Highway Frontage Mixed-Use
For Sale
Contact for pricing
33707 Highway 280, Childersburg, AL 35044
Mixed-use property with highway frontage and tenant in place.
Property Size2,885 SF
Price / SF$129.98
Days on Market287
Property Features for 33707 Highway 280
General Information
Standard status
Active
Size
2,885 SF
Property subtype
Mixed Use
Zoning
Commercial
Building Details
Year Built
1982
Buildings
1
Stories
1
Listing Agency:
RealtySouth Chelsea Branch
(205) 585-1434
Listed By:
Misty Dodson · License #AL00103290
Source:
Crexi
Added: Oct 29, 2025
Changed: Aug 11
Last Checked: Aug 10 at 4:59AM
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 RealtySouth Chelsea Branch
Investment Insights
Based on property information with market context.
This mixed-use property offers a 2885 square foot interior suitable for a multitude of business opportunities. The building features one full bath and one half bath, along with a utility sink. The HVAC system is fairly new, and the roof is approximately 6 to 7 years old. Located on US Highway 280, the property benefits from high visibility and property access to 8th Avenue. The interior space allows for possible reconfiguration depending on specific needs. The property is currently tenant-occupied, presenting an investment opportunity.
Key Highlights
- Prime location on US Highway 280 with high visibility
- Tenant in place providing immediate investment income
- Spacious 2885 sq. ft. interior allowing for reconfiguration
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,041
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$380,820
$380.8K
Cap Rate 7%
$272,014
$272.0K
Cap Rate 9%
$211,567
$211.6K
Market Conditions
NOI Build-Up for 2,885 SF
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.
Gross rent
$34.6K $12.00/SF
− Vacancy
−$4.2K −$1.44/SF
EGI
$30.5K $10.56/SF
− OpEx
−$11.4K −$3.96/SF
NOI
$19.0K $6.60/SF
Area
Talladega 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$380,820
Cap Rate 7%
$272,014
Cap Rate 9%
$211,567
Alternative Uses
Best Use
Mixed Use
$272.0K
$238.0K – $317.4K
NOI $19,041 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$590.1K
$516.3K – $688.5K
NOI $41,307 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Explore this area
Business Placement
Demographics for 35044, AL
7,771
Population
3,804
Households
2
Avg Household Size
42
Median Age
12%
College-Educated
83%
High-School Grad
71.8 sq mi
ZIP Area
108
Density / Sq Mi
$50,448
Median Household Income
$36,999
Median Earnings
$792
Median Rent
$120,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with highway frontage and tenant in place.
Where is this mixed-use property located?
The property is located at 33707 Highway 280 Childersburg, AL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime location on US Highway 280 with high visibility; Tenant in place providing immediate investment income; Spacious 2885 sq. ft. interior allowing for reconfiguration
