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    Single-Story Masonry Office Building Title is generated by Realmo AI

    21 Beech Grove Road, Good Hope, AL 35057

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    Claim this Listing
    For Sale
    $285,000

    COMMERCIAL - Good Hope, AL

    Type:Office
    Property size:
    2,308 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $123/SF
    Added:
    May 11, 2026
    Days on Market:
    59
    Last Refresh:
    Jul 8 at 9:06 pm

    Property Features for 21 Beech Grove Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    2203080001031.000
    Size
    2,308 SF
    Lot size
    0.50 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet, Vinyl
    Roof type
    Metal

    We can help!

    Contact an agent
    Richard Neese

    Listing agent Richard Neese License #106924

    Listing office The Richard Neese Team 17844 US Hwy 31, AL

    Listing date May 11, 2026

    MLS# 21917698

    Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • +/-2,33

    Overview

    This single-story masonry office building totals approximately 2,334 square feet and is configured for professional use. The interior includes a lobby and reception area, open office space, a workroom, two private offices, two restrooms, a copy room, a break room, and a storage area. The layout is designed to support a range of office operations while keeping key work functions and support spaces in place.

    The property is located at 21 Beech Grove Road in Good Hope, Alabama, on a lot of approximately 0.5 acres. It is being offered for sale or lease, whichever occurs first.

    For tenants seeking an immediately usable office environment, the combination of reception, open work area, private offices, and on-site support rooms can help streamline day-to-day operations. For buyers, the building’s traditional office plan offers a straightforward foundation for professional services that require both shared and private workspace.

    Local Financial Insights For Office B

    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 $29.1k $12.60
    − Vacancy −$4.7k −$2.02
    EGI $24.4k $10.58
    − OpEx −$6.1k −$2.65
    NOI $18.3k $7.94
    2,308 SF · lease $12.60/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $261.7K
    $229.0K – $305.4K (±1% cap)
    NOI $18,321 @ 7.0% cap · market cap 6.43%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $340.3K
    $297.7K – $397.0K (±1% cap)
    NOI $23,819 @ 7.0% cap · market cap 8.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Good Hope
    County
    Cullman
    State
    Alabama
    Longitude
    -86.87431518
    Latitude
    34.10186405

    FAQs

    What type of property is this?
    Office building - A versatile single-story office layout with private offices, restrooms, and dedicated break and copy space.
    Where is this office building located?
    The property is located at 21 Beech Grove Road Good Hope, AL.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: +/-2,33
    (256) 708-1511
    We can help!
    Contact an agent
    Richard Neese
    Real Estate License ID: 106924
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