New Commercial Building on Hwy
2501 Third SW Street Attalla, AL 35954
2501 Third SW Street, Attalla, AL, 35954
$409,000
For Sale
$409,000
Two-story commercial building with road frontage and workshop space.
Property Size3,025 SF
Price / SF$135.21
Days on Market169
Property Features for 2501 Third SW Street
General Information
- Standard status
- Active
- Size
- 3,025 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2025
Listing Agency
Sue Holland Realty LLC
(256) 312-1799
Listed by
Sue Holland · License #100473
(256) 312-1799
Source
Exitrealty
Added: Jan 29 Checked: Jul 16 at 6:01 am
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 Sue Holland Realty LLC
Investment Insights
Based on property information with market context.
This two-story, 3,025 sq ft commercial building, constructed in 2025, is situated on Hwy 11, offering significant road frontage visibility. The ground floor features a 40x20 front service/reception area, a 9x9 roll-up door, two 13x13 private offices, two restrooms, and a 40x35 workshop equipped with two 12x12 roll-up doors. The upper level provides storage space and a 26x13 office that overlooks the workshop. The building is equipped with one electric mini-split system with three heads for heating and air conditioning. Natural gas is available. A large parking lot provides ample space for business signage and truck parking. This property presents a unique investment opportunity.
Key Highlights
- High visibility location on Hwy 11 with great road frontage.
- Large 40x35 workshop with two 12x12 roll‑up doors.
- Substantial 3025 sq ft commercial building.
Local Financial Insights For Flex RnD
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 | $41.7k | $13.80 |
| − Vacancy | −$3.4k | −$1.13 |
| EGI | $38.3k | $12.67 |
| − OpEx | −$13.4k | −$4.43 |
| NOI | $24.9k | $8.23 |
3,025 SF · lease $13.80/SF/yr · vacancy 8.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$355.8K
$311.4K – $415.2K
NOI $24,909 @ 7.0% cap · market cap 6.09%
Second Best
Office B
$279.1K
$244.2K – $325.6K
NOI $19,537 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$494.6K
$432.8K – $577.0K
NOI $34,622 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two-story commercial building with road frontage and workshop space.
Where is this flex space located?
The property is located at 2501 Third SW Street Attalla, AL.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: High visibility location on Hwy 11 with great road frontage.; **Large 40x35 workshop with two 12x12 roll‑up doors.**; Substantial 3025 sq ft commercial building.
