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Automotive Shop with Living Quarters
For Sale
$750,000

3098 Alabama Highway 75, Albertville, AL 35951

Business Opportunity, Albertville, AL

Property Size4,000 SF
Lot Size1.00 Acre
Price / SF$187.50
Days on Market98

Property Features for 3098 Alabama Highway 75

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business, Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features Oversize, Parking Lot
Lot features High Visibility
Directions Intersection Of 431 And Highway 75 He Will Take Highway 75 N. About 6 Miles On The Right
Standard status Active
APN 1709310000026.000
Size 4,000 SF
Lot size 1.00 Acre

Utilities

Sewer type Septic Tank
Heating system Space Heater
Cooling system Window Unit(s)
Water source Public

Building Details

Floors in Building 1
Flooring type Concrete
Roof type Metal
Listing Agency: Main Street Realty Plus, LLC
Listed By: Truman Milner
Added: Jul 16 Changed: Oct 20 Last Checked: Oct 21 at 9:06PM
MLS# 21894445

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 4,000-square-foot automotive shop occupies 1 acre at 3098 Alabama Highway 75 outside Albertville city limits. The building includes vehicle lifts and air compressors that convey with the property, along with a complete area configured for living quarters or office use. Two bathrooms are also present.

Concrete flooring, a metal roof, space-heater warmth, and window-unit cooling serve the existing structure. The site includes an oversized parking lot, public water, and a septic tank. Its current automotive improvements can remain in place for shop operations, while the additional interior area provides flexibility for office or residential use.

Key Highlights

  • 4,000‑square‑foot automotive shop on 1 acre
  • Vehicle lifts and air compressors convey with the property
  • Complete living quarters or office area included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,090
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$901,800 $901.8K
Cap Rate 7%
$644,143 $644.1K
Cap Rate 9%
$501,000 $501.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$11.9K −$2.97/SF
EGI
$60.1K $15.03/SF
− OpEx
−$15.0K −$3.76/SF
NOI
$45.1K $11.27/SF
Area
Marshall County, AL
Vacancy
16.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$901,800
Cap Rate 7%
$644,143
Cap Rate 9%
$501,000

Alternative Uses

Best Use
Office B
$644.1K
$563.6K – $751.5K (±1% cap)
NOI $45,090 @ 7.0% cap · market cap 6.01%
Second Best
Retail
$364.5K
$319.0K – $425.3K (±1% cap)
NOI $25,518 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$863.3K
$755.4K – $1.01M (±1% cap)
NOI $60,434 @ 7.0% cap · market cap 8.06%
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

Auto shops

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
Well-served
Demand for This Use

Demographics for 35951, AL

14,219
Population
5,778
Households
2.5
Avg Household Size
36
Median Age
14%
College-Educated
75%
High-School Grad
77.8 sq mi
ZIP Area
183
Density / Sq Mi
$51,869
Median Household Income
$30,701
Median Earnings
$688
Median Rent
$147,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • BUDDY'S AUTO REPAIR — 3098 AL-75, Albertville, AL 35951

Frequently Asked Questions

What type of property is this?
Auto shop - Vehicle lifts, air compressors, and adaptable living or office space support continued automotive use or conversion.
Where is this auto shop located?
The property is located at 3098 Alabama Highway 75 Albertville, AL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,000‑square‑foot automotive shop on 1 acre; Vehicle lifts and air compressors convey with the property; Complete living quarters or office area included
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