Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5261 Us Highway 431 Albertville, AL 35950

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $450,000

    Commercial property featuring office space and workshop bays on Highway 431.

    Lot size:
    0.34 Acres

    Property Features for 5261 Us Highway 431

    General Information

    Standard status
    Active
    Lot size
    0.34 Acres

    We can help!

    Listing Contact
    Jeff Overstreet
    Source: Exprealty

    Listing Agency: South Towne Realtors, LLC Listing Agent: Jeff Overstreet

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Highway 431 Commercial Property

    This commercial property, situated on Highway 431, offers a total gross space of 1,500 square feet. It features a front office area suitable for client meetings and administrative tasks. The property also includes a three-bay workshop in the back, which is ideal for manufacturing, storage, or service-oriented businesses. Convenient parking is available for both employees and customers.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albertville
    County
    Marshall
    State
    Alabama
    Longitude
    -86.185649
    Latitude
    34.255433

    Nearby Similar for Sale

    • $1,200,000
      5.50 Acres

      Multi-Unit Investment Opportunity

      Eleven-unit multifamily property with additional camper spots in Albertville, AL.
      149 Stone Rd, Albertville, AL 35951
      View Details
    • $1,900,000

      Spacious Multi-Purpose Commercial Properties

      Commercial properties in Albertville with high visibility and road frontage.
      9010 Us Highway 431, Albertville, AL 35951
      View Details
    • $2,099,000
      26.32 Acres

      Premier Event Venue on 26+ Acres

      Gated property ideal for weddings, events, or new ventures.
      2180 Section Line Rd, Albertville, AL 35950
      View Details
    • $2,099,000
      26.32 Acres

      Albertville Event Venue on Acreage

      Premier gated property on 26+ acres, ideal for events.
      2180 Section Line Rd, Albertville, AL 35950
      View Details
    • $357,000
      1.25 Acres

      Tenant-Occupied Duplex Near Downtown

      Duplex near downtown Albertville, tenant-occupied with leases through 2027.
      570/580 Pine St, Albertville, AL 35950
      View Details
    • $615,000
      6,000 SF

      Commercial Building with Playground Area

      6,000 SF commercial building with fenced playground in Albertville, AL.
      906 Cooley St, Albertville, AL 35950
      View Details
    • $449,500
      0.57 Acres

      Commercial Space in High-Traffic Location

      Commercial office space in Albertville with high visibility and easy access.
      8523 Us Highway 431, Albertville, AL 35950
      View Details
    • $800,000
      1.00 Acre

      Commercial Property with Living Quarters

      Shop with living space outside Albertville city limits.
      3098 Alabama Hwy 75, Albertville, AL 35951
      View Details
    • $299,900
      0.16 Acres

      Versatile Commercial Building on Highway

      Two-story commercial building with high visibility and flexible usage.
      1110 Alabama Hwy 75, Albertville, AL 35951
      View Details
    • $450,000
      0.34 Acres

      Highway 431 Commercial Property

      Commercial property on Highway 431 with office and workshop space.
      5261 Us Highway 431, Albertville, AL 35950
      View Details
    • $2,399,000
      1.37 Acres

      Highway Frontage Retail Opportunity

      Prime commercial property with high traffic and existing tenant.
      9753 Us Highway 431, Albertville, AL 35950
      View Details
    • $289,000
      0.27 Acres

      Commercial Shop on Highway 431

      2,250 sq ft commercial shop on high-traffic Highway 431.
      5915 Us Highway 431, Albertville, AL 35950
      View Details

    FAQs

    What type of property is this?
    Flex space - Commercial property featuring office space and workshop bays on Highway 431.
    Where is this flex space located?
    The property is located at 5261 Us Highway 431 Albertville, AL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - High-traffic location on Highway 431.; - 1,500 sq ft total gross space suitable for various business needs.; - Includes a bright, professional front office area and a 3-bay workshop.
    (256) 302-7722
    Request Owner's contact information
    5261 Us Highway 431 Albertville, AL 35950
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5261 Us Highway 431
    Albertville, AL 35950
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5261 Us Highway 431 Albertville, AL 35950
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jeff Overstreet
    (256) 302-7722
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.