Commercial Property with High
1825 4th St Sw, Cullman, AL 35055
For Sale
$2,200,000
Commercial property featuring showroom, office, and warehouse space.
Property Size10,000 SF
Lot Size1.00 Acre
Price / SF$220
Days on Market850
Property Features for 1825 4th St Sw
General Information
Standard status
Size
Lot size
Taxes and HOA fees
Annual Taxes
Listing Agency:
Culpepper Real Estate Inc
Listed By:
Clay Culpepper · License AL #101611
(256) 338-5378
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 13
Last Checked: Aug 7 at 10:42AM
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 Culpepper Real Estate Inc
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Investment Insights
Based on property information with market context.
This commercial property offers approximately 10,000 square feet of space. It benefits from high visibility and a high traffic count, situated just off Exit 308. Currently operating as a business, the property includes smoke rooms, coolers, freezers, warehouse storage, a showroom, displays, and extensive office space. The property presents a range of features suitable for various business operations.
Key Highlights
- High visibility and high traffic count location just off Exit 308
- Approximately 10,000 sq ft of commercial space
- Currently operating business with existing infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,380
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,587,600
$1.6M
Cap Rate 7%
$1,134,000
$1.1M
Cap Rate 9%
$882,000
$882.0K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$126.0K $12.60/SF
− Vacancy
−$20.2K −$2.02/SF
EGI
$105.8K $10.58/SF
− OpEx
−$26.5K −$2.65/SF
NOI
$79.4K $7.94/SF
Area
Cullman County, AL
Vacancy
16.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,587,600
Cap Rate 7%
$1,134,000
Cap Rate 9%
$882,000
Alternative Uses
Best Use
Office B
$1.13M
$992.3K – $1.32M
NOI $79,380 @ 7.0% cap · market cap 3.61%
Second Best
Retail
$1.03M
$897.8K – $1.20M
NOI $71,820 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,200 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
Demographics for 35055, AL
22,299
Population
10,664
Households
2.1
Avg Household Size
39
Median Age
26%
College-Educated
88%
High-School Grad
63.8 sq mi
ZIP Area
350
Density / Sq Mi
$58,488
Median Household Income
$40,079
Median Earnings
$934
Median Rent
$195,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial property featuring showroom, office, and warehouse space.
Where is this retail space located?
The property is located at 1825 4th St Sw Cullman, AL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: High visibility and high traffic count location just off Exit 308; Approximately 10,000 sq ft of commercial space; Currently operating business with existing infrastructure
