Retail Space Available For
For Sale
Contact for pricing
1731 9th Ave N, Bessemer, AL 35020
Retail space for sale with a 7.60% CAP rate.
Property Size3,000 SF
Price / SF$381.03
Days on Market213
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Property Features for 1731 9th Ave N
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$88,590
Building Details
Year Built
2015
Tenancy
Single
Listing Agency:
Tri-Oak Consulting Group
Listed By:
Gregory Fitzgerald · License #297753
Source:
Crexi
Added: Mar 17
Changed: Oct 6
Last Checked: Oct 14 at 8:26PM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,896
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,920
$837.9K
Cap Rate 7%
$598,514
$598.5K
Cap Rate 9%
$465,511
$465.5K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$62.3K $20.76/SF
− Vacancy
−$2.4K −$0.81/SF
EGI
$59.9K $19.95/SF
− OpEx
−$18.0K −$5.99/SF
NOI
$41.9K $13.97/SF
Area
Jefferson County, AL
Vacancy
3.90%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,920
Cap Rate 7%
$598,514
Cap Rate 9%
$465,511
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
Explore this area
Business Placement
Demographics for 35020, AL
24,213
Population
12,327
Households
2
Avg Household Size
40
Median Age
10%
College-Educated
82%
High-School Grad
16.6 sq mi
ZIP Area
1,459
Density / Sq Mi
$33,247
Median Household Income
$27,762
Median Earnings
$856
Median Rent
$90,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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
