Flex Space with Retail and
For Sale
$450,000
218 S Brindlee Mountain Parkway, Arab, AL 35016
COMMERCIAL - Arab, AL
Property Size9,500 SF
Lot Size0.39 Acres
Price / SF$47.37
Days on Market109
Property Features for 218 S Brindlee Mountain Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Window features
Display Window(s)
Exterior features
Curb/Gutters, Lighting, Sidewalks
Subdivision
W T Hinds
Lot features
Corner Lot, High Visibility
Directions
Hwy 231 South, Property Just Past Hwy 69 Over Pass
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
Tile, Wood, Carpet, Concrete
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 31
Last Checked: Jul 31 at 6:06PM
MLS# 21847816
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Investment Insights
Based on property information with market context.
This flex space on a corner lot combines retail/office frontage with warehouse operations. A front retail and office area of 1,400 sq ft provides space for customer-facing use, while the back portion includes 8,100 sq ft of warehouse space. The warehouse area features a loading bay and a drive-in garage door, supporting deliveries and convenient access for goods movement. There is also partially finished living space located past the retail area.
The property totals 9,500 sq ft and sits on a 0.39-acre lot. Exterior features include curb gutters, lighting, and sidewalks. Interior finishes listed include tile, wood, carpet, and concrete.
The building was constructed in 1970 and has central air cooling with electric heating. Public water and public sewer service are available, and the roof is metal.
The property totals 9,500 sq ft and sits on a 0.39-acre lot. Exterior features include curb gutters, lighting, and sidewalks. Interior finishes listed include tile, wood, carpet, and concrete.
The building was constructed in 1970 and has central air cooling with electric heating. Public water and public sewer service are available, and the roof is metal.
Key Highlights
- 0.39‑acre corner‑lot flex space with retail, office, and warehouse layout
- 1,400 sq ft retail and office area at the front
- 8,100 sq ft warehouse space with loading bay and drive‑in garage door
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
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35016, AL
17,495
Population
7,372
Households
2.4
Avg Household Size
42
Median Age
22%
College-Educated
89%
High-School Grad
79.0 sq mi
ZIP Area
221
Density / Sq Mi
$60,910
Median Household Income
$36,939
Median Earnings
$758
Median Rent
$192,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Corner-lot flex space offering retail and office front, plus a large warehouse with loading bay and drive-in 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: 0.39‑acre corner‑lot flex space with retail, office, and warehouse layout; 1,400 sq ft retail and office area at the front; 8,100 sq ft warehouse space with loading bay and drive‑in garage door
