Corner Commercial
For Sale
Contact for pricing
1800 Gunter Avenue, Guntersville, AL 35976
Commercially zoned corner parcel with an existing building suitable for renovation or removal.
Property Size3,700 SF
Price / SF$175.65
Days on Market173
Property Features for 1800 Gunter Avenue
General Information
Standard status
Active
Size
3,700 SF
Property subtype
Retail, Industrial, Business for Sale
Zoning
Commercial
Building Details
Buildings
2
Stories
1
Listing Agency:
Leading Edge RE Group
Listed By:
Jeri Franks · License #AL 98160
(256) 489-2602
Source:
Crexi
Added: Apr 28
Changed: Oct 3
Last Checked: Oct 16 at 6:26AM
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 Leading Edge RE Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial land offering includes an existing building on a corner parcel. The structure may be renovated or removed, providing flexibility for future site planning and redevelopment. The property carries Commercial zoning and is located at 1800 Gunter Avenue in Guntersville, Alabama.
Key Highlights
- Commercial zoning
- Corner parcel
- Existing building may be renovated or removed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,604
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,080
$472.1K
Cap Rate 7%
$337,200
$337.2K
Cap Rate 9%
$262,267
$262.3K
Market Conditions
NOI Build-Up for 3,700 SF
Gross rent
$36.9K $9.96/SF
− Vacancy
−$3.1K −$0.85/SF
EGI
$33.7K $9.11/SF
− OpEx
−$10.1K −$2.73/SF
NOI
$23.6K $6.38/SF
Area
Marshall County, AL
Vacancy
8.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,080
Cap Rate 7%
$337,200
Cap Rate 9%
$262,267
Alternative Uses
Best Use
Retail
$337.2K
$295.1K – $393.4K
NOI $23,604 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$798.6K
$698.8K – $931.7K
NOI $55,901 @ 7.0% cap · market cap 8.60%
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
558
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Shops & Services 15%
Home Improvements & Furnishings 6%
McDonald's
Dining
29,173 visits/mo
0.1 miles
Wendy's
Dining
15,696 visits/mo
0.2 miles
Taco Bell
Dining
10,738 visits/mo
0.1 miles
Burger King
Dining
9,272 visits/mo
0.1 miles
Marathon
Shops & Services
9,135 visits/mo
0.1 miles
Demographics for 35976, AL
16,787
Population
7,472
Households
2.2
Avg Household Size
47
Median Age
31%
College-Educated
88%
High-School Grad
127.6 sq mi
ZIP Area
132
Density / Sq Mi
$72,579
Median Household Income
$39,354
Median Earnings
$792
Median Rent
$254,700
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?
Commercial land - Commercially zoned corner parcel with an existing building suitable for renovation or removal.
Where is this commercial land located?
The property is located at 1800 Gunter Avenue Guntersville, AL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Commercial zoning; Corner parcel; Existing building may be renovated or removed
