Storefront Retail
For Sale
Contact for pricing
4685 Highway 17, Helena, AL 35080
For sale storefront retail building in Helena, offering a dedicated commercial space on Highway 17.
Property Size17,652 SF
Price / SF$209.61
Days on Market57
Property Features for 4685 Highway 17
General Information
Standard status
Active
Size
17,652 SF
Property subtype
Retail
Building Details
Year Built
1995
Listing Agency:
Engel Realty company, LLC
(205) 939-8233
Listed By:
Michael Johnson · License #AL 818050
Source:
Crexi
Added: Jun 12
Changed: Jul 10
Last Checked: Jul 28 at 6:09AM
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 Engel Realty company, LLC
Investment Insights
Based on property information with market context.
This for-sale storefront retail property offers approximately 17,652 square feet of commercial space, positioned for businesses that want a dedicated presence in a retail setting. The property is identified as a storefront and retail space, making it suitable for retail-oriented operators seeking a straightforward commercial footprint.
Located at 4685 Highway 17 in Helena, Alabama, the asset benefits from its placement in a growing Shelby County community. The provided information notes Helena’s population increase from approximately 20,900 residents in 2020 to more than 23,000 today, along with continued commercial investment in the area. Helena is also described as having strong local schools and an established network of amenities and services supporting residents and regional visitors throughout the Birmingham metropolitan area.
For tenant or buyer consideration, this property is best suited for retail users looking for a storefront format in Helena’s Shelby County market. The asset’s highway address and retail designation make it a practical option for companies that want consistent, customer-facing space within an active community environment, without relying on assumptions beyond the property’s described retail configuration and location.
Located at 4685 Highway 17 in Helena, Alabama, the asset benefits from its placement in a growing Shelby County community. The provided information notes Helena’s population increase from approximately 20,900 residents in 2020 to more than 23,000 today, along with continued commercial investment in the area. Helena is also described as having strong local schools and an established network of amenities and services supporting residents and regional visitors throughout the Birmingham metropolitan area.
For tenant or buyer consideration, this property is best suited for retail users looking for a storefront format in Helena’s Shelby County market. The asset’s highway address and retail designation make it a practical option for companies that want consistent, customer-facing space within an active community environment, without relying on assumptions beyond the property’s described retail configuration and location.
Key Highlights
- Storefront retail building for sale in Helena (Shelby County)
- Dedicated commercial space located on Highway 17
- Built in 1995
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
$166,255
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
4.49%
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%
$3,325,100
$3.3M
Cap Rate 7%
$2,375,071
$2.4M
Cap Rate 9%
$1,847,278
$1.8M
Market Conditions
NOI Build-Up for 17,652 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
$264.8K $15.00/SF
− Vacancy
−$27.3K −$1.55/SF
EGI
$237.5K $13.46/SF
− OpEx
−$71.3K −$4.04/SF
NOI
$166.3K $9.42/SF
Area
Shelby County, AL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$3,325,100
Cap Rate 7%
$2,375,071
Cap Rate 9%
$1,847,278
Alternative Uses
Best Use
Retail
$2.38M
$2.08M – $2.77M
NOI $166,255 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.14M
$3.63M – $4.83M
NOI $290,029 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
246k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 27%
Groceries 27%
Electronics 1%
Walmart Neighborhood Market
Groceries
36,638 visits/mo
0.1 miles
Publix
Groceries
29,648 visits/mo
0.1 miles
Chick-fil-A
Dining
26,345 visits/mo
0.2 miles
McDonald's
Dining
15,670 visits/mo
0.1 miles
Dollar Tree
Shops & Services
14,480 visits/mo
0.2 miles
Demographics for 35080, AL
19,692
Population
7,081
Households
2.8
Avg Household Size
36
Median Age
48%
College-Educated
97%
High-School Grad
46.1 sq mi
ZIP Area
427
Density / Sq Mi
$111,871
Median Household Income
$59,601
Median Earnings
$1,611
Median Rent
$278,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - For sale storefront retail building in Helena, offering a dedicated commercial space on Highway 17.
Where is this storefront property located?
The property is located at 4685 Highway 17 Helena, AL.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Storefront retail building for sale in Helena (Shelby County); Dedicated commercial space located on Highway 17; Built in 1995
