Multi-Unit Retail
1816 Co Rd 1354 Vinemont, AL 35179
For Sale
$325,000
COMMERCIAL - Vinemont, AL
Property Size3,720 SF
Lot Size1.70 Acres
Price / SF$87.37
Days on Market51
Property Features for 1816 Co Rd 1354
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Standard status
Active
APN
09-05-16-0-000-020.000
Size
3,720 SF
Lot size
1.70 Acres
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
Utilities
Sewer type
Septic Tank
Building Details
Year built
2007
Listing Agency:
BJC Real Estate
(256) 739-5478
Listed By:
Carole S King · License #048328
(256) 287-9140
Added: Jun 8
Changed: Jul 11
Last Checked: Jul 28 at 7:06AM
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.
Investment Insights
Based on property information with market context.
This property is a multi-unit retail building currently configured as three separate units. The middle unit is occupied by a beauty shop, and the right unit is occupied by a sewing shop. The owner indicates the original plans are available, and the building can be adapted for different residential and commercial configurations.
The building sits on approximately 1.7 acres in Vinemont, Alabama, at 1816 Co Rd 1354. It is offered for sale as an income-producing retail setup with additional redevelopment options, depending on how a buyer intends to use the space.
For retailers or owner-occupants, the current layout provides defined units within a single building footprint. For buyers focused on conversion, the property is described as adaptable for apartment space or for conversion into a single-family dwelling. This mix of existing tenant occupancy and documented redesign capability can support a range of commercial and residential plans.
The building sits on approximately 1.7 acres in Vinemont, Alabama, at 1816 Co Rd 1354. It is offered for sale as an income-producing retail setup with additional redevelopment options, depending on how a buyer intends to use the space.
For retailers or owner-occupants, the current layout provides defined units within a single building footprint. For buyers focused on conversion, the property is described as adaptable for apartment space or for conversion into a single-family dwelling. This mix of existing tenant occupancy and documented redesign capability can support a range of commercial and residential plans.
Key Highlights
- Built in 2007
- Currently configured as 3 separate units: a middle beauty shop unit and a right sewing shop unit
- Many possibilities for commercial use, with potential conversion to apartment space or a single‑family dwelling
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 | $42.4k | $11.40 |
| − Vacancy | −$4.2k | −$1.14 |
| EGI | $38.2k | $10.26 |
| − OpEx | −$11.5k | −$3.08 |
| NOI | $26.7k | $7.18 |
3,720 SF · lease $11.40/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$381.7K
$334.0K – $445.3K
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
NOI $38,390 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Three-unit commercial building with current retail tenants and conversion plans available for flexible future use.
Where is this retail space 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: Built in 2007; Currently configured as 3 separate units: a middle beauty shop unit and a right sewing shop unit; Many possibilities for commercial use, with potential conversion to apartment space or a single‑family dwelling
