Retail and Warehouse Flex
218 S Brindlee Mountain Parkway Arab, AL 35016
For Sale
$450,000
COMMERCIAL - Arab, AL
Property Size9,500 SF
Lot Size0.39 Acres
Price / SF$47.37
Days on Market107
Property Features for 218 S Brindlee Mountain Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Window features
Display Window(s)
Exterior features
Curb/Gutters, Lighting, Sidewalks
Standard status
Active
APN
1307261003027.000
Size
9,500 SF
Lot size
0.39 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1970
Floors in Building
1
Flooring type
Wood, Tile, Concrete, Carpet
Roof type
Metal
Listing Agency:
Southern Elite Realty
(256) 202-1648
Listed By:
Bonnie Shipp · License #112997
(256) 640-6839
Added: Apr 14
Changed: Jul 28
Last Checked: Jul 29 at 6:06PM
MLS# 21847816
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Investment Insights
Based on property information with market context.
This corner-lot flex building includes 1,400 square feet of retail and office space at the front, with an additional 8,100 square feet of warehouse space in the rear. The warehouse portion features a loading bay and a drive-in garage door, and it also includes partially finished living space.
With the combined layout totaling 9,500 square feet, the property can support a range of commercial uses requiring both customer-facing space and functional warehouse operations in one site.
With the combined layout totaling 9,500 square feet, the property can support a range of commercial uses requiring both customer-facing space and functional warehouse operations in one site.
Key Highlights
- 9500 sq ft commercial building on a corner lot with 1400 sq ft retail/office and 8100 sq ft warehouse
- Warehouse includes a loading bay and a drive‑in garage door
- Partially finished living space is included in the warehouse area
Financial Insights For Warehouse
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 | $51.3k | $5.40 |
| − Vacancy | −$3.1k | −$0.32 |
| EGI | $48.2k | $5.08 |
| − OpEx | −$7.2k | −$0.76 |
| NOI | $41.0k | $4.31 |
9,500 SF · lease $5.40/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.53M
$1.34M – $1.78M
NOI $107,089 @ 7.0% cap · market cap 23.80%
Second Best
Retail
$865.8K
$757.6K – $1.01M
NOI $60,604 @ 7.0% cap · market cap 13.47%
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,531 @ 7.0% cap · market cap 31.90%
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?
Flex space - Corner-lot flex building with front retail/office space and rear warehouse with loading bay and drive-in garage door.
Where is this flex space located?
The property is located at 218 S Brindlee Mountain Parkway Arab, AL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 9500 sq ft commercial building on a corner lot with 1400 sq ft retail/office and 8100 sq ft warehouse; Warehouse includes a loading bay and a drive‑in garage door; Partially finished living space is included in the warehouse area
