Five-Unit Strip
New
For Sale
$775,000
222 Brindlee Mountain Parkway N, Arab, AL 35016
Business Opportunity, Arab, AL
Property Size6,500 SF
Lot Size0.64 Acres
Price / SF$119.23
Days on Market2
Property Features for 222 Brindlee Mountain Parkway N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business, Commercial
Subdivision
Metes And Bounds
Directions
From Huntsville: Travel South On Hwy 231, The Property Will Be Located On The Left. Located Across From Midas Burger/Joe V. Clayton Chevrolet.
Standard status
Active
APN
1306234003005.001
Size
6,500 SF
Lot size
0.64 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Flooring type
Carpet, Vinyl, Tile
Listing Agency:
Premiere Realty Group LLC
(256) 586-7450
Listed By:
Celeste Wooten · License #110692
(256) 990-9643
Added: Sep 2
Changed: Sep 3
Last Checked: Sep 3 at 4:06AM
MLS# 21928166
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.
Investment Insights
Based on property information with market context.
Located at 222 Brindlee Mountain Parkway N in Arab, this strip mall contains approximately 6,500 square feet arranged across five individual units. The suites range from 1,200 to 2,000 square feet, providing a varied configuration within one commercial property. An additional second-level area offers space for future expansion or supporting functions.
The property occupies 0.64 acres in Marshall County and is situated along a commercial corridor described as high traffic with strong visibility. Huntsville is a short drive away. Interior finishes include vinyl, carpet, and tile flooring, while the property is served by public water and public sewer.
The property occupies 0.64 acres in Marshall County and is situated along a commercial corridor described as high traffic with strong visibility. Huntsville is a short drive away. Interior finishes include vinyl, carpet, and tile flooring, while the property is served by public water and public sewer.
Key Highlights
- Five commercial units ranging from 1,200 to 2,000 square feet
- Approximately 6,500 square feet of total property area
- Additional second‑level space included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,466
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$829,320
$829.3K
Cap Rate 7%
$592,371
$592.4K
Cap Rate 9%
$460,733
$460.7K
Market Conditions
NOI Build-Up for 6,500 SF
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.
Gross rent
$64.7K $9.96/SF
− Vacancy
−$5.5K −$0.85/SF
EGI
$59.2K $9.11/SF
− OpEx
−$17.8K −$2.73/SF
NOI
$41.5K $6.38/SF
Area
Marshall County, AL
Vacancy
8.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$829,320
Cap Rate 7%
$592,371
Cap Rate 9%
$460,733
Alternative Uses
Best Use
Retail
$592.4K
$518.3K – $691.1K
NOI $41,466 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,205 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
98k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 25%
Apparel 7%
Home Improvements & Furnishings 7%
McDonald's
Dining
23,804 visits/mo
0.4 miles
SONIC Drive In
Dining
12,734 visits/mo
0.3 miles
Dollar General
Shops & Services
9,342 visits/mo
0.4 miles
Burger King
Dining
8,772 visits/mo
0.2 miles
Harbor Freight Tools
Home Improvements & Furnishings
6,402 visits/mo
0.2 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Multi-suite commercial building with public water and sewer service.
Where is this strip mall located?
The property is located at 222 Brindlee Mountain Parkway N Arab, AL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Five commercial units ranging from 1,200 to 2,000 square feet; Approximately 6,500 square feet of total property area; Additional second‑level space included
