Flex Space with 3-Phase
275 EMMETT AYERS ROAD, Grant, AL 35747
For Sale
$775,000
Land, GRANT, AL
Property Size7,200 SF
Lot Size1.30 Acres
Price / SF$107.64
Days on Market253
Property Features for 275 EMMETT AYERS ROAD
General Information
Property type
Property subtype
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Amenities
break room
Building Details
Buildings
Listing Agency:
BHHS Rise-Scottsboro Branch
(256) 999-0343
Listed By:
Taylor Carlton · License AL #144127
(256) 609-5773
Added: Mar 3
Changed: Oct 29
Last Checked: Nov 10 at 8:06PM
MLS# 21911224
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This flex property includes a 7,200-square-foot shop building with four offices, two bathrooms, and a break room. Three-phase power serves the building. The site encompasses 1.3 acres and sits outside city limits.
The property is in Grant, Alabama, approximately 30 minutes from Huntsville. No specific zoning is identified, and the location outside city limits is a noted feature of the site.
The property is in Grant, Alabama, approximately 30 minutes from Huntsville. No specific zoning is identified, and the location outside city limits is a noted feature of the site.
Key Highlights
- 7,200‑square‑foot shop building on 1.3 acres
- Four offices, two bathrooms, and a break room
- Three‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,334
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$826,680
$826.7K
Cap Rate 7%
$590,486
$590.5K
Cap Rate 9%
$459,267
$459.3K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$69.1K $9.60/SF
− Vacancy
−$5.5K −$0.77/SF
EGI
$63.6K $8.83/SF
− OpEx
−$22.3K −$3.09/SF
NOI
$41.3K $5.74/SF
Area
Marshall County, AL
Vacancy
8.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$826,680
Cap Rate 7%
$590,486
Cap Rate 9%
$459,267
Alternative Uses
Best Use
Flex RnD
$590.5K
$516.7K – $688.9K
NOI $41,334 @ 7.0% cap · market cap 5.33%
Second Best
Industrial
$408.2K
$357.2K – $476.3K
NOI $28,577 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,781 @ 7.0% cap · market cap 14.04%
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
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35747, AL
6,173
Population
3,402
Households
1.8
Avg Household Size
43
Median Age
30%
College-Educated
89%
High-School Grad
75.3 sq mi
ZIP Area
82
Density / Sq Mi
$78,750
Median Household Income
$48,580
Median Earnings
$663
Median Rent
$219,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Marshall County, AL
Properties on Market for Flex space in Marshall County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A 7,200-square-foot shop includes four offices, two bathrooms, and a break room.
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 $775,000.
What are key features of this property?
This property features: 7,200‑square‑foot shop building on 1.3 acres; Four offices, two bathrooms, and a break room; Three‑phase power
