Remodeled Mixed-Use
For Sale
$524,900
12475 Highway 431 S, Boaz, AL 35956
The updated building accommodates retail, office, warehouse, and light industrial operations.
Property Size6,800 SF
Lot Size5.00 Acres
Price / SF$77.19
Days on Market172
Property Features for 12475 Highway 431 S
General Information
Standard status
Active
Size
6,800 SF
Lot size
5.00 Acres
Property subtype
COMMERCIAL
Building Details
Building Size
6,800 SF
Year Built
1980
Buildings
1
Listing Agency:
Impact Realty, LLC
Listed By:
Hollie Bobo · License #124569
(256) 302-4557
Source:
Intownpartners
Added: May 11
Changed: Oct 27
Last Checked: Oct 27 at 3:15AM
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 Impact Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set on 5 acres, the property includes a 6,800-square-foot building constructed in 1980. Remodeling has updated the interior and exterior, and the space is described for retail, office, warehouse, light industrial, or mixed-use operations.
The site is at 12475 Highway 431 S in Boaz, Alabama. The acreage also provides room for parking, storage, expansion, or future development.
The site is at 12475 Highway 431 S in Boaz, Alabama. The acreage also provides room for parking, storage, expansion, or future development.
Key Highlights
- 6,800‑square‑foot building on 5 acres
- Interior and exterior remodeling completed
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,097
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,940
$761.9K
Cap Rate 7%
$544,243
$544.2K
Cap Rate 9%
$423,300
$423.3K
Market Conditions
NOI Build-Up for 6,800 SF
Gross rent
$67.7K $9.96/SF
− Vacancy
−$6.8K −$1.00/SF
EGI
$61.0K $8.96/SF
− OpEx
−$22.9K −$3.36/SF
NOI
$38.1K $5.60/SF
Area
Marshall County, AL
Vacancy
10.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,940
Cap Rate 7%
$544,243
Cap Rate 9%
$423,300
Alternative Uses
Best Use
Mixed Use
$544.2K
$476.2K – $635.0K
NOI $38,097 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,738 @ 7.0% cap · market cap 19.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 35956, AL
9,109
Population
3,892
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
87%
High-School Grad
74.3 sq mi
ZIP Area
123
Density / Sq Mi
$57,598
Median Household Income
$36,569
Median Earnings
$816
Median Rent
$170,900
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - The updated building accommodates retail, office, warehouse, and light industrial operations.
Where is this mixed-use property located?
The property is located at 12475 Highway 431 S Boaz, AL.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: 6,800‑square‑foot building on 5 acres; Interior and exterior remodeling completed; Built in 1980
