Prattville Office Building For
For Sale
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270 Interstate Hwy Park Loop, Prattville, AL 36066
Office building in growing retail corridor with easy highway access.
Property Size8,125 SF
Price / SF$221.54
Days on Market841
Property Features for 270 Interstate Hwy Park Loop
General Information
Standard status
Active
Size
8,125 SF
Property subtype
Office
Building Details
Year Built
2000
Listing Agency:
Moore Company Realty
(334) 387-2724
Listed By:
Jon Masters · License #AL 000110883
Source:
Crexi
Added: Apr 11, 2024
Changed: Jul 6
Last Checked: Jul 29 at 1:13PM
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 Moore Company Realty
Investment Insights
Based on property information with market context.
This office building is situated in the rapidly expanding retail area of Prattville, Alabama, which had an estimated population of 39,076 in 2023, making it the 12th largest city in the state. The city's population has grown by 3.11% since the 2020 census, which recorded 38,286 residents, and is currently increasing at an annual rate of 1.03%. The property benefits from convenient access and ample parking. It is located approximately 0.3 miles from I-65, 2.3 miles from Cobbs Ford Road, and 3.1 miles from Highway 31. Additionally, it is situated approximately 3.4 miles from the Marriott Legends Conference Center and the Robert Trent Jones Capitol Hill Golf Course. The building has a size of 8,125 square feet. The area is experiencing significant residential development with a large number of new homes currently under construction.
Key Highlights
- Located in Prattville's fastest‑growing retail corridor.
- Easy accessibility with ample parking.
- Proximity to I‑65 (±0.3 miles).
Financial Insights For Office B
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 | $146.3k | $18.00 |
| − Vacancy | −$26.3k | −$3.24 |
| EGI | $119.9k | $14.76 |
| − OpEx | −$30.0k | −$3.69 |
| NOI | $89.9k | $11.07 |
8,125 SF · lease $18.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.50M
NOI $89,944 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.97M
NOI $117,936 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Explore this area
Business Placement
Demographics for 36066, AL
22,206
Population
9,201
Households
2.4
Avg Household Size
37
Median Age
45%
College-Educated
95%
High-School Grad
20.1 sq mi
ZIP Area
1,105
Density / Sq Mi
$80,364
Median Household Income
$47,110
Median Earnings
$1,300
Median Rent
$220,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building in growing retail corridor with easy highway access.
Where is this office building located?
The property is located at 270 Interstate Hwy Park Loop Prattville, AL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Located in Prattville's fastest‑growing retail corridor.; Easy accessibility with ample parking.; Proximity to I‑65 (±0.3 miles).
