Renovated Office/Retail Building For
2724 N Jackson Hwy Sheffield, AL 35660
2724 N Jackson Hwy, Sheffield, AL, 35660
$350,000
For Sale
$350,000
Freestanding 2,700 SF office/retail property in Sheffield, Alabama.
Property Size2,700 SF
Lot Size1.10 Acres
Price / SF$129.63
Days on Market163
Property Features for 2724 N Jackson Hwy
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Lot size
- 1.10 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1993
Listing Agency
Pounders & Associates, Inc.
(256) 766-0998
Listed by
Justin M Bishop · License #000086299
Source
Exitrealty
Added: Feb 4 Checked: Jul 15 at 8:18 pm
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.
Investment Insights
Based on property information with market context.
The property at 2724 Jackson Highway is a freestanding office/retail building situated along the Jackson Highway Corridor in Sheffield, Alabama, within the Florence–Muscle Shoals MSA. The property, originally constructed in 1938 and renovated in 2019, is located on a 1.10-acre parcel with frontage on both Jackson Highway and 28th Street, offering a combination of renovated building improvements and surplus land suitable for future development. The existing 2,700 SF single-story building features an open, creative office layout with LVP flooring, drywall interior walls, and a drop ceiling, making it well-suited for open-concept offices or a retail showroom. The building is in good condition and includes two restrooms, city sewer, and modern infrastructure, including 200-amp electrical service and fiber internet availability through Comcast and AT&T. Recent capital improvements include a membrane roof with approximately 21 years of warranty remaining and HVAC systems replaced within the last six months.
Key Highlights
- Freestanding office/retail property on 1.10 acres with frontage on Jackson Highway and 28th Street.
- Renovated 2,700 SF building (renovated in 2019) with open, creative office layout suitable for office or retail showroom.
- Surplus land available for future development.
Local 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 | $37.9k | $14.04 |
| − Vacancy | −$8.3k | −$3.09 |
| EGI | $29.6k | $10.95 |
| − OpEx | −$7.4k | −$2.74 |
| NOI | $22.2k | $8.21 |
2,700 SF · lease $14.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$316.8K
$277.2K – $369.6K
NOI $22,176 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$431.2K
$377.3K – $503.0K
NOI $30,181 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Brewer Medical Services
Home Health Care Service
General Sign Company
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Creative space - Freestanding 2,700 SF office/retail property in Sheffield, Alabama.
Where is this creative space located?
The property is located at 2724 N Jackson Hwy Sheffield, AL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Freestanding office/retail property on 1.10 acres with frontage on Jackson Highway and 28th Street.; Renovated 2,700 SF building (renovated in 2019) with open, creative office layout suitable for office or retail showroom.; Surplus land available for future development.
