Auto Shop
For Sale
$399,900
2445 E BROAD STREET, Gadsden, AL 35903
Commercial Sale, GADSDEN, AL
Property Size6,000 SF
Lot Size2.00 Acres
Price / SF$66.65
Days on Market95
Property Features for 2445 E BROAD STREET
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
Use GPS
Standard status
Active
Size
6,000 SF
Lot size
2.00 Acres
Additional Details
Real Estate Included
Yes
Automotive Uses
collision/body shop
Taxes and HOA fees
Tax Description
H/S BASE YEAR LTS 11 THUR 14 PINEGROVE SUB PLAT C-211 GADSDEN 13-12-6 1240-199,1176-467,1304-231,1504-79,D-2023-3561741(ROS)
Legal Description
H/S BASE YEAR LTS 11 THUR 14 PINEGROVE SUB PLAT C-211 GADSDEN 13-12-6 1240-199,1176-467,1304-231,1504-79,D-2023-3561741(ROS)
Utilities
Water source
Public
Building Details
Floors in Building
1
Flooring type
Tile, Concrete
Buildings
1
Listing Agency:
Impact Realty, LLC
(256) 459-4001
Listed By:
Lesa Young · License #158059
(256) 328-9548
Added: Jul 27
Changed: Oct 29
Last Checked: Oct 29 at 7:06PM
MLS# 21924859
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.
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Investment Insights
Based on property information with market context.
Located at 2445 E Broad Street in Gadsden, the property includes a 6,000-square-foot building identified for body shop or light industrial use. Interior details include tile and concrete flooring, two bathrooms, and a public water source.
Key Highlights
- 6,000‑square‑foot building
- Body shop or light industrial use identified
- Tile and concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,332
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,640
$546.6K
Cap Rate 7%
$390,457
$390.5K
Cap Rate 9%
$303,689
$303.7K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$41.8K $6.96/SF
− Vacancy
−$2.7K −$0.45/SF
EGI
$39.0K $6.51/SF
− OpEx
−$11.7K −$1.95/SF
NOI
$27.3K $4.56/SF
Area
Etowah County, AL
Vacancy
6.50%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,640
Cap Rate 7%
$390,457
Cap Rate 9%
$303,689
Alternative Uses
Best Use
Retail
$792.0K
$693.0K – $924.0K
NOI $55,440 @ 7.0% cap · market cap 13.86%
Second Best
Industrial
$390.5K
$341.7K – $455.5K
NOI $27,332 @ 7.0% cap · market cap 6.83%
Theoretical Best
Specialty Retail
$981.0K
$858.4K – $1.14M
NOI $68,672 @ 7.0% cap · market cap 17.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35903, AL
17,344
Population
8,338
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
87%
High-School Grad
68.2 sq mi
ZIP Area
254
Density / Sq Mi
$50,063
Median Household Income
$35,361
Median Earnings
$823
Median Rent
$170,000
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Clowdus Garage — E Meighan Blvd, Gadsden, AL 35903
- Multiple Viscosity MotorSports LLC — 2820 Fields Ave, Gadsden, AL 35903
- Luther Front End — 2825 E Meighan Blvd, Gadsden, AL 35903
- Vann's Diesel & Fleet Service — 2817 E Meighan Blvd, East Gadsden, AL 35903
- Johnson's Hot Rod Shop — 2439 E Meighan Blvd, Gadsden, AL 35903
Frequently Asked Questions
What type of property is this?
Auto shop - The property is presented for body shop or light industrial use.
Where is this auto shop located?
The property is located at 2445 E BROAD STREET Gadsden, AL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 6,000‑square‑foot building; Body shop or light industrial use identified; Tile and concrete flooring
