Retail Space Available For
1731 9th Ave N Bessemer, AL 35020
1731 9th Ave N, Bessemer, AL, 35020
Contact for pricing
For Sale
Contact for pricing
Retail space for sale with a 7.60% CAP rate.
Property Size3,000 SF
Price / SF$381.03
Days on Market122
Property Features for 1731 9th Ave N
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Listing Agency
Tri-Oak Consulting Group
Listed by
Gregory Fitzgerald · License #297753
Source
Crexi
Added: Mar 17 Checked: Jul 16 at 4:32 am
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 Tri-Oak Consulting Group
Investment Insights
Based on property information with market context.
This retail space, encompassing 3,000 square feet, is available for sale and offers a 7.60% CAP rate. The property is located at 1731 9th Ave N, Bessemer, AL 35020.
Key Highlights
- 7.60% CAP Rate
- Retail Property
- 3,000 SqFt
Local Financial Insights For Retail
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 | $62.3k | $20.76 |
| − Vacancy | −$2.4k | −$0.81 |
| EGI | $59.9k | $19.95 |
| − OpEx | −$18.0k | −$5.99 |
| NOI | $41.9k | $13.97 |
3,000 SF · lease $20.76/SF/yr · vacancy 3.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$598.5K
$523.7K – $698.3K
NOI $41,896 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$903.1K – $1.20M
NOI $72,244 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
T-Mobile
Mobile Phone Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space for sale with a 7.60% CAP rate.
Where is this retail space located?
The property is located at 1731 9th Ave N Bessemer, AL.
What is the asking price?
The asking price for this property is $1,143,097.
What are key features of this property?
This property features: 7.60% CAP Rate; Retail Property; 3,000 SqFt
