Golden Springs Road Commercial
For Sale
Contact for pricing
1900 Golden Springs Rd, Anniston, AL 36207
Commercial property on approximately 2 acres with high visibility.
Property Size4,000 SF
Lot Size2.00 Acres
Price / SF$225
Days on Market686
Property Features for 1900 Golden Springs Rd
General Information
Standard status
Active
Size
4,000 SF
Class
D
Total Parking Spaces
32
Lot size
2.00 Acres
Property subtype
Business for Sale, Mixed Use, Office, Retail, Special Purpose
Zoning
County no Restrictions
Investment Type
Owner/User
Building Details
Year Built
2018
Year Renovated
2018
Buildings
1
Stories
1
Units
1
Listing Agency:
Kelly Right Real Estate of Alabama
Listed By:
Nicole Kelley - IN HOMES - Kelly Right Real Estate · License #101919
(256) 452-7135
Source:
Crexi
Added: Dec 5, 2024
Changed: Oct 13
Last Checked: Oct 20 at 7:35PM
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 Kelly Right Real Estate of Alabama
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Investment Insights
Based on property information with market context.
This commercial property is situated on approximately 2 acres and is located on Golden Springs Road, near the bypass from I-20 to Highway 431. This area is currently transitioning from residential to commercial use. The 4,000-square-foot building includes 8 offices, a large lobby, a reception area, and a lab area. The building's construction is supported by the outer walls, allowing for flexible buildout options as there are no load-bearing walls on the interior. Parking is available for up to 32 cars. Located in the county, the property currently has no restrictions. The property's 2 acres offer possibilities for expansion. Multiple businesses have recently been built in this area, including a Jacks, Raindrop Carwash, and Smile Dr. The location is near upcoming developments, including Samco and a Shell station across the street.
Key Highlights
- Prime location on Golden Springs Road near the I‑20 bypass and Hwy 431, experiencing commercial growth.
- 4,000 sq ft building with 8 offices, large lobby, reception area, and lab area.
- Flexible interior buildout due to non‑load‑bearing interior walls.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,365
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,300
$507.3K
Cap Rate 7%
$362,357
$362.4K
Cap Rate 9%
$281,833
$281.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$45.6K $11.40/SF
− Vacancy
−$5.0K −$1.25/SF
EGI
$40.6K $10.15/SF
− OpEx
−$15.2K −$3.80/SF
NOI
$25.4K $6.34/SF
Area
Calhoun County, AL
Vacancy
11.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,300
Cap Rate 7%
$362,357
Cap Rate 9%
$281,833
Alternative Uses
Best Use
Mixed Use
$362.4K
$317.1K – $422.8K
NOI $25,365 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$614.9K
$538.1K – $717.4K
NOI $43,046 @ 7.0% cap · market cap 4.78%
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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Current Use
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 36207, AL
19,553
Population
9,260
Households
2.1
Avg Household Size
44
Median Age
32%
College-Educated
90%
High-School Grad
74.8 sq mi
ZIP Area
261
Density / Sq Mi
$70,090
Median Household Income
$39,898
Median Earnings
$890
Median Rent
$195,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property on approximately 2 acres with high visibility.
Where is this mixed-use property located?
The property is located at 1900 Golden Springs Rd Anniston, AL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Prime location on Golden Springs Road near the I‑20 bypass and Hwy 431, experiencing commercial growth.; 4,000 sq ft building with **8 offices, large lobby, reception area, and lab area.**; Flexible interior buildout due to non‑load‑bearing interior walls.
