Single-Story Mixed-Use
2724 Jackson Highway, Sheffield, AL 35660
For Sale
Contact for pricing
Renovated office and retail space with an open interior and B-2 zoning.
Property Size2,700 SF
Lot Size1.10 Acres
Price / SF$111.11
Days on Market28
Property Features for 2724 Jackson Highway
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Asking Price
Road Access
Property Use
Building Details
Year Built
Year Renovated
Buildings
Stories
Building Size
Listing Agency:
Pounders & Associates, Inc
Listed By:
Justin Bishop · License #AL 000086299
(256) 349-7188
Source:
Crexi
Added: Oct 13
Changed: Nov 9
Last Checked: Nov 9 at 2:03AM
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 Pounders & Associates, Inc
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Investment Insights
Based on property information with market context.
This single-story office and retail building contains 2,700 square feet on a 1.10-acre parcel. Built in 1938 and renovated in 2019, the interior has an open layout, LVP flooring, drywall walls, and a drop ceiling. Approximately half of the site remains unimproved, alongside the existing building.
The property fronts Jackson Highway and 28th Street in Sheffield, Alabama. Its B-2 zoning supports office and retail uses. A deed restriction at closing will prohibit future use of the property as a sign company.
The property fronts Jackson Highway and 28th Street in Sheffield, Alabama. Its B-2 zoning supports office and retail uses. A deed restriction at closing will prohibit future use of the property as a sign company.
Key Highlights
- 2,700‑square‑foot building on a 1.10‑acre parcel
- Built in 1938 and renovated in 2019
- Frontage on Jackson Highway and 28th Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,176
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,520
$443.5K
Cap Rate 7%
$316,800
$316.8K
Cap Rate 9%
$246,400
$246.4K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$37.9K $14.04/SF
− Vacancy
−$8.3K −$3.09/SF
EGI
$29.6K $10.95/SF
− OpEx
−$7.4K −$2.74/SF
NOI
$22.2K $8.21/SF
Area
Colbert County, AL
Vacancy
22.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,520
Cap Rate 7%
$316,800
Cap Rate 9%
$246,400
Alternative Uses
Best Use
Office B
$316.8K
$277.2K – $369.6K
NOI $22,176 @ 7.0% cap · market cap 7.39%
Second Best
Mixed Use
$254.6K
$222.8K – $297.0K
NOI $17,820 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$431.2K
$377.3K – $503.0K
NOI $30,181 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
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Business Placement
Demographics for 35660, AL
9,434
Population
5,139
Households
1.8
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
6.2 sq mi
ZIP Area
1,522
Density / Sq Mi
$42,510
Median Household Income
$31,302
Median Earnings
$850
Median Rent
$129,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated office and retail space with an open interior and B-2 zoning.
Where is this mixed-use property located?
The property is located at 2724 Jackson Highway Sheffield, AL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,700‑square‑foot building on a 1.10‑acre parcel; Built in 1938 and renovated in 2019; Frontage on Jackson Highway and 28th Street
