Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vinemont Brick Building with Potential Title is generated by Realmo AI

    1816 Co Rd 1354, Vinemont, AL 35179

    View on Map
    Claim this Listing
    For Sale
    $349,900

    Charming brick building in Vinemont with conversion potential.

    Type:Commercial/Industrial
    Property size:
    3,700 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $94/SF
    Added:
    Nov 4, 2025
    Days on Market:
    210
    Last Refresh:
    Apr 8 at 12:15 am

    Property Features for 1816 Co Rd 1354

    General Information

    Standard status
    Active
    Size
    3,700 SF
    Lot size
    0.50 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2007

    We can help!

    Listing Contact
    Braxton T King

    Listing agent Braxton T King License #000156379

    Listing office EXIT Lake & Country Real Estate

    Listing date Nov 4, 2025

    Source Exitrealty

    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 EXIT Lake & Country Real Estate

    HighLights

    • Potential for easy conversion into apartments or multi‑family housing
    • Includes an adjacent ~0.5 acre lot for expansion or parking
    • Three separate entrances ideal for multiple tenants or units
    • Spacious basement includes a two‑car garage
    • Well‑maintained brick building built in 2007
    • Three parcels being sold as one

    Overview

    This well-maintained brick building in Vinemont presents a unique opportunity. Currently used as a commercial property, it offers flexibility for various uses, including conversion into apartments or multi-family housing. The building features three separate entrances, making it suitable for multiple tenants or units. A spacious basement includes a two-car garage, adding convenience and functionality for storage or private parking. The sale includes an adjacent approximately 0.5-acre lot, providing room for expansion, additional parking, or outdoor space. With solid bones and endless potential, this property is ideal for investors seeking rental income or business owners desiring a prime location. The property size is 3700 square feet. Three parcels are being sold as one.

    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 $42.2k $11.40
    − Vacancy −$4.2k −$1.14
    EGI $38.0k $10.26
    − OpEx −$11.4k −$3.08
    NOI $26.6k $7.18
    3,700 SF · lease $11.40/SF/yr · vacancy 10.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $379.6K
    $332.2K – $442.9K (±1% cap)
    NOI $26,573 @ 7.0% cap · market cap 7.59%
    Second Best
    Apartment 5plus
    $285.5K
    $249.8K – $333.1K (±1% cap)
    NOI $19,985 @ 7.0% cap · market cap 5.71%
    Theoretical Best
    Office A
    $545.5K
    $477.3K – $636.4K (±1% cap)
    NOI $38,184 @ 7.0% cap · market cap 10.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Building Supply Hair Salon Auto Repair Shop Food Market Grocery & Convenience Store Electronics & Wireless Store Nursing Home (Bike/Boat/Book/etc) Store Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vinemont
    County
    Cullman
    State
    Alabama
    Longitude
    -86.850451
    Latitude
    34.257674

    Nearby Similar for Sale

    • $1,900,000
      1,350 SF

      Operating Poultry Farm on 29 Acres

      Operating poultry farm with farmhouse and pole barn on 29+/- acres.
      3118 Co Rd 1224, Vinemont, AL 35179
      View Details
    • $499,900
      8,712 SF

      Former Dollar General Investment Opportunity

      Commercial property with large open space and loading area.
      19055 US Hwy 31, Vinemont, AL 35179
      View Details
    • $499,000
      7,200 SF

      Vinemont Church Building For Sale

      7200 SF fully furnished church building ready to move in.
      1875 Co Rd 1435, Vinemont, AL 35179
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Charming brick building in Vinemont with conversion potential.
    Where is this mixed-use 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 $349,900.
    What are key features of this property?
    This property features: Potential for easy conversion into apartments or multi‑family housing; Includes an adjacent ~0.5 acre lot for expansion or parking; Three separate entrances ideal for multiple tenants or units
    (256) 339-9377
    We can help!
    Listing Contact
    Braxton T King
    Real Estate License ID: 000156379
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1816 Co Rd 1354, Vinemont, AL 35179
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!