16423 John Bauer Road Summerdale, AL 36580
Remodeled home with a 1600 sq ft metal building.
Property Features for 16423 John Bauer Road
General Information
- Standard status
- Active
- Size
- 2,443 SF
- Lot size
- 1.00 Acre
- Property subtype
- Ranch
Building Details
- Year Built
- 1952
Listing office (251) 620-4069
Listing date May 4, 2026
Source Xome
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Investment Insights
Based on property information with market context.
Key Highlights
- 1600 sq ft metal building with 2 double and 1 single garage door, electric, and lights.
- Seller offering $5,000 towards closing costs or rate buydown.
- Recently remodeled including new roof, new large back deck, remodeled baths, and new floors.
Local Financial Insights For Warehouse
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 | $19.1k | $7.80 |
| − Vacancy | −$915 | −$0.37 |
| EGI | $18.1k | $7.43 |
| − OpEx | −$2.7k | −$1.11 |
| NOI | $15.4k | $6.31 |
