Office Building with Highway
For Sale
$499,900
12221 US Highway 431, Guntersville, AL 35976
Business Opportunity, Guntersville, AL
Property Size1,582 SF
Lot Size0.34 Acres
Price / SF$315.99
Days on Market94
Property Features for 12221 US Highway 431
General Information
Property type
Residential
Property subtype
Office
Zoning description
Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Driveway, Gated, Parking Lot
Subdivision
Metes And Bounds
Lot features
High Visibility
Directions
From Us Highway 431 South, Property Is Located On The Right Directly Across 431 From The Marshall County School Board.
Standard status
Active
APN
1507260004014.000
Size
1,582 SF
Lot size
0.34 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Vinyl
Roof type
Shingle
Listing Agency:
South Towne Realtors, LLC
(256) 582-6900
Listed By:
Trenten Hammond · License #126012
(256) 841-5982
Added: Jun 15
Changed: Sep 15
Last Checked: Sep 16 at 4:06AM
MLS# 21920804
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 office building contains 1,582+/- square feet on approximately 0.34 acres, with three bathrooms and vinyl flooring. Central heating and central air serve the interior, while the property also includes a shingle roof, gated parking, and a driveway.
The property fronts US Highway 431 in Guntersville and sits across from the Marshall County Board of Education. Public water and public sewer serve the site, supporting its established commercial setting and office-oriented use.
The property fronts US Highway 431 in Guntersville and sits across from the Marshall County Board of Education. Public water and public sewer serve the site, supporting its established commercial setting and office-oriented use.
Key Highlights
- 1,582+/- square feet on approximately 0.34 acres
- Frontage on US Highway 431 in Guntersville
- Across from the Marshall County Board of Education
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
$17,833
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
3.57%
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%
$356,660
$356.7K
Cap Rate 7%
$254,757
$254.8K
Cap Rate 9%
$198,144
$198.1K
Market Conditions
NOI Build-Up for 1,582 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
$28.5K $18.00/SF
− Vacancy
−$4.7K −$2.97/SF
EGI
$23.8K $15.03/SF
− OpEx
−$5.9K −$3.76/SF
NOI
$17.8K $11.27/SF
Area
Marshall County, AL
Vacancy
16.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
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%
$356,660
Cap Rate 7%
$254,757
Cap Rate 9%
$198,144
Alternative Uses
Best Use
Office B
$254.8K
$222.9K – $297.2K
NOI $17,833 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$341.5K
$298.8K – $398.4K
NOI $23,902 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
Business Placement
Demographics for 35976, AL
16,787
Population
7,472
Households
2.2
Avg Household Size
47
Median Age
31%
College-Educated
88%
High-School Grad
127.6 sq mi
ZIP Area
132
Density / Sq Mi
$72,579
Median Household Income
$39,354
Median Earnings
$792
Median Rent
$254,700
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?
Office building - Located across from the Marshall County Board of Education with central HVAC and on-site parking.
Where is this office building located?
The property is located at 12221 US Highway 431 Guntersville, AL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1,582+/- square feet on approximately 0.34 acres; Frontage on US Highway 431 in Guntersville; Across from the Marshall County Board of Education
