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Standalone Office Building
For Sale
$325,000

4453 Main Street, Grant, AL 35747

Business Opportunity, Grant, AL

Property Size1,450 SF
Lot Size0.30 Acres
Price / SF$224.14
Days on Market50

Property Features for 4453 Main Street

General Information

Property type Residential
Property subtype Office
Zoning description Unzoned
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features Parking Lot
Exterior features Sidewalks
Lot features High Visibility
Directions Take Al Hwy 72 West Towards Huntsville, Turn Left On Cathedral Caverns Hwy Turns Into Main St, Property Located On Right Side
Standard status Active
Size 1,450 SF
Lot size 0.30 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Flooring type Vinyl
Roof type Shingle
Listing Agency: Bhhs Rise-Scottsboro Branch
Listed By: Taylor Carlton · License #144127
Added: Aug 26 Changed: Oct 11 Last Checked: Oct 14 at 5:06AM
MLS# 21927391

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Investment Insights

Based on property information with market context.

This 1,450-square-foot office building occupies a 0.3-acre site at 4453 Main Street in Grant, Alabama. The standalone layout includes two sizable offices, two bathrooms, a front reception and waiting area, and several storage closets. Vinyl flooring, central heating, central air, a shingle roof, and sidewalk access are among the property features.

Recent improvements include the HVAC system, roof, and flooring, each completed less than three years ago. The property is currently leased to Alfa Insurance and includes a dedicated parking lot. Public water and public sewer serve the site.

Key Highlights

  • 1,450‑square‑foot standalone office building on a 0.3‑acre site
  • Two offices, two bathrooms, front waiting area, and multiple storage closets
  • Currently leased to Alfa Insurance

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 (±1% cap)
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 (±1% cap)
NOI $21,907 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Alfa Insurance - Jeremy ... Insurance Agency

Suggested Use

Top Pick HVAC Service Building Supply Plumbing Service Pharmacy Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Standalone office property with dedicated parking, public utilities, and a current Alfa Insurance lease.
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 on a 0.3‑acre site; Two offices, two bathrooms, front waiting area, and multiple storage closets; Currently leased to Alfa Insurance
More about this property
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