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Flex Property with Office Space
For Sale
$472,000

46134 HWY 31, Castleberry, AL 36432

Commercial Sale, Castleberry, AL

Property SizeContact for details
Lot Size5.00 Acres
Days on Market69

Property Features for 46134 HWY 31

General Information

Property type Commercial Sale
Property subtype Other
Directions call Agent
Subdivision Escambia County, AL
Standard status Active
APN 30 04 02 03 0 200 005.003
Lot size 5.00 Acres

Taxes and HOA fees

Tax Description 30 04 02 03 0 200 005.003 northeast 5 acres of the whole the parcel
Legal Description 30 04 02 03 0 200 005.003 northeast 5 acres of the whole the parcel

Amenities

Six private offices
Reception area
Full kitchen
Break room
Men's and women's restrooms
Listing Agency: Hope Realty & Development
Listed By: Edward P Reeves · License #000048140
Added: Aug 3 Changed: Oct 8 Last Checked: Oct 10 at 2:06AM
MLS# 406534

Copyright © 2026 Baldwin REALTORS®. 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.

Set on approximately five acres, this flex property includes two metal buildings, each measuring 30 feet by 60 feet. The office area is heated and cooled, with six private offices, a reception area, a full kitchen, a break room, and separate men’s and women’s restrooms. A large workshop has utilities in place.

The property fronts Highway 31 near Castleberry, Alabama.

Key Highlights

  • Approximately five acres with frontage along Highway 31
  • Two metal buildings, each measuring 30 feet by 60 feet
  • Heated and cooled office area with six private offices and a reception area

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby
Well-served
Demand for This Use

Demographics for 36432, AL

2,326
Population
1,138
Households
2
Avg Household Size
50
Median Age
10%
College-Educated
79%
High-School Grad
137.6 sq mi
ZIP Area
17
Density / Sq Mi
$45,802
Median Household Income
$39,292
Median Earnings
$721
Median Rent
$53,600
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
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Frequently Asked Questions

What type of property is this?
Flex space - Highway 31 frontage accompanies dedicated office and workshop areas.
Where is this flex space located?
The property is located at 46134 HWY 31 Castleberry, AL.
What is the asking price?
The asking price for this property is $472,000.
What are key features of this property?
This property features: Approximately five acres with frontage along Highway 31; Two metal buildings, each measuring 30 feet by 60 feet; Heated and cooled office area with six private offices and a reception area
More about this property
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