Montevallo Retail Space For
For Sale
Contact for pricing
356 Co Rd 54, Montevallo, AL 35115
Retail space available for purchase in Montevallo, Alabama.
Property Size2,560 SF
Price / SF$148.05
Days on Market962
Property Features for 356 Co Rd 54
General Information
Standard status
Active
Size
2,560 SF
Property subtype
Retail
Listing Agency:
Integtrity Real Estate
Listed By:
Bobby Bynum · License #Al 106724
(205) 500-1188
Source:
Crexi
Added: Mar 15, 2024
Changed: Oct 25
Last Checked: Nov 1 at 5:59AM
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 Integtrity Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate property, identified as retail space, is available for sale. The property offers a total size of 2560 square feet and is located in Montevallo, Alabama.
Key Highlights
- No property information was provided to generate selling points.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,111
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,220
$482.2K
Cap Rate 7%
$344,443
$344.4K
Cap Rate 9%
$267,900
$267.9K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$38.4K $15.00/SF
− Vacancy
−$4.0K −$1.55/SF
EGI
$34.4K $13.46/SF
− OpEx
−$10.3K −$4.04/SF
NOI
$24.1K $9.42/SF
Area
Shelby County, AL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,220
Cap Rate 7%
$344,443
Cap Rate 9%
$267,900
Alternative Uses
Best Use
Retail
$344.4K
$301.4K – $401.9K
NOI $24,111 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$600.9K
$525.8K – $701.0K
NOI $42,062 @ 7.0% cap · market cap 11.10%
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
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 35115, AL
15,260
Population
6,388
Households
2.4
Avg Household Size
34
Median Age
22%
College-Educated
82%
High-School Grad
123.4 sq mi
ZIP Area
124
Density / Sq Mi
$54,157
Median Household Income
$32,000
Median Earnings
$807
Median Rent
$165,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for purchase in Montevallo, Alabama.
Where is this retail space located?
The property is located at 356 Co Rd 54 Montevallo, AL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: No property information was provided to generate selling points.
