Church Property with Event
For Sale
Contact for pricing
3107 OAKWOOD BLVD, Sheffield, AL 35660
A 1948 facility identified for church, wedding venue, and event venue use.
Property Size3,586 SF
Price / SF$80.84
Days on Market59
Property Features for 3107 OAKWOOD BLVD
General Information
Standard status
Active
Size
3,586 SF
Property subtype
Mixed Use, Special Purpose, Hospitality
Building Details
Year Built
1948
Stories
1
Units
1
Listing Agency:
NXCEL Realty
Listed By:
Josh Rumble · License #AL 927630
(256) 567-3645
Source:
Crexi
Added: Aug 17
Changed: Oct 1
Last Checked: Oct 12 at 8:06PM
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 NXCEL Realty
Investment Insights
Based on property information with market context.
This church and specialty property includes 3,586 square feet of building area and dates to 1948. The property is identified for church, wedding venue, and event venue applications.
Located at 3107 Oakwood Blvd in Sheffield, Alabama, the facility is also described as a mixed-use and special-purpose property.
Located at 3107 Oakwood Blvd in Sheffield, Alabama, the facility is also described as a mixed-use and special-purpose property.
Key Highlights
- 3,586‑square‑foot church property
- Built in 1948
- Identified for church, wedding venue, and event venue use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,668
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,360
$473.4K
Cap Rate 7%
$338,114
$338.1K
Cap Rate 9%
$262,978
$263.0K
Market Conditions
NOI Build-Up for 3,586 SF
Gross rent
$43.0K $12.00/SF
− Vacancy
−$5.2K −$1.44/SF
EGI
$37.9K $10.56/SF
− OpEx
−$14.2K −$3.96/SF
NOI
$23.7K $6.60/SF
Area
Colbert County, AL
Vacancy
12.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,360
Cap Rate 7%
$338,114
Cap Rate 9%
$262,978
Alternative Uses
Best Use
Mixed Use
$338.1K
$295.9K – $394.5K
NOI $23,668 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$572.6K
$501.1K – $668.1K
NOI $40,085 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
Explore this area
Business Placement
Demographics for 35660, AL
9,434
Population
5,139
Households
1.8
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
6.2 sq mi
ZIP Area
1,522
Density / Sq Mi
$42,510
Median Household Income
$31,302
Median Earnings
$850
Median Rent
$129,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Church & religious facility - A 1948 facility identified for church, wedding venue, and event venue use.
Where is this church & religious facility located?
The property is located at 3107 OAKWOOD BLVD Sheffield, AL.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 3,586‑square‑foot church property; Built in 1948; Identified for church, wedding venue, and event venue use
