Corner Lot Commercial
300 E 6th St Tuscumbia, AL 35674
300 E 6th St, Tuscumbia, AL, 35674
$239,900
For Sale
$239,900
1,500 sq ft corner lot with parking.
Property Size1,500 SF
Price / SF$159.93
Days on Market123
Property Features for 300 E 6th St
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1975
Listing Agency
Brickdriven Realty
(256) 366-7329
Listed by
Elana Clemons · License #000144857
(256) 366-7329
Source
Exitrealty
Added: Mar 17 Checked: Jul 10 at 3:55 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 Brickdriven Realty
Investment Insights
Based on property information with market context.
This 1,500 sq. ft. corner-lot property offers commercial space with parking and a security system. The layout includes a lobby/reception area, private offices/exam rooms, a kitchen/breakroom, and a bathroom. Previously utilized as a doctor’s office, real estate office, and car lot, the property is suitable for a range of businesses and is move-in ready.
Key Highlights
- 1,500 sq. ft. corner‑lot property.
- Includes parking and security system.
- Features a lobby/reception area, private offices/exam rooms, a kitchen/breakroom, and a bathroom.
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 | $21.1k | $14.04 |
| − Vacancy | −$4.6k | −$3.09 |
| EGI | $16.4k | $10.95 |
| − OpEx | −$4.1k | −$2.74 |
| NOI | $12.3k | $8.21 |
1,500 SF · lease $14.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$176.0K
$154.0K – $205.3K
NOI $12,320 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$239.5K
$209.6K – $279.5K
NOI $16,767 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tuscumbia Auto Sales
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 1,500 sq ft corner lot with parking.
Where is this office units located?
The property is located at 300 E 6th St Tuscumbia, AL.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1,500 sq. ft. corner‑lot property.; Includes parking and security system.; Features a lobby/reception area, private offices/exam rooms, a kitchen/breakroom, and a bathroom.
