2306 W Meighan Boulevard, Gadsden, AL 35904
- Added:
- Apr 7, 2026
- Days on Market:
- 69
- Last Refresh:
- Jun 14 at 12:06 am
Property Features for 2306 W Meighan Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Parking Lot
- Window features
- Display Window(s)
- Exterior features
- Sidewalks, Curb/Gutters, Lighting
- Standard status
- Active
- APN
- 1503061000154.002
- Size
- 1,303 SF
- Lot size
- 0.35 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Flooring type
- Concrete, Vinyl, Carpet
Listing agent Tokrica Mack License #73524 (256) 458-2597
Listing office Era King Real Estate 3327 Rainbow Drive, AL (256) 442-1030
Listing date Apr 7, 2026
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HighLights
- Commercial building built in 1986
- Open floor plan with updated flooring and ample overhead lighting throughout
- Includes breakroom/kitchen area with appliances, plus a dedicated storage area
- Has public and private bathrooms and private office space
- Front parking lot with additional rear parking space
- Public water and public sewer
Overview
Located at 2306 W Meighan Boulevard in Gadsden, Alabama (Etowah County), the property includes front parking with additional space available in the rear. This combination of front and rear parking can be useful for tenants or operators who need practical on-site access for staff and customers.
With its open layout, multiple restrooms, and built-in support spaces such as the breakroom and storage, the building may appeal to an owner-user looking to customize a single-site operation. It can also fit investors seeking a property that can accommodate different commercial concepts, given the straightforward interior arrangement and parking configuration described above.
Local Financial Insights For Retail
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 | $19.5k | $15.00 |
| − Vacancy | −$2.3k | −$1.80 |
| EGI | $17.2k | $13.20 |
| − OpEx | −$5.2k | −$3.96 |
| NOI | $12.0k | $9.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gadsden
- County
- Etowah
- State
- Alabama
- Longitude
- -86.03861
- Latitude
- 34.022894
