Five-Bay Automotive Shop with Paint
New
For Sale
$585,000
3980 Pleasant Valley Road, Attalla, AL 35954
Business Opportunity, Attalla, AL
Property Size11,360 SF
Lot Size4.50 Acres
Price / SF$51.50
Days on Market2
Property Features for 3980 Pleasant Valley Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Oversize, Parking Lot, Gated
Subdivision
Metes And Bounds
Lot features
Corner Lot
Directions
At The Corner Of Pleasant Valley Road And Etowah Street Se.
Standard status
Active
APN
1605160001191000 & 16051600010
Size
11,360 SF
Lot size
4.50 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Exhaust Fan (Cooling)
Water source
Public
Amenities
office space
conference room
bathrooms
16' ceilings
paint booth
horse stalls
storage
Building Details
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Sue Holland Realty LLC
Listed By:
Alexander Bynum · License #158533
(256) 467-3555
Added: Sep 25
Last Checked: Sep 26 at 2:06AM
MLS# 21930121
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Set on 4.5 acres, this automotive property includes three buildings. The front shop measures 36 by 120 feet and has an office, conference room, two bathrooms, 16-foot shop ceilings, and five service bays with 10-by-12-foot roll-up doors. A down-draft paint booth is also installed in the main building.
The second structure measures 66 by 80 feet and has an 18-inch slab and three 10-by-12-foot roll-up doors. Several horse stalls and storage space are also on the property. A separate 40-by-44-foot shed has been used for tractor and equipment storage. The site is fully fenced and has gated parking.
The second structure measures 66 by 80 feet and has an 18-inch slab and three 10-by-12-foot roll-up doors. Several horse stalls and storage space are also on the property. A separate 40-by-44-foot shed has been used for tractor and equipment storage. The site is fully fenced and has gated parking.
Key Highlights
- 4.5 acres, fully fenced
- Main building: 36' x 120', with office, conference room, and two bathrooms
- Five shop bays with 16' ceilings and 10' x 12' roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,748
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,034,960
$1.0M
Cap Rate 7%
$739,257
$739.3K
Cap Rate 9%
$574,978
$575.0K
Market Conditions
NOI Build-Up for 11,360 SF
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.
Gross rent
$79.1K $6.96/SF
− Vacancy
−$5.1K −$0.45/SF
EGI
$73.9K $6.51/SF
− OpEx
−$22.2K −$1.95/SF
NOI
$51.7K $4.56/SF
Area
Etowah County, AL
Vacancy
6.50%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,034,960
Cap Rate 7%
$739,257
Cap Rate 9%
$574,978
Alternative Uses
Best Use
Retail
$1.50M
$1.31M – $1.75M
NOI $104,966 @ 7.0% cap · market cap 17.94%
Second Best
Industrial
$739.3K
$646.9K – $862.5K
NOI $51,748 @ 7.0% cap · market cap 8.85%
Theoretical Best
Specialty Retail
$1.86M
$1.63M – $2.17M
NOI $130,019 @ 7.0% cap · market cap 22.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
5
Service bays
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35954, AL
12,145
Population
5,646
Households
2.2
Avg Household Size
42
Median Age
12%
College-Educated
86%
High-School Grad
106.6 sq mi
ZIP Area
114
Density / Sq Mi
$56,004
Median Household Income
$37,924
Median Earnings
$681
Median Rent
$130,600
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
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Frequently Asked Questions
What type of property is this?
Auto shop - Three enclosed structures provide shop, office, equipment-storage, and additional stall space.
Where is this auto shop located?
The property is located at 3980 Pleasant Valley Road Attalla, AL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 4.5 acres, fully fenced; Main building: 36' x 120', with office, conference room, and two bathrooms; Five shop bays with 16' ceilings and 10' x 12' roll‑up doors
