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Office Building with Full Basement

3674 HELENA RD, Helena, AL 35080

For Sale
Contact for pricing

O&I zoning and a room-based interior support consideration for office or institutional use, subject to approvals.

Property Size2,100 SF
Lot Size1.31 Acres
Price / SF$178.52
Days on Market13

Property Features for 3674 HELENA RD

General Information

Standard status Active
Size 2,100 SF
Lot size 1.31 Acres
Property subtype Office
Zoning O&I

Additional Details

Road Access Yes
Property Use Office

Building Details

Buildings 1
Listing Agency: Keller Williams Homewood
Listed By: Jason Koenig · License AL 000079766-2
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 10 at 7:02AM

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 Keller Williams Homewood

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property includes approximately 2,100 square feet of finished, heated and cooled space on 1.31 acres. Its existing residential-style building has a full basement, several rooms, a kitchen and multiple restrooms. Office, medical, consulting, educational or institutional conversion would require applicable approvals; future site work or expansion is subject to municipal approval.

Frontage along Helena Road places the site across from Helena Middle School and near Old Town Helena, County Road 52, residential neighborhoods and local businesses.

Key Highlights

  • 1.31‑acre property zoned Office & Institutional (O&I)
  • Approximately 2,100 SF of finished, heated and cooled interior space
  • Full basement, multiple rooms, kitchen and multiple restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,113
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,260 $442.3K
Cap Rate 7%
$315,900 $315.9K
Cap Rate 9%
$245,700 $245.7K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$37.8K $18.00/SF
− Vacancy
−$8.3K −$3.96/SF
EGI
$29.5K $14.04/SF
− OpEx
−$7.4K −$3.51/SF
NOI
$22.1K $10.53/SF
Area
Shelby County, AL
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,260
Cap Rate 7%
$315,900
Cap Rate 9%
$245,700

Alternative Uses

Best Use
Office B
$315.9K
$276.4K – $368.6K (±1% cap)
NOI $22,113 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$492.9K
$431.3K – $575.1K (±1% cap)
NOI $34,504 @ 7.0% cap · market cap 9.20%
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

Reaching Wholeness LLC Counselor

Suggested Use

Top Pick Auto Repair Shop Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 35080, AL

19,692
Population
7,081
Households
2.8
Avg Household Size
36
Median Age
48%
College-Educated
97%
High-School Grad
46.1 sq mi
ZIP Area
427
Density / Sq Mi
$111,871
Median Household Income
$59,601
Median Earnings
$1,611
Median Rent
$278,500
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

Frequently Asked Questions

What type of property is this?
Office building - O&I zoning and a room-based interior support consideration for office or institutional use, subject to approvals.
Where is this office building located?
The property is located at 3674 HELENA RD Helena, AL.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 1.31‑acre property zoned Office & Institutional (O&I); Approximately 2,100 SF of finished, heated and cooled interior space; Full basement, multiple rooms, kitchen and multiple restrooms
(205) 283-6391 Call to check price and availability
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