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Three-Unit Storefront Property
For Sale
$325,000

1816 Co Rd 1354, Vinemont, AL 35179

Commercial Sale, Vinemont, AL

Property Size3,720 SF
Lot Size1.70 Acres
Price / SF$87.37
Days on Market145

Property Features for 1816 Co Rd 1354

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Half bathrooms 1
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Elementary school Vinemont
Middle school Vinemont Middle
High school Vinemont
Directions Hwy 31 N, Go past skating center on L in Vinemont, T Right on to Co Rd 1343, cross railroad tracks, go to stop sign, brick building across road.
Subdivision Cullman
Standard status Active
APN 09-05-16-0-000-020.000
Size 3,720 SF
Lot size 1.70 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description COM TH E ROW OF DRAKE RD & S LN OF SE 1/4 OF NE 1/4 TH N 10 0 AL SD ROW TH E 265 TH SELY 130 TO S LN OF SD SE1/4 TH W
Tax Annual Amount 1914
Legal Description COM TH E ROW OF DRAKE RD & S LN OF SE 1/4 OF NE 1/4 TH N 10 0 AL SD ROW TH E 265 TH SELY 130 TO S LN OF SD SE1/4 TH W

Utilities

Sewer type Septic Tank

Building Details

Year built 2007
Listing Agency: BJC Real Estate
Listed By: Carole S King · License #048328
Added: Jun 8 Changed: Oct 29 Last Checked: Oct 30 at 6:06AM
MLS# 529343

Copyright © 2026 Strategic MLS Alliance, INC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 3,720-square-foot storefront property was built in 2007 and is arranged as three distinct units. The center suite is occupied by a beauty shop, while the right-hand suite is used by a sewing shop. Three bathrooms are included, and the existing layout provides a foundation for continued commercial occupancy or reconfiguration.

The property encompasses 1.7 acres at 1816 Co Rd 1354 in Vinemont, Alabama. Septic service supports the building. Original plans are available, and the structure has been identified for potential conversion to apartment space or a single-family dwelling.

Key Highlights

  • 3,720‑square‑foot storefront building on 1.7 acres
  • Three separate units within the building
  • Center unit occupied by a beauty shop

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,717
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,340 $534.3K
Cap Rate 7%
$381,671 $381.7K
Cap Rate 9%
$296,856 $296.9K
Market Conditions
NOI Build-Up for 3,720 SF
Gross rent
$42.4K $11.40/SF
− Vacancy
−$4.2K −$1.14/SF
EGI
$38.2K $10.26/SF
− OpEx
−$11.5K −$3.08/SF
NOI
$26.7K $7.18/SF
Area
Cullman County, AL
Vacancy
10.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,340
Cap Rate 7%
$381,671
Cap Rate 9%
$296,856

Alternative Uses

Best Use
Retail
$381.7K
$334.0K – $445.3K (±1% cap)
NOI $26,717 @ 7.0% cap · market cap 8.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$548.4K
$479.9K – $639.8K (±1% cap)
NOI $38,390 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store Food Market Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby
Well-served
Demand for This Use

Demographics for 35179, AL

9,742
Population
3,577
Households
2.7
Avg Household Size
42
Median Age
18%
College-Educated
86%
High-School Grad
93.2 sq mi
ZIP Area
105
Density / Sq Mi
$62,750
Median Household Income
$35,839
Median Earnings
$763
Median Rent
$175,600
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Retail-oriented building with multiple suites, existing commercial occupants, and conversion options supported by original plans.
Where is this storefront property located?
The property is located at 1816 Co Rd 1354 Vinemont, AL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3,720‑square‑foot storefront building on 1.7 acres; Three separate units within the building; Center unit occupied by a beauty shop
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