1526 Gault Avenue N, Fort Payne, AL 35967
COMMERCIAL - Fort Payne, AL
- Added:
- May 26, 2026
- Days on Market:
- 34
- Last Refresh:
- Jun 28 at 7:06 am
Property Features for 1526 Gault Avenue N
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1, Basement
- Parking features
- Parking Lot
- Window features
- Display Window(s)
- Standard status
- Active
- APN
- 2303054002067000
- Size
- 2,496 SF
- Lot size
- 0.21 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1951
- Floors in Building
- 1
- Flooring type
- Vinyl, Tile
- Roof type
- Shingle, Metal
Listing agent Angela Wilson License #48159 (256) 630-1695
Listing office Re/Max Property Center 903 Grand Avenue SW, Ft. Payne, AL (256) 997-9400
Listing date May 26, 2026
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2,496 sq. ft. commercial building with road frontage on 2 sides on Gault Avenue N
- New roof and HVAC reported
- Includes spacious basement plus deck and walkway
- Public utilities: public water and public sewer
- Central heating and central air cooling
- Flooring includes vinyl and tile; parking lot on site
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 | $24.0k | $9.60 |
| − Vacancy | −$2.4k | −$0.96 |
| EGI | $21.6k | $8.64 |
| − OpEx | −$6.5k | −$2.59 |
| NOI | $15.1k | $6.05 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Traci's — 2103 Gault Ave N, Fort Payne, AL 35967
- Tiger Lily — 232 Gault Ave N, Fort Payne, AL 35967
Location Insight
- Map
- Local Demand
- City
- Fort Payne
- County
- DeKalb
- State
- Alabama
- Longitude
- -85.710112
- Latitude
- 34.455349
