Multi-Bay Automotive Workshop
12179 Al Hwy 168 Boaz, AL 35957
For Sale
$239,900
Updated multi-bay workshop with LED lighting, roll-up doors, offices, and asphalt parking with floor drains and paint booth.
Property Size3,000 SF
Price / SF$79.97
Days on Market91
Property Features for 12179 Al Hwy 168
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Commercial
Listing Agency:
South Towne Realtors, LLC
(256) 878-7722
Listed By:
Jeff Overstreet · License #64243
(256) 878-7722
Source:
Alabamaland
Added: Apr 28
Changed: Jul 25
Last Checked: Jul 25 at 2:23AM
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 commercial building offers approximately 3,000 square feet of multi-bay automotive workshop space designed for active repair and finishing operations. The property includes updated LED lighting, new roll doors, interior ceilings and paint, select electrical improvements, and landscaping. Functional support includes offices, a bathroom, storage bays, and work areas featuring floor drains and a paint booth.
The building has highway road frontage and sits on a large asphalt parking area with new gravel. Multiple bays provide flexibility for simultaneous work within the facility.
The combination of multi-bay layout, dedicated drainage and paint-booth features, and updated finishes make this property well-suited for automotive-related uses such as detail, body work, welding, restoration, and similar retail or wholesale activity.
The building has highway road frontage and sits on a large asphalt parking area with new gravel. Multiple bays provide flexibility for simultaneous work within the facility.
The combination of multi-bay layout, dedicated drainage and paint-booth features, and updated finishes make this property well-suited for automotive-related uses such as detail, body work, welding, restoration, and similar retail or wholesale activity.
Key Highlights
- Commercial building with 3,000 SF and highway road frontage
- Recently updated interior with LED lighting, ceilings, and paint
- Multi‑bay workshop setup with new roll doors, floor drains, and a paint booth
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 | $29.9k | $9.96 |
| − Vacancy | −$2.5k | −$0.85 |
| EGI | $27.3k | $9.11 |
| − OpEx | −$8.2k | −$2.73 |
| NOI | $19.1k | $6.38 |
3,000 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$273.4K
$239.2K – $319.0K
NOI $19,138 @ 7.0% cap · market cap 7.98%
Second Best
Warehouse
$184.9K
$161.8K – $215.7K
NOI $12,944 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$647.5K
$566.6K – $755.4K
NOI $45,325 @ 7.0% cap · market cap 18.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
FAQs
What type of property is this?
Auto shop - Updated multi-bay workshop with LED lighting, roll-up doors, offices, and asphalt parking with floor drains and paint booth.
Where is this auto shop located?
The property is located at 12179 Al Hwy 168 Boaz, AL.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Commercial building with 3,000 SF and highway road frontage; Recently updated interior with LED lighting, ceilings, and paint; Multi‑bay workshop setup with new roll doors, floor drains, and a paint booth
