Retail Building with Warehouse
For Sale
$6,300,000
124 Brindlee Mountain Parkway, Arab, AL 35016
Two-story retail building with additional warehouse space for sale.
Property Size44,000 SF
Price / SF$143.18
Days on Market265
Property Features for 124 Brindlee Mountain Parkway
General Information
Standard status
Active
Size
44,000 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1979
Listing Agency:
Russ Russell Real Estate
(256) 527-7777
Listed By:
Russ Russell · License #25965
(256) 527-7777
Source:
Exitrealty
Added: Nov 7, 2025
Changed: Jul 10
Last Checked: Jul 15 at 10:24PM
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 Russ Russell Real Estate
Investment Insights
Based on property information with market context.
A 44,000 square foot retail building is available for sale. The building features two floors of open area space, suitable for a large retail business. The space could also be converted to office use. An additional 12,500 square foot warehouse is located at the rear of the building.
Key Highlights
- 44,000 sf retail building
- Additional 12,500 sf warehouse provides ample storage or expansion possibilities.
- Two floors of open area space offer flexible layout options.
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 | $438.2k | $9.96 |
| − Vacancy | −$37.3k | −$0.85 |
| EGI | $401.0k | $9.11 |
| − OpEx | −$120.3k | −$2.73 |
| NOI | $280.7k | $6.38 |
44,000 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.01M
$3.51M – $4.68M
NOI $280,693 @ 7.0% cap · market cap 4.46%
Second Best
Warehouse
$2.71M
$2.37M – $3.16M
NOI $189,842 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$9.50M
$8.31M – $11.08M
NOI $664,773 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
Explore this area
Business Placement
Demographics for 35016, AL
17,495
Population
7,372
Households
2.4
Avg Household Size
42
Median Age
22%
College-Educated
89%
High-School Grad
79.0 sq mi
ZIP Area
221
Density / Sq Mi
$60,910
Median Household Income
$36,939
Median Earnings
$758
Median Rent
$192,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Two-story retail building with additional warehouse space for sale.
Where is this retail space located?
The property is located at 124 Brindlee Mountain Parkway Arab, AL.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: 44,000 sf retail building; Additional 12,500 sf warehouse provides ample storage or expansion possibilities.; Two floors of open area space offer flexible layout options.
