Retail Building with Rear
124 Brindlee Mountain Parkway Arab, AL 35016
124 Brindlee Mountain Parkway, Arab, AL, 35016
$6,250,000
For Sale
$6,250,000
SINGLE_FAMILY - Arab, AL
Property Size56,500 SF
Lot Size1.55 Acres
Price / SF$110.62
Days on Market17
Property Features for 124 Brindlee Mountain Parkway
General Information
- Property type
- Residential
- Property subtype
- Retail
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
- Parking features
- Parking Lot
- Interior features
- Elevator
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 1306234003032000
- Size
- 56,500 SF
- Lot size
- 1.55 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Flooring type
- Concrete
- Roof type
- Metal
Listing Agency
Russ Russell Real Estate
(256) 536-7777
923-C Merchants Walk, Huntsville, AL
Listed by
Russ Russell · License #25965
(256) 527-7777
Added: Jun 30 Checked: Jul 16 at 10:06 pm
MLS# 21903283
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 for-sale retail building includes two floors of open area space, providing a large, flexible footprint for a retail business. In addition to the main retail area, the property features an extra 12,500 square-foot warehouse located at the rear of the building, supporting storage or back-of-house needs.
The building is situated on a 1.55-acre lot at 124 Brindlee Mountain Parkway in Arab, Alabama (35016) within Marshall County. The combination of a larger retail presence and a separate rear warehouse can be useful for tenants that need both customer-facing space and operational space.
For tenants and buyers evaluating space planning, the two-story open configuration can accommodate a range of retail layouts, while the warehouse component may support fulfillment, inventory storage, or other industrial-adjacent requirements. The property may also be considered for office conversion given the open-area character of the main floors and the availability of dedicated warehouse space behind the building.
The building is situated on a 1.55-acre lot at 124 Brindlee Mountain Parkway in Arab, Alabama (35016) within Marshall County. The combination of a larger retail presence and a separate rear warehouse can be useful for tenants that need both customer-facing space and operational space.
For tenants and buyers evaluating space planning, the two-story open configuration can accommodate a range of retail layouts, while the warehouse component may support fulfillment, inventory storage, or other industrial-adjacent requirements. The property may also be considered for office conversion given the open-area character of the main floors and the availability of dedicated warehouse space behind the building.
Key Highlights
- 44,000 SF retail building in Arab, AL with 2 floors of open area space
- Additional 12,500 SF warehouse at the rear of the building
- Accessible features include an installed accessible elevator
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 | $562.7k | $9.96 |
| − Vacancy | −$47.8k | −$0.85 |
| EGI | $514.9k | $9.11 |
| − OpEx | −$154.5k | −$2.73 |
| NOI | $360.4k | $6.38 |
56,500 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.15M
$4.51M – $6.01M
NOI $360,435 @ 7.0% cap · market cap 5.77%
Second Best
Flex RnD
$4.63M
$4.05M – $5.41M
NOI $324,355 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$12.19M
$10.67M – $14.23M
NOI $853,629 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Black's Old & New ...
Home Decor Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two-story open retail space plus a rear warehouse offers flexible options for retail operations or conversion to office use.
Where is this flex 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 $6,250,000.
What are key features of this property?
This property features: 44,000 SF retail building in Arab, AL with 2 floors of open area space; Additional 12,500 SF warehouse at the rear of the building; Accessible features include an installed accessible elevator
