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    Private Lower-Level Office Suite Title is generated by Realmo AI

    1283 Hwy 72, Killen, AL 35634

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    For Lease
    $1,000/Mo $5 SF/Yr (calc)

    COMMERCIAL - Killen, AL

    Property size:
    2,400 SF
    Lot size:
    0.19 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 9:06 pm

    Property Features for 1283 Hwy 72

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    1
    Size
    2,400 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Description
    140 X 70.46 IRR .18 AC/C TRIANGULAR SD PT OF LOT 1 BEG 75S S & 135S W OF NE COR OF NW/4 OF NW/4 OF SEC 25 T2S R10W THEN SE 70

    Utilities

    Sewer type
    Septic Tank

    Building Details

    Year built
    1992

    We can help!

    Listing Contact
    Brianna Gardner De Beville
    Brianna Gardner De Beville

    Listing agent Brianna Gardner De Beville License #000108682

    Listing office Singing River Realty 1403 Huntsville Rd Suite 3, FLORENCE, AL

    Listing date Jun 2, 2026

    MLS# 529269

    Copyright © 2026 Strategic MLS Alliance, INC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2,300 SF private lower‑level commercial suite beneath an established spa
    • Private exterior entrance with a full bathroom
    • Flexible open layout with ample storage potential
    • Two garage bays included
    • Septic tank sewer service
    • Available immediately with flexible lease terms; longer‑term preferred

    Overview

    A private lower-level commercial suite is available beneath an established spa. The space offers a flexible open layout with a full bathroom, and it is designed for tenants who need a quiet, professional setting. In addition to the interior space, the suite includes a private exterior entrance and two garage bays, along with ample storage potential to support everyday operations.

    The property is located at 1283 Hwy 72 in Killen, Alabama, and the suite is configured as a dedicated space under the spa located above. Access is handled via the private exterior entrance, helping keep tenant operations separate from the spa environment.

    This suite is best suited for therapy and counseling offices, wellness practitioners, or professional services such as consulting, insurance, law, or accounting. It may also work for Pilates/Yoga-oriented uses or physical therapy, as the environment is intended to be compatible with the spa’s setting above. Tenants should note that the space is not a fit for gyms, loud fitness concepts, restaurants, auto-related businesses, or any use involving strong odors, excessive noise, or walk-in traffic. Availability is immediate, and lease terms are flexible with longer-term preferred.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Killen
    County
    Lauderdale
    State
    Alabama
    Longitude
    -87.5473388
    Latitude
    34.8570774

    FAQs

    What type of property is this?
    Office units - Private lower-level suite with separate exterior entry and full bath, ideal for quiet professional or wellness services.
    Where is this office units located?
    The property is located at 1283 Hwy 72 Killen, AL.
    What is the lease rate?
    The lease rate is $1,000 /Mo.
    What are key features of this property?
    This property features: 2,300 SF private lower‑level commercial suite beneath an established spa; Private exterior entrance with a full bathroom; Flexible open layout with ample storage potential
    (256) 810-2016
    We can help!
    Listing Contact
    Brianna Gardner De Beville
    Brianna Gardner De Beville
    Real Estate License ID: 000108682
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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