Brick Storefront Office
For Sale
$185,000
4401 Gary Ave, Fairfield, AL 35064
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 Market144
Property Features for 4401 Gary Ave
General Information
Standard status
Active
Size
1,108 SF
Class
C
Property subtype
Office
Additional Details
Business Included
Yes
Building Details
Building Size
1,108 SF
Year Built
1986
Listing Agency:
Red Rock Realty Group
Listed By:
Glenn Ponder · License #000071263
(205) 356-9884
Source:
Redrockrg
Added: Jun 1
Changed: Oct 13
Last Checked: Oct 20 at 6:24PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,473
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,460
$309.5K
Cap Rate 7%
$221,043
$221.0K
Cap Rate 9%
$171,922
$171.9K
Market Conditions
NOI Build-Up for 1,108 SF
Gross rent
$23.0K $20.76/SF
− Vacancy
−$897 −$0.81/SF
EGI
$22.1K $19.95/SF
− OpEx
−$6.6K −$5.99/SF
NOI
$15.5K $13.97/SF
Area
Jefferson County, AL
Vacancy
3.90%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,460
Cap Rate 7%
$221,043
Cap Rate 9%
$171,922
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 authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 35064, AL
10,149
Population
4,776
Households
2.1
Avg Household Size
39
Median Age
25%
College-Educated
95%
High-School Grad
3.6 sq mi
ZIP Area
2,819
Density / Sq Mi
$48,581
Median Household Income
$31,452
Median Earnings
$997
Median Rent
$119,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Fairfield Flower Deliviry — 42nd Alley, Fairfield, AL 35064
- McMillians Memorials and Florals — 1008 Pike Rd, Birmingham, AL 35218
Frequently Asked Questions
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
