Remodeled Home with Large Metal
16423 John Bauer Road Summerdale, AL 36580
16423 John Bauer Road, Summerdale, AL, 36580
$390,000
For Sale
$390,000
Remodeled home with a 1600 sq ft metal building.
Property Size2,443 SF
Lot Size1.00 Acre
Price / SF$159.64
Days on Market75
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 Agency
(251) 620-4069
Listed by
World Impact Real Estate
(251) 233-7462
Source
Xome
Added: May 4 Checked: Jul 15 at 11:12 pm
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 World Impact Real Estate
Investment Insights
Based on property information with market context.
This remodeled home features a large second bedroom, a hobby room, a living room, and a big family room. Recent upgrades include a new roof, a new large back deck, and remodeled bathrooms, along with new floors. The property includes a 1600 square foot metal building equipped with electric and lights, featuring two double garage doors and one single garage door. Situated on over an acre, the fenced property offers privacy and ample space. Seller is offering 5,000 towards closing costs or rate buy down with acceptable offer. The property size is 2443 square feet.
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 |
2,443 SF · lease $7.80/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$220.3K
$192.8K – $257.0K
NOI $15,420 @ 7.0% cap · market cap 3.95%
Second Best
Industrial
$172.3K
$150.8K – $201.0K
NOI $12,062 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$587.5K
$514.1K – $685.4K
NOI $41,124 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ranches
Similar For Sale Nearby
FAQs
What type of property is this?
Ranch - Remodeled home with a 1600 sq ft metal building.
Where is this ranch located?
The property is located at 16423 John Bauer Road Summerdale, AL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 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.**
