356 Co Rd 54, Montevallo, AL 35115
Retail space available for purchase in Montevallo, Alabama.
- Added:
- Mar 15, 2024
- Days on Market:
- 825
- Last Refresh:
- May 12 at 9:21 pm
Property Features for 356 Co Rd 54
General Information
- Standard status
- Active
- Size
- 2,560 SF
- Property subtype
- Retail
Listing agent Bobby Bynum License #Al 106724
Listing office Integtrity Real Estate
Listing date Mar 15, 2024
Source Crexi
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
HighLights
- No property information was provided to generate selling points.
Overview
Local Financial Insights For Retail
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 | $38.4k | $15.00 |
| − Vacancy | −$4.0k | −$1.55 |
| EGI | $34.4k | $13.46 |
| − OpEx | −$10.3k | −$4.04 |
| NOI | $24.1k | $9.42 |
Alternative Uses
Current Use by Public Records
Map
- City
- Montevallo
- County
- Shelby
- State
- Alabama
- Longitude
- -86.934046
- Latitude
- 33.150456
