Restaurant Building with
For Sale
Contact for pricing
1600 HUFFMAN RD, Center Point, AL 35215
Restaurant building on a 1.16-acre lot with 187 ft of frontage on Huffman Rd and 225 ft on 16th Ave NW.
Property Size4,000 SF
Lot Size1.16 Acres
Price / SF$250
Days on Market151
Property Features for 1600 HUFFMAN RD
General Information
Standard status
Active
Size
4,000 SF
Lot size
1.16 Acres
Property subtype
Retail
Zoning
C-1 Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
2006
Stories
1
Units
1
Listing Agency:
Mark Dinan Commercial & Investment Real Estate
Listed By:
Mark Dinan · License #AL 000044694
(205) 980-3434
Source:
Crexi
Added: Apr 9
Changed: Sep 4
Last Checked: Sep 1 at 12:03AM
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 Mark Dinan Commercial & Investment Real Estate
Investment Insights
Based on property information with market context.
This restaurant building offers approximately 4,000 SF of space in a structure built in 2006. The exterior features a flat-shed roof and Dryvit reinforced walls, designed for durability and a straightforward maintenance profile. The property is situated on a 1.16± acre lot with substantial street frontage on two roads.
The site includes about 187± feet of frontage on Huffman Rd and about 225± feet of frontage on 16th Ave NW, providing access and visibility at a 4-way signalized intersection.
Zoned C-1 Commercial (City of Centerpoint), the building is presented as suitable for a variety of uses, including restaurant, retail, or a bank.
The site includes about 187± feet of frontage on Huffman Rd and about 225± feet of frontage on 16th Ave NW, providing access and visibility at a 4-way signalized intersection.
Zoned C-1 Commercial (City of Centerpoint), the building is presented as suitable for a variety of uses, including restaurant, retail, or a bank.
Key Highlights
- 4,000 ± SF restaurant building built in 2006 on a 1.16 ± acre lot
- 187 ± ft frontage on Huffman Rd and 225 ± ft frontage on 16th Ave NW
- Flat‑shed roof and Dryvit reinforced walls
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,851
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,197,020
$1.2M
Cap Rate 7%
$855,014
$855.0K
Cap Rate 9%
$665,011
$665.0K
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$83.0K $20.76/SF
− Vacancy
−$3.2K −$0.81/SF
EGI
$79.8K $19.95/SF
− OpEx
−$20.0K −$4.99/SF
NOI
$59.9K $14.96/SF
Area
Jefferson County, AL
Vacancy
3.90%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,197,020
Cap Rate 7%
$855,014
Cap Rate 9%
$665,011
Alternative Uses
Best Use
Specialty Retail
$855.0K
$748.1K – $997.5K
NOI $59,851 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M
NOI $96,326 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35215, AL
46,772
Population
19,718
Households
2.4
Avg Household Size
34
Median Age
18%
College-Educated
88%
High-School Grad
28.3 sq mi
ZIP Area
1,653
Density / Sq Mi
$51,854
Median Household Income
$32,323
Median Earnings
$1,080
Median Rent
$146,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building on a 1.16-acre lot with 187 ft of frontage on Huffman Rd and 225 ft on 16th Ave NW.
Where is this conventional restaurant located?
The property is located at 1600 HUFFMAN RD Center Point, AL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 4,000 ± SF restaurant building built in 2006 on a 1.16 ± acre lot; 187 ± ft frontage on Huffman Rd and 225 ± ft frontage on 16th Ave NW; Flat‑shed roof and Dryvit reinforced walls
