Exposed-Brick
For Sale
$289,000
1322 Gunter Avenue, Guntersville, AL 35976
Business Opportunity, Guntersville, AL
Property Size2,400 SF
Lot Size0.08 Acres
Price / SF$120.42
Days on Market144
Property Features for 1322 Gunter Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning description
Commercial
Subdivision
Wyeth City
Directions
When Traveling On Highway 431 South (Gunter Avenue) Through Guntersville, You Will Pass Lust Street, Then You Will Pass Loveless Street, You Will Pass Gilbreath Street, Building Is Located On The Right.
Standard status
Active
APN
1502104001071.000
Size
2,400 SF
Lot size
0.08 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Listing Agency:
South Towne Realtors, LLC
(256) 582-6900
Listed By:
Trenten Hammond · License #126012
(256) 841-5982
Added: Apr 13
Changed: Aug 20
Last Checked: Sep 3 at 3:06AM
MLS# 21914976
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Investment Insights
Based on property information with market context.
This 2,400-square-foot storefront at 1322 Gunter Avenue provides an adaptable commercial interior with exposed brick walls and concrete flooring. Electrical and plumbing systems have been updated, along with the HVAC equipment and ductwork. The layout is presented as suitable for retail, office, restaurant, or another commercial concept.
The property occupies 0.08 acres in Guntersville, Alabama, within Marshall County. Central heating and central air serve the building, while public water and public sewer are available. The combination of an existing commercial structure, refreshed building systems, and a character-rich interior creates a practical starting point for an owner-user or business operator.
The property occupies 0.08 acres in Guntersville, Alabama, within Marshall County. Central heating and central air serve the building, while public water and public sewer are available. The combination of an existing commercial structure, refreshed building systems, and a character-rich interior creates a practical starting point for an owner-user or business operator.
Key Highlights
- 2,400‑square‑foot storefront building
- Updated electrical, plumbing, HVAC unit, and ductwork
- Exposed brick walls and concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,311
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$306,220
Cap Rate 7%
$218,729
Cap Rate 9%
$170,122
Alternative Uses
Best Use
Retail
$218.7K
$191.4K – $255.2K
NOI $15,311 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$518.0K
$453.3K – $604.3K
NOI $36,260 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
45k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 37%
Home Improvements & Furnishings 14%
Wendy's
Dining
15,696 visits/mo
0.5 miles
Lake Guntersville Ace Hardware, Llc
Home Improvements & Furnishings
6,399 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
6,317 visits/mo
0.4 miles
Dollar General
Shops & Services
5,067 visits/mo
0.2 miles
KFC
Dining
4,676 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Updated commercial space with central HVAC, concrete flooring, and public water and sewer service.
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 $289,000.
What are key features of this property?
This property features: 2,400‑square‑foot storefront building; Updated electrical, plumbing, HVAC unit, and ductwork; Exposed brick walls and concrete flooring
