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

1333 Gunter Avenue, Guntersville, AL 35976

An open interior, rear storage, and new HVAC support a range of retail and business configurations.

Property Size3,000 SF
Price / SF$106.63
Days on Market749

Property Features for 1333 Gunter Avenue

General Information

Standard status Active
Size 3,000 SF
Property subtype COMMERCIAL

Building Details

Building Size 3,000 SF
Listing Agency: Capstone Realty
Listed By: Paul Schipansky · License #85493
Source: Intownpartners
Added: Oct 11, 2024 Changed: Oct 27 Last Checked: Oct 26 at 3:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capstone Realty

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Investment Insights

Based on property information with market context.

This 3,000-square-foot retail space in Guntersville has an open floorplan and was recently renovated inside and out. Rear storage, a 9-foot roll-up door, and new HVAC units are among its existing features. The roll-up door provides a point of access for shipping and receiving.

Key Highlights

  • 3,000‑square‑foot retail space with an open floorplan
  • Recently renovated inside and out
  • Rear storage area

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

Who owns this building? See the owner, sales and loan history
Open Analytics

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

Frequently Asked Questions

What type of property is this?
Retail space - An open interior, rear storage, and new HVAC support a range of retail and business configurations.
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 with an open floorplan; Recently renovated inside and out; Rear storage area
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