Auto Shop / Light Industrial
New
For Sale
$499,900
2445 East Broad Street, Gadsden, AL 35903
6,000 SF building on nearly 2 acres suited for a body shop or light industrial use.
Property Size6,000 SF
Lot Size2.00 Acres
Price / SF$83.32
Days on Market5
Property Features for 2445 East Broad Street
General Information
Standard status
Active
Size
6,000 SF
Lot size
2.00 Acres
Property subtype
Commercial/Industrial
Listing Agency:
Impact Realty, LLC
(256) 328-9548
Listed By:
Lesa Young · License #158059
(256) 328-9548
Source:
Exitrealty
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 30 at 2:03PM
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 Impact Realty, LLC
Investment Insights
Based on property information with market context.
This auto shop / light industrial building offers 6,000 sq. ft. of space designed to support a body shop or other light industrial use. The property sits on almost 2 acres, providing room for vehicle-oriented operations and on-site working space.
The building’s configuration is positioned for practical automotive service needs, with the overall site size aligning well with body shop workflows and light industrial activities. A total of 6,000 sq. ft. allows for dedicated work areas and functional storage or support space within the facility.
For operators seeking a body shop-ready structure with meaningful site acreage, this property provides a straightforward option centered on automotive and light industrial functionality.
The building’s configuration is positioned for practical automotive service needs, with the overall site size aligning well with body shop workflows and light industrial activities. A total of 6,000 sq. ft. allows for dedicated work areas and functional storage or support space within the facility.
For operators seeking a body shop-ready structure with meaningful site acreage, this property provides a straightforward option centered on automotive and light industrial functionality.
Key Highlights
- 6,000 sq. ft. building for body shop or light industrial use
- Almost 2 acres of site area for vehicle‑oriented operations
- Suitable for automotive service and light industrial activities
Financial Insights For Industrial
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 | $41.8k | $6.96 |
| − Vacancy | −$2.7k | −$0.45 |
| EGI | $39.0k | $6.51 |
| − OpEx | −$11.7k | −$1.95 |
| NOI | $27.3k | $4.56 |
6,000 SF · lease $6.96/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$792.0K
$693.0K – $924.0K
NOI $55,440 @ 7.0% cap · market cap 11.09%
Second Best
Flex RnD
$705.8K
$617.6K – $823.5K
NOI $49,407 @ 7.0% cap · market cap 9.88%
Theoretical Best
Specialty Retail
$981.0K
$858.4K – $1.14M
NOI $68,672 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
447
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- 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
- 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
Frequently Asked Questions
What type of property is this?
Auto shop - 6,000 SF building on nearly 2 acres suited for a body shop or light industrial use.
Where is this auto shop located?
The property is located at 2445 East Broad Street Gadsden, AL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 6,000 sq. ft. building for body shop or light industrial use; Almost 2 acres of site area for vehicle‑oriented operations; Suitable for automotive service and light industrial activities
