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Two-Story Retail Space
For Sale
$349,000

12761 US Highway 431, Guntersville, AL 35976

Business Opportunity, Guntersville, AL

Property Size2,304 SF
Lot Size0.32 Acres
Price / SF$151.48
Days on Market92

Property Features for 12761 US Highway 431

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features Parking Lot, Driveway
Lot features High Visibility
Directions On Hwy 431 Across From Rice Mini Storage And Julias Mexican Restaurant. Beside Lake Guntersville Pool & Spa.
Standard status Active
APN 1507260004006002
Size 2,304 SF
Lot size 0.32 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1978
Floors in Building 2
Flooring type Wood
Roof type Metal
Listing Agency: Taylor Re Solutions Series
Listed By: Sam Duffey · License #166866
Added: Jul 14 Changed: Sep 17 Last Checked: Oct 13 at 6:06AM
MLS# 21923756

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Investment Insights

Based on property information with market context.

This two-story retail property contains approximately 2,304 square feet, with about 1,000 square feet on each level. The building dates to 1978 and includes two bathrooms, wood flooring, central air, natural gas heat, a metal roof, public water, and public sewer. On-site parking is provided through a parking lot and driveway.

The property fronts US Highway 431 in Guntersville, along the commercial corridor connecting Guntersville and Albertville. A new Target development is approximately one-half mile south. The 0.32-acre site and two-level layout support the retail, office, showroom, boutique-service, specialty-retail, and owner-user configurations identified for the property.

Key Highlights

  • Approximately 2,304 SF of building area
  • About 1,000 SF on each of two levels
  • 0.32+- acre site with frontage along US Highway 431

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,698
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,960 $294.0K
Cap Rate 7%
$209,971 $210.0K
Cap Rate 9%
$163,311 $163.3K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$22.9K $9.96/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$21.0K $9.11/SF
− OpEx
−$6.3K −$2.73/SF
NOI
$14.7K $6.38/SF
Area
Marshall County, AL
Vacancy
8.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,960
Cap Rate 7%
$209,971
Cap Rate 9%
$163,311

Alternative Uses

Best Use
Retail
$210.0K
$183.7K – $245.0K (±1% cap)
NOI $14,698 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$497.3K
$435.1K – $580.2K (±1% cap)
NOI $34,810 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Building Supply Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
11,087 visits/mo 0.2 miles
Sunoco Shops & Services
4,008 visits/mo 0.2 miles
H&R Block Shops & Services
936 visits/mo 0.2 miles

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial building with wood flooring, central air, and flexible retail, office, showroom, and specialty-service use potential.
Where is this retail space located?
The property is located at 12761 US Highway 431 Guntersville, AL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Approximately 2,304 SF of building area; About 1,000 SF on each of two levels; 0.32+- acre site with frontage along US Highway 431
More about this property
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