioning unit in 2023, along with new flooring installed in 2022 and planned for 2025. The property offers a potential business opportunity with a total size of 2266 square feet.
Key Highlights
- Prime location in Gardendale, across from Jefferson County satellite tax office and near main street.
- Suitable for retail or office use.
- Three entrance doors for easy access.
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 | $47.0k | $20.76 |
| − Vacancy | −$1.8k | −$0.81 |
| EGI | $45.2k | $19.95 |
| − OpEx | −$13.6k | −$5.99 |
| NOI | $31.6k | $13.97 |
2,266 SF · lease $20.76/SF/yr · vacancy 3.90% · expense 30.00%
Alternative Uses
Best Use
Office B
$570.5K
$499.2K – $665.6K
NOI $39,933 @ 7.0% cap · market cap 11.44%
Second Best
Retail
$452.1K
$395.6K – $527.4K
NOI $31,645 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$779.5K
$682.1K – $909.5K
NOI $54,568 @ 7.0% cap · market cap 15.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Team Plumbing & Toilet, ...
General Contractor
Kris's International Sewing ...
Factory
Compassionate Hearts Training ...
Vocational School
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail or office building centrally located in Gardendale, Alabama.
Where is this retail space located?
The property is located at 112 W Tarrant Drive Gardendale, AL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Prime location in Gardendale, across from Jefferson County satellite tax office and near main street.; Suitable for retail or office use.; Three entrance doors for easy access.
