Automotive Service Garage With
38023 US Highway 11 Valley Head, AL 35989
38023 US Highway 11, Valley Head, AL, 35989
$254,900
For Sale
$254,900
Open, operating service garage with three-bay shop, office, covered storage lean-tos, and included automotive equipment.
Property Size2,400 SF
Lot Size1.20 Acres
Price / SF$106.21
Days on Market719
Property Features for 38023 US Highway 11
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 1.20 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2007
Listing agency
BHHS Southern Routes Realty
(423) 290-1821
Listed by
Amy Crocker Mullins · License #341577
(423) 290-1821
Source
Exitrealty
Added: Aug 2, 2024 Updated: Jul 21 at 6:11AM Checked: Jul 21 at 6:11AM
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 BHHS Southern Routes Realty
Investment Insights
Based on property information with market context.
Scotty's Service Center is an open and operating automotive service garage featuring approximately 2,400 sq. ft. of shop space with three bays. The building also includes a 16x22 office area plus a 12x60 covered lean-to, along with an 18x20 gated lean-to for back-area storage.
The property sits on about 1.2 acres and offers roughly 250 feet of road frontage on US Hwy 11 in Hammondville (Valley Head, AL). Equipment included with the sale consists of four-post and two 2-post rotary lifts, Hunter brake lathe, Hunter tire changer, Coats wheel balance, a Porta cool fan, an Energy Logic Waste Oil Heater, and a box trailer for storage.
The property sits on about 1.2 acres and offers roughly 250 feet of road frontage on US Hwy 11 in Hammondville (Valley Head, AL). Equipment included with the sale consists of four-post and two 2-post rotary lifts, Hunter brake lathe, Hunter tire changer, Coats wheel balance, a Porta cool fan, an Energy Logic Waste Oil Heater, and a box trailer for storage.
Key Highlights
- Open and operating automotive service garage built in 2007 (Scotty's Service Center) in Hammondville.
- On 1.2 acres with 250' of road frontage on US Hwy 11.
- 2400 SF shop space with 3 bays plus a 16x22 office area.
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 | $23.0k | $9.60 |
| − Vacancy | −$2.3k | −$0.96 |
| EGI | $20.7k | $8.64 |
| − OpEx | −$6.2k | −$2.59 |
| NOI | $14.5k | $6.05 |
2,400 SF · lease $9.60/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$207.4K
$181.4K – $241.9K
NOI $14,515 @ 7.0% cap · market cap 5.69%
Second Best
Industrial
$114.3K
$100.0K – $133.4K
NOI $8,002 @ 7.0% cap · market cap 3.14%
Theoretical Best
Healthcare Medical
$386.6K
$338.3K – $451.1K
NOI $27,065 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Scotty's 2 Service Center — 38013 US-11, Valley Head, AL 35989
FAQs
What type of property is this?
Auto shop - Open, operating service garage with three-bay shop, office, covered storage lean-tos, and included automotive equipment.
Where is this auto shop located?
The property is located at 38023 US Highway 11 Valley Head, AL.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Open and operating automotive service garage built in 2007 (Scotty's Service Center) in Hammondville.; On 1.2 acres with 250' of road frontage on US Hwy 11.; 2400 SF shop space with 3 bays plus a 16x22 office area.
