Two-Story Flex
For Sale
$345,000
2501 Third Street SW, Attalla, AL 35954
Reception, private offices, restrooms, workshop, and second-floor storage and office space support a range of business functions.
Property Size3,200 SF
Price / SF$107.81
Days on Market274
Property Features for 2501 Third Street SW
General Information
Standard status
Active
Size
3,200 SF
Property subtype
COMMERCIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Office Build-Out
676 SF
Property Use
Commercial Building
Building Details
Building Size
3,200 SF
Year Built
2025
Stories
2
Listing Agency:
Sue Holland Realty LLC
Listed By:
Sue Holland · License #100473
(256) 312-1799
Source:
Intownpartners
Added: Jan 28
Changed: Oct 27
Last Checked: Oct 27 at 3:36AM
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
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Investment Insights
Based on property information with market context.
Built in 2025, this two-story flex property combines customer-facing space, private offices, and a workshop. The ground floor includes a 40x20 reception area, two 13x13 offices, two restrooms, and a 40x35 workshop with two 12x12 roll-up doors. A 9x9 roll-up door serves the front area. Upstairs, storage space accompanies a 26x13 office overlooking the workshop.
The property is on Hwy 11 and includes a large parking lot with room for vehicles and trucks. Heating and cooling are provided by an electric mini-split system with three heads; natural gas is available.
The property is on Hwy 11 and includes a large parking lot with room for vehicles and trucks. Heating and cooling are provided by an electric mini-split system with three heads; natural gas is available.
Key Highlights
- Built in 2025
- 40x35 workshop with two 12x12 roll‑up doors
- 40x20 reception area with a 9x9 roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,350
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,000
$527.0K
Cap Rate 7%
$376,429
$376.4K
Cap Rate 9%
$292,778
$292.8K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$44.2K $13.80/SF
− Vacancy
−$3.6K −$1.13/SF
EGI
$40.5K $12.67/SF
− OpEx
−$14.2K −$4.43/SF
NOI
$26.4K $8.23/SF
Area
Etowah County, AL
Vacancy
8.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,000
Cap Rate 7%
$376,429
Cap Rate 9%
$292,778
Alternative Uses
Best Use
Flex RnD
$376.4K
$329.4K – $439.2K
NOI $26,350 @ 7.0% cap · market cap 7.64%
Second Best
Industrial
$208.2K
$182.2K – $243.0K
NOI $14,577 @ 7.0% cap · market cap 4.23%
Theoretical Best
Specialty Retail
$523.2K
$457.8K – $610.4K
NOI $36,625 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35954, AL
12,145
Population
5,646
Households
2.2
Avg Household Size
42
Median Age
12%
College-Educated
86%
High-School Grad
106.6 sq mi
ZIP Area
114
Density / Sq Mi
$56,004
Median Household Income
$37,924
Median Earnings
$681
Median Rent
$130,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Reception, private offices, restrooms, workshop, and second-floor storage and office space support a range of business functions.
Where is this flex space located?
The property is located at 2501 Third Street SW Attalla, AL.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Built in 2025; 40x35 workshop with two 12x12 roll‑up doors; 40x20 reception area with a 9x9 roll‑up door
