Office and Retail
4500 Highway 69 North Northport, AL 35473
4500 Highway 69 North, Northport, AL, 35473
$325,000
For Sale
$325,000
Highly visible Highway 69 North storefront with direct frontage and ample site area for office or retail use.
Property Size2,562 SF
Price / SF$126.85
Days on Market604
Property Features for 4500 Highway 69 North
General Information
- Standard status
- Active
- Size
- 2,562 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1940
Listing agency
HAMNER REAL ESTATE
(205) 345-0654
Listed by
Robert Shaw
(205) 345-0654
Source
Xome
Added: Nov 25, 2024 Updated: Jul 22 at 5:10AM Checked: Jul 22 at 5:10AM
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 HAMNER REAL ESTATE
Investment Insights
Based on property information with market context.
For sale: a highly visible storefront property suited for office or retail business use. The offering includes a direct 175 feet of frontage and is positioned on a site over one acre in size.
The property is located on heavily traveled Highway 69 North, with estimated 17,000 cars passing daily, supporting strong day-to-day exposure. The site is described as being in a convenient area with easy access to amenities and services in Northport and Tuscaloosa.
As presented, this is a straightforward retail/office format property built for straightforward customer and tenant access from Highway 69 North.
The property is located on heavily traveled Highway 69 North, with estimated 17,000 cars passing daily, supporting strong day-to-day exposure. The site is described as being in a convenient area with easy access to amenities and services in Northport and Tuscaloosa.
As presented, this is a straightforward retail/office format property built for straightforward customer and tenant access from Highway 69 North.
Key Highlights
- Highly visible Highway 69 North storefront with an estimated 17,000 cars passing daily
- 175' of direct frontage on Hwy 69 North
- Over 1‑acre site area for office or retail use
Local Financial Insights For Office B
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 | $50.7k | $19.80 |
| − Vacancy | −$11.2k | −$4.36 |
| EGI | $39.6k | $15.44 |
| − OpEx | −$9.9k | −$3.86 |
| NOI | $29.7k | $11.58 |
2,562 SF · lease $19.80/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$423.9K
$371.0K – $494.6K
NOI $29,676 @ 7.0% cap · market cap 9.13%
Second Best
Retail
$411.0K
$359.6K – $479.5K
NOI $28,771 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$615.7K
$538.7K – $718.3K
NOI $43,097 @ 7.0% cap · market cap 13.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Highly visible Highway 69 North storefront with direct frontage and ample site area for office or retail use.
Where is this storefront property located?
The property is located at 4500 Highway 69 North Northport, 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: Highly visible Highway 69 North storefront with an estimated 17,000 cars passing daily; 175' of direct frontage on Hwy 69 North; Over 1‑acre site area for office or retail use
