Brick Storefront Office
4401 GARY AVE Fairfield, AL 35064
4401 GARY AVE, Fairfield, AL, 35064
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For Sale
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Exceptionally maintained brick building built in 1986, offering a plug-and-play interior for professional or commercial use.
Property Size1,108 SF
Price / SF$166.97
Days on Market55
Property Features for 4401 GARY AVE
General Information
- Standard status
- Active
- Size
- 1,108 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1986
Listing agency
Red Rock Realty Group
Listed by
Glenn Ponder · License #000071263
Source
Crexi
Added: May 28 Updated: Jul 10 at 3:59PM Checked: Jul 19 at 7:20AM
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 Red Rock Realty Group
Investment Insights
Based on property information with market context.
This exceptionally maintained brick building was constructed in 1986 and offers approximately 1,108± SF of space. The interior is described as versatile, making it a practical fit for a small business owner or an investor looking for a plug-and-play setup. The property’s brick construction adds long-term structural durability.
The building is located on a high-visibility corridor in the Fairfield/Ensley area, designed to provide strong exposure for day-to-day business operations. Its curb presence and maintained condition support straightforward, professional use.
With its size and flexible interior layout, the property is positioned for professional and commercial tenants, including concepts that typically require an office or medical-style environment. For buyers, the offering is framed as an owner-occupied or investment option that may be considered as an alternative to leasing similar office or medical space in the surrounding area.
The building is located on a high-visibility corridor in the Fairfield/Ensley area, designed to provide strong exposure for day-to-day business operations. Its curb presence and maintained condition support straightforward, professional use.
With its size and flexible interior layout, the property is positioned for professional and commercial tenants, including concepts that typically require an office or medical-style environment. For buyers, the offering is framed as an owner-occupied or investment option that may be considered as an alternative to leasing similar office or medical space in the surrounding area.
Key Highlights
- Brick building built in 1986 with 1,108± SF of space
- Exceptionally maintained property with structural durability
- Versatile interior layout suited for a variety of professional or commercial uses
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 | $20.76 |
| − Vacancy | −$897 | −$0.81 |
| EGI | $22.1k | $19.95 |
| − OpEx | −$6.6k | −$5.99 |
| NOI | $15.5k | $13.97 |
1,108 SF · lease $20.76/SF/yr · vacancy 3.90% · expense 30.00%
Alternative Uses
Best Use
Office B
$278.9K
$244.1K – $325.4K
NOI $19,526 @ 7.0% cap · market cap 10.55%
Second Best
Retail
$221.0K
$193.4K – $257.9K
NOI $15,473 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$381.2K
$333.5K – $444.7K
NOI $26,682 @ 7.0% cap · market cap 14.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gary Law LLC
Law Firm
Smith & Hanson
Law Firm
Similar For Sale Nearby
Similar Off Market Nearby
- Fairfield Flower Deliviry — 42nd Alley, Fairfield, AL 35064
- McMillians Memorials and Florals — 1008 Pike Rd, Birmingham, AL 35218
FAQs
What type of property is this?
Storefront property - Exceptionally maintained brick building built in 1986, offering a plug-and-play interior for professional or commercial use.
Where is this storefront property located?
The property is located at 4401 GARY AVE Fairfield, AL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Brick building built in 1986 with 1,108± SF of space; Exceptionally maintained property with structural durability; Versatile interior layout suited for a variety of professional or commercial uses