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Retail Space with Roll-Up Door
New
For Sale
$319,900

1333 Gunter Avenue, Guntersville, AL 35976

Business Opportunity, Guntersville, AL

Property Size3,000 SF
Price / SF$106.63
Days on Market2

Property Features for 1333 Gunter Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business, Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Exterior features Sidewalks, Curb/Gutters, Lighting
Subdivision Wyeth City
Directions Hwy 431 North/Gunter Ave Across The Street From Weathers Furniture
Standard status Active
Size 3,000 SF

Utilities

Sewer type Public Sewer
Water source Public

Amenities

storage space
9 foot roll up door
new HVAC units

Building Details

Floors in Building 1
Flooring type Wood, Concrete
Listing Agency: Capstone Realty
Listed By: Paul Schipansky · License #85493
Added: Oct 13 Changed: Oct 14 Last Checked: Oct 14 at 4:06AM
MLS# 21872970

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Investment Insights

Based on property information with market context.

This 3,000-square-foot retail space at 1333 Gunter Avenue has an open floor plan, rear storage, and a 9-foot roll-up door. Recent interior and exterior updates and new HVAC units are in place. Concrete and wood flooring and two bathrooms are also included.

The property is in Guntersville, Alabama, with public water and sewer service. Exterior features include sidewalks, curb and gutters, and lighting.

Key Highlights

  • 3,000‑square‑foot retail space
  • 9‑foot roll‑up door and substantial rear storage
  • Recently updated inside and out, with new HVAC units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,138
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,760 $382.8K
Cap Rate 7%
$273,400 $273.4K
Cap Rate 9%
$212,644 $212.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$29.9K $9.96/SF
− Vacancy
−$2.5K −$0.85/SF
EGI
$27.3K $9.11/SF
− OpEx
−$8.2K −$2.73/SF
NOI
$19.1K $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%
$382,760
Cap Rate 7%
$273,400
Cap Rate 9%
$212,644

Alternative Uses

Best Use
Retail
$273.4K
$239.2K – $319.0K (±1% cap)
NOI $19,138 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$647.5K
$566.6K – $755.4K (±1% cap)
NOI $45,325 @ 7.0% cap · market cap 14.17%
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 Grocery & Convenience Store Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Catering Service

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

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby
45k
Monthly Visits Nearby

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
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Rear storage and an overhead door provide practical support for receiving and shipping.
Where is this retail space located?
The property is located at 1333 Gunter Avenue Guntersville, AL.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 3,000‑square‑foot retail space; 9‑foot roll‑up door and substantial rear storage; Recently updated inside and out, with new HVAC units
More about this property
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