Retail Property With Storage
For Sale
$525,000
16320 Silverhill Avenue, Silverhill, AL 36576
SINGLE_FAMILY - Silverhill, AL
Property Size2,574 SF
Lot Size1.40 Acres
Price / SF$203.96
Days on Market30
Property Features for 16320 Silverhill Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
Commercial
Lot features
Level
Directions
once you get into Silverhill stay on Silverhill Ave and the property is on your right heading east.
Subdivision
Baldwin
Standard status
Active
APN
47-01-11-2-000-002.000
Lot size
1.40 Acres
Taxes and HOA fees
Tax Description
180'(S) X 341' BEG AT A POINT 320' E AND 40' S OF THE NW COR OF NE1/4 OF NW1/4 SEC 11 FOR POB, TH RUN E 180', TH S 341', TH W 180', TH N 141' TO POB SEC 11-T6S-R3E (WD)
Tax Annual Amount
1451
Legal Description
180'(S) X 341' BEG AT A POINT 320' E AND 40' S OF THE NW COR OF NE1/4 OF NW1/4 SEC 11 FOR POB, TH RUN E 180', TH S 341', TH W 180', TH N 141' TO POB SEC 11-T6S-R3E (WD)
Utilities
Utilities
Cable Available
Heating system
Electric (Heating)
Building Details
Year built
1950
Floors in Building
1
Flooring type
Laminate, Wood
Roof type
Composition
Listing Agency:
Courtney and Morris Springhill
(251) 263-5150
Listed By:
Joseph M Courtney · License #143954-2
(251) 622-3590
Added: Jul 6
Changed: Aug 4
Last Checked: Aug 4 at 12:06PM
MLS# 399028
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property comprises a +/-2,574 SF commercial building on 1.4 acres, with three additional storage buildings and a pole barn. Originally constructed as a residence in 1950, the main structure has been converted for commercial use and includes laminate and wood flooring, electric heating, a composition roof, and cable availability. The configuration offers space for office, retail, or other commercial applications, subject to applicable approvals and due diligence.
The property is located at 16320 Silverhill Avenue in Silverhill, Alabama. Commercial zoning is in place, while the combination of acreage, auxiliary buildings, and the main structure provides a varied physical setup for commercial occupancy or operations.
The property is located at 16320 Silverhill Avenue in Silverhill, Alabama. Commercial zoning is in place, while the combination of acreage, auxiliary buildings, and the main structure provides a varied physical setup for commercial occupancy or operations.
Key Highlights
- +/-2,574 SF commercial property on 1.4 acres
- Three additional storage buildings included
- Pole barn provides additional covered space
Financial Insights For Office B
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 | $49.4k | $19.20 |
| − Vacancy | −$9.4k | −$3.65 |
| EGI | $40.0k | $15.55 |
| − OpEx | −$10.0k | −$3.89 |
| NOI | $30.0k | $11.66 |
2,574 SF · lease $19.20/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$428.9K
$375.3K – $500.4K
NOI $30,023 @ 7.0% cap · market cap 5.72%
Second Best
Retail
$395.7K
$346.2K – $461.6K
NOI $27,697 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$619.0K
$541.6K – $722.2K
NOI $43,330 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Explore this area
Business Placement
Demographics for 36576, AL
5,228
Population
2,183
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
19.5 sq mi
ZIP Area
268
Density / Sq Mi
$78,227
Median Household Income
$43,992
Median Earnings
$985
Median Rent
$235,600
Median Home Value
Market
Vacancy Rate% for Office 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?
Retail space - Commercial zoning and a converted layout support office, retail, and other commercial applications.
Where is this retail space located?
The property is located at 16320 Silverhill Avenue Silverhill, AL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: +/-2,574 SF commercial property on 1.4 acres; Three additional storage buildings included; Pole barn provides additional covered space
