Storefront with Exposed
1322 GUNTER AVENUE, Guntersville, AL 35976
For Sale
$284,000
Commercial Sale, GUNTERSVILLE, AL
Property Size2,400 SF
Lot Size0.08 Acres
Price / SF$118.33
Days on Market214
Property Features for 1322 GUNTER AVENUE
General Information
Property type
Property subtype
Zoning
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Floors in Building
Flooring type
Listing Agency:
South Towne Realtors, LLC
(256) 582-6900
Listed By:
Trenten Hammond · License AL #126012
(256) 841-5982
Added: Apr 12
Changed: Oct 29
Last Checked: Nov 11 at 1:06PM
MLS# 21914976
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Investment Insights
Based on property information with market context.
At 1322 Gunter Avenue, this 2,400-square-foot storefront occupies a 0.08-acre parcel in Guntersville. Exposed brick walls and concrete flooring define the interior, while central heating and central air serve the space. Public water is available.
Recent work includes updated electrical and plumbing systems, a new HVAC unit, and ductwork. The property is zoned Residential. Retail, office, restaurant, or other commercial concepts are identified as possible uses in the property information.
Recent work includes updated electrical and plumbing systems, a new HVAC unit, and ductwork. The property is zoned Residential. Retail, office, restaurant, or other commercial concepts are identified as possible uses in the property information.
Key Highlights
- 2,400‑square‑foot building on a 0.08‑acre parcel
- Exposed brick walls and concrete flooring
- Updated electrical and plumbing, plus a new HVAC unit and ductwork
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,311
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,220
$306.2K
Cap Rate 7%
$218,729
$218.7K
Cap Rate 9%
$170,122
$170.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$23.9K $9.96/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$21.9K $9.11/SF
− OpEx
−$6.6K −$2.73/SF
NOI
$15.3K $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%
$306,220
Cap Rate 7%
$218,729
Cap Rate 9%
$170,122
Alternative Uses
Best Use
Office B
$386.5K
$338.2K – $450.9K
NOI $27,054 @ 7.0% cap · market cap 9.53%
Second Best
Retail
$218.7K
$191.4K – $255.2K
NOI $15,311 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$518.0K
$453.3K – $604.3K
NOI $36,260 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
$254,700
Median Home Value
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Market
Average Price Trend$/SF for Storefront properties in Marshall County, AL
Properties on Market for Storefront properties in Marshall County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Little Blue Birds Flowers — 1001 Blount Ave, Guntersville, AL 35976
Frequently Asked Questions
What type of property is this?
Storefront property - Recent electrical, plumbing, and HVAC updates support a range of commercial concepts in a compact storefront.
Where is this storefront property located?
The property is located at 1322 GUNTER AVENUE Guntersville, AL.
What is the asking price?
The asking price for this property is $284,000.
What are key features of this property?
This property features: 2,400‑square‑foot building on a 0.08‑acre parcel; Exposed brick walls and concrete flooring; Updated electrical and plumbing, plus a new HVAC unit and ductwork
