Flex Space with Shop
New
For Sale
$199,900
15547 Brownsferry Road, Athens, AL 35611
Business Opportunity, Athens, AL
Property Size3,100 SF
Lot Size0.50 Acres
Price / SF$64.48
Days on Market4
Property Features for 15547 Brownsferry Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Unzoned
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Driveway
Directions
From Hwy 72 In Athens Head West And Turn Left Onto Brownsferry Road. In 4 Miles The Building Is On The Right
Standard status
Active
APN
11 07 26 0 000 013.002
Size
3,100 SF
Lot size
0.50 Acres
Additional Details
Real Estate Included
Yes
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
roll-up garage doors
office spaces
bathrooms
Building Details
Year built
1998
Floors in Building
1
Flooring type
Vinyl, Concrete, Carpet
Roof type
Shingle
Listing Agency:
Innovative Realty Solutions
(256) 230-5950
Listed By:
Vance Dutton · License #128312
(256) 614-5308
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 1:06AM
MLS# 21932672
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.
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Investment Insights
Based on property information with market context.
This 3,100-square-foot flex property includes two shop areas measuring 37 by 30 feet each, with roll-up garage doors. Separate office space and bathrooms provide additional interior work areas. The building was constructed in 1998 and sits on a 0.5-acre parcel. Interior finishes include concrete, carpet, and vinyl flooring, with central heating and air conditioning.
The property is in the county outside city zoning restrictions, with access to I-65. Buc-ee’s is approximately 15 minutes away. Public water and a septic system serve the site.
The property is in the county outside city zoning restrictions, with access to I-65. Buc-ee’s is approximately 15 minutes away. Public water and a septic system serve the site.
Key Highlights
- 3,100‑square‑foot building on a 0.5‑acre parcel
- Two shop areas, each 37' x 30', with roll‑up garage doors
- Separate office areas and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,587
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,740
$311.7K
Cap Rate 7%
$222,671
$222.7K
Cap Rate 9%
$173,189
$173.2K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$19.3K $6.24/SF
− Vacancy
−$1.0K −$0.32/SF
EGI
$18.3K $5.92/SF
− OpEx
−$2.8K −$0.89/SF
NOI
$15.6K $5.03/SF
Area
Limestone County, AL
Vacancy
5.20%
Lease Rate
$6.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,740
Cap Rate 7%
$222,671
Cap Rate 9%
$173,189
Alternative Uses
Best Use
Retail
$541.3K
$473.6K – $631.5K
NOI $37,888 @ 7.0% cap · market cap 18.95%
Second Best
Flex RnD
$476.7K
$417.1K – $556.1K
NOI $33,368 @ 7.0% cap · market cap 16.69%
Theoretical Best
Office A
$807.2K
$706.3K – $941.8K
NOI $56,507 @ 7.0% cap · market cap 28.27%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35611, AL
27,168
Population
13,709
Households
2
Avg Household Size
41
Median Age
22%
College-Educated
81%
High-School Grad
115.1 sq mi
ZIP Area
236
Density / Sq Mi
$54,606
Median Household Income
$38,872
Median Earnings
$796
Median Rent
$201,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The layout combines shop areas with separate offices and bathrooms.
Where is this flex space located?
The property is located at 15547 Brownsferry Road Athens, AL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 3,100‑square‑foot building on a 0.5‑acre parcel; Two shop areas, each 37' x 30', with roll‑up garage doors; Separate office areas and bathrooms
