3884 Highway 231, Laceys Spring, AL 35754
- Added:
- Jun 29, 2026
- Days on Market:
- 9
- Last Refresh:
- Jul 7 at 11:06 am
Property Features for 3884 Highway 231
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Driveway
- Standard status
- Active
- APN
- 0809300205003.000
- Size
- 1,600 SF
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
Listing agent Amber Atchley License #135364 (256) 541-5640
Listing office Matlock Realty Group, LLC 82 N Main Street, Arab, AL (256) 224-8165
Listing date Jun 29, 2026
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HighLights
- Shop building with 1,600 SF and concrete flooring
- Three large bay doors and driveway parking
- Former body shop setup with paint storage area and separate roll‑up door for painting vehicles
- Public water and septic tank sewer
Overview
The building is located just off a busy highway, providing practical visibility and convenient access for customers and deliveries in the day-to-day operation of an automotive business. Its configuration supports efficient movement of vehicles through service and paint areas without requiring extensive rearrangement.
For buyers looking for a turnkey starting point in collision repair, paint service, or general automotive work, the property’s bay-door setup and paint storage/roll-up door provide a functional base for day-to-day workflow. It is also a strong fit for an owner-operator who wants a service-oriented building that can accommodate work requiring multiple vehicle bays and a dedicated area associated with painting.
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 | $21.1k | $13.20 |
| − Vacancy | −$2.2k | −$1.39 |
| EGI | $18.9k | $11.81 |
| − OpEx | −$5.7k | −$3.54 |
| NOI | $13.2k | $8.27 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- ARY BODY SHOP — 3886 Hwy 231, Laceys Spring, AL 35754
Location Insight
- Map
- Local Demand
- City
- Laceys Spring
- County
- Morgan
- State
- Alabama
- Longitude
- -86.577549
- Latitude
- 34.482384
