1333 Gunter Ave, Guntersville, AL 35976
Recently renovated 3000 sqft retail/business space in Guntersville, AL.
- Added:
- Oct 11, 2024
- Days on Market:
- 637
- Last Refresh:
- Jun 29 at 2:30 am
Property Features for 1333 Gunter Ave
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Business Opportunity
Listing office Capstone Realty (256) 679-9435
Listing date Oct 11, 2024
Source Exprealty
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HighLights
- Prime location in the heart of Guntersville.
- Recently renovated and updated interior and exterior.
- Spacious 3000 SQFT open floorplan with flexible conversion possibilities.
- Ample storage space in the back.
- Convenient 9‑foot roll‑up door for shipping and receiving.
- New HVAC units.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.9k | $9.96 |
| − Vacancy | −$2.5k | −$0.85 |
| EGI | $27.3k | $9.11 |
| − OpEx | −$8.2k | −$2.73 |
| NOI | $19.1k | $6.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Guntersville
- County
- Marshall
- State
- Alabama
- Longitude
- -86.3026
- Latitude
- 34.3466
