Standalone Office
For Sale
$325,000
4453 Main Street, Grant, AL 35747
Two offices, a shared reception area, private parking, and recent building-system updates support a flexible office layout.
Property Size1,450 SF
Price / SF$224.14
Days on Market68
Property Features for 4453 Main Street
General Information
Standard status
Active
Size
1,450 SF
Property subtype
Office
Additional Details
Tenant in Place
Yes
Property Use
Office
Building Details
Building Size
1,450 SF
Buildings
1
Tenancy
Single
Listing Agency:
Bhhs Rise-Scottsboro Branch
Listed By:
Taylor Carlton · License #144127
(256) 609-5773
Source:
Intownpartners
Added: Aug 25
Changed: Oct 31
Last Checked: Oct 27 at 3:14AM
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 Rise-Scottsboro Branch
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Investment Insights
Based on property information with market context.
This standalone office property contains two offices, two bathrooms, a front common area arranged for waiting or reception, and several storage closets. The building totals 1,450 square feet and has a dedicated parking lot. HVAC, the roof, and flooring were updated less than three years ago.
The office is on Main Street in Grant, Alabama, at 4453 Main Street. It is currently leased to Alfa Insurance, an existing occupancy fact relevant to both leased-property and owner-user consideration.
The office is on Main Street in Grant, Alabama, at 4453 Main Street. It is currently leased to Alfa Insurance, an existing occupancy fact relevant to both leased-property and owner-user consideration.
Key Highlights
- 1,450‑square‑foot standalone office building
- Two offices and two bathrooms
- Front common area serves as a waiting or reception space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,345
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,900
$326.9K
Cap Rate 7%
$233,500
$233.5K
Cap Rate 9%
$181,611
$181.6K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$26.1K $18.00/SF
− Vacancy
−$4.3K −$2.97/SF
EGI
$21.8K $15.03/SF
− OpEx
−$5.4K −$3.76/SF
NOI
$16.3K $11.27/SF
Area
Marshall County, AL
Vacancy
16.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,900
Cap Rate 7%
$233,500
Cap Rate 9%
$181,611
Alternative Uses
Best Use
Office B
$233.5K
$204.3K – $272.4K
NOI $16,345 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$313.0K
$273.8K – $365.1K
NOI $21,907 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 35747, AL
6,173
Population
3,402
Households
1.8
Avg Household Size
43
Median Age
30%
College-Educated
89%
High-School Grad
75.3 sq mi
ZIP Area
82
Density / Sq Mi
$78,750
Median Household Income
$48,580
Median Earnings
$663
Median Rent
$219,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two offices, a shared reception area, private parking, and recent building-system updates support a flexible office layout.
Where is this office building located?
The property is located at 4453 Main Street Grant, AL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,450‑square‑foot standalone office building; Two offices and two bathrooms; Front common area serves as a waiting or reception space
