Versatile Shop Building Near
275 Emmett Ayers Road Grant, AL 35747
275 Emmett Ayers Road, Grant, AL, 35747
$825,000
For Sale
$825,000
7,200 SF shop building suitable for various commercial uses.
Property Size7,200 SF
Price / SF$114.58
Days on Market137
Property Features for 275 Emmett Ayers Road
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Property subtype
- Lots/Land
Listing Agency
BHHS Rise-Scottsboro Branch
(256) 609-5773
Listed by
Taylor Carlton · License #144127
(256) 609-5773
Source
Exitrealty
Added: Mar 4 Checked: Jul 19 at 4:18 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 BHHS Rise-Scottsboro Branch
Investment Insights
Based on property information with market context.
This 7,200 sq ft shop building presents an investment or business opportunity with a versatile layout. The building includes 4 offices, 2 bathrooms, and a break room. It is equipped with 3-phase power, suitable for a range of commercial and industrial applications. The property is located outside city limits and has no specific zoning, offering flexibility for business, storage, manufacturing, or other ventures. Situated 30 minutes from Huntsville, Alabama, it provides accessibility while offering more freedom than city-restricted properties.
Key Highlights
- 7,200 sq ft shop building suitable for diverse commercial/industrial uses.
- Located outside city limits with no specific zoning, offering business flexibility.
- Equipped with 3‑phase power.
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 | $69.1k | $9.60 |
| − Vacancy | −$5.5k | −$0.77 |
| EGI | $63.6k | $8.83 |
| − OpEx | −$22.3k | −$3.09 |
| NOI | $41.3k | $5.74 |
7,200 SF · lease $9.60/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$590.5K
$516.7K – $688.9K
NOI $41,334 @ 7.0% cap · market cap 5.01%
Second Best
Industrial
$408.2K
$357.2K – $476.3K
NOI $28,577 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,781 @ 7.0% cap · market cap 13.19%
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 - 7,200 SF shop building suitable for various commercial uses.
Where is this flex space located?
The property is located at 275 Emmett Ayers Road Grant, AL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 7,200 sq ft shop building suitable for diverse commercial/industrial uses.; Located outside city limits with no specific zoning, offering business flexibility.; Equipped with 3‑phase power.
