Retail and Warehouse
2191 Hwy 77, Southside, AL 35907
For Sale
$1,350,000
Three separate buildings offer a combination of retail and warehouse space with direct Highway 77 access.
Property Size13,875 SF
Lot Size1.00 Acre
Price / SF$97.30
Days on Market53
Property Features for 2191 Hwy 77
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Traffic Count
Highway Access
Road Access
Additional Details
Property Use
Building Details
Building Size
Buildings
Listing Agency:
Copperleaf Properties LLC
Listed By:
Randy Smith · License #80833
(256) 312-1104
Source:
Intownpartners
Added: Sep 16
Changed: Nov 6
Last Checked: Nov 6 at 3:29PM
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 Copperleaf Properties LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The mixed-use property contains 13,875 square feet across three buildings, combining retail and warehouse space. The site encompasses approximately 1 acre and has direct access from Highway 77.
The property fronts Highway 77 in Southside, Alabama, with approximately 180 feet of highway frontage. Traffic counts are approximately 42,000 vehicles per day.
The property fronts Highway 77 in Southside, Alabama, with approximately 180 feet of highway frontage. Traffic counts are approximately 42,000 vehicles per day.
Key Highlights
- 13,875 square feet across three buildings
- Approximately 1 acre
- 180 feet of frontage along Highway 77
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,578
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,191,560
$2.2M
Cap Rate 7%
$1,565,400
$1.6M
Cap Rate 9%
$1,217,533
$1.2M
Market Conditions
NOI Build-Up for 13,875 SF
Gross rent
$194.8K $14.04/SF
− Vacancy
−$19.5K −$1.40/SF
EGI
$175.3K $12.64/SF
− OpEx
−$65.7K −$4.74/SF
NOI
$109.6K $7.90/SF
Area
Etowah County, AL
Vacancy
10.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,191,560
Cap Rate 7%
$1,565,400
Cap Rate 9%
$1,217,533
Alternative Uses
Best Use
Retail
$1.83M
$1.60M – $2.14M
NOI $128,205 @ 7.0% cap · market cap 9.50%
Second Best
Mixed Use
$1.57M
$1.37M – $1.83M
NOI $109,578 @ 7.0% cap · market cap 8.12%
Theoretical Best
Specialty Retail
$2.27M
$1.99M – $2.65M
NOI $158,804 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
42,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 35907, AL
9,270
Population
3,429
Households
2.7
Avg Household Size
43
Median Age
23%
College-Educated
93%
High-School Grad
22.1 sq mi
ZIP Area
419
Density / Sq Mi
$73,790
Median Household Income
$45,160
Median Earnings
$1,131
Median Rent
$203,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three separate buildings offer a combination of retail and warehouse space with direct Highway 77 access.
Where is this mixed-use property located?
The property is located at 2191 Hwy 77 Southside, AL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 13,875 square feet across three buildings; Approximately 1 acre; 180 feet of frontage along Highway 77
