Flex Building with Shop
New
For Sale
$229,000
4560 Bethsaida Road, Boaz, AL 35957
Business Opportunity, Boaz, AL
Property Size3,300 SF
Lot Size1.00 Acre
Price / SF$69.39
Days on Market3
Property Features for 4560 Bethsaida Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Driveway
Subdivision
Metes And Bounds
Directions
From Boaz At The Intersection Of Us Hwy 431 And Al Hwy 168 (Walgreens) Take Al Hwy 168 E Toward Kilpatrick For 2 Miles To Bethsaida Road And Turn Right. Go 0.1 Miles To The Property On The Left.
Standard status
Active
APN
1809290000025.001
Size
3,300 SF
Lot size
1.00 Acre
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1970
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Swafford Auction Group LLC
(256) 927-8900
Listed By:
Shane Swafford · License #58627
(256) 509-5172
Added: Sep 1
Last Checked: Sep 3 at 5:06AM
MLS# 21927968
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex property in Boaz includes a 3,300-square-foot metal building measuring 30 feet by 110 feet. The main structure has six front shop doors, one rear shop door, an office, a restroom, concrete flooring, and a metal roof. A rear lean-to adds covered workspace or storage, while a separate 26-foot by 38-foot metal arch building provides additional room for equipment, inventory, storage, or shop operations.
The property encompasses approximately 1 acre at 4560 Bethsaida Road in Boaz, Alabama. Public water and public sewer serve the site, and driveway parking is provided. Built in 1970, the facility offers a combination of enclosed work area, office support space, covered exterior area, and secondary storage or shop capacity.
The property encompasses approximately 1 acre at 4560 Bethsaida Road in Boaz, Alabama. Public water and public sewer serve the site, and driveway parking is provided. Built in 1970, the facility offers a combination of enclosed work area, office support space, covered exterior area, and secondary storage or shop capacity.
Key Highlights
- 3,300‑square‑foot main metal building on approximately 1 acre
- Main building measures 30 feet by 110 feet
- Six front shop doors plus one rear shop door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,945
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$378,900
$378.9K
Cap Rate 7%
$270,643
$270.6K
Cap Rate 9%
$210,500
$210.5K
Market Conditions
NOI Build-Up for 3,300 SF
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.
Gross rent
$31.7K $9.60/SF
− Vacancy
−$2.5K −$0.77/SF
EGI
$29.1K $8.83/SF
− OpEx
−$10.2K −$3.09/SF
NOI
$18.9K $5.74/SF
Area
Marshall County, AL
Vacancy
8.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$378,900
Cap Rate 7%
$270,643
Cap Rate 9%
$210,500
Alternative Uses
Best Use
Flex RnD
$270.6K
$236.8K – $315.8K
NOI $18,945 @ 7.0% cap · market cap 8.27%
Second Best
Warehouse
$203.4K
$178.0K – $237.3K
NOI $14,238 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$712.3K
$623.2K – $831.0K
NOI $49,858 @ 7.0% cap · market cap 21.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35957, AL
16,849
Population
6,755
Households
2.5
Avg Household Size
36
Median Age
13%
College-Educated
85%
High-School Grad
78.3 sq mi
ZIP Area
215
Density / Sq Mi
$53,859
Median Household Income
$35,277
Median Earnings
$679
Median Rent
$142,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Metal commercial facility with office, restroom, covered rear workspace, and a separate arch building for storage or shop use.
Where is this flex space located?
The property is located at 4560 Bethsaida Road Boaz, AL.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 3,300‑square‑foot main metal building on approximately 1 acre; Main building measures 30 feet by 110 feet; Six front shop doors plus one rear shop door
