500 Kelsey Ave, Muscle Shoals, AL 35661
Concrete-slab commercial building with showroom/office space, three restrooms, and a kitchen area.
- Added:
- Apr 24, 2026
- Days on Market:
- 72
- Last Refresh:
- Jul 1 at 3:58 am
Property Features for 500 Kelsey Ave
General Information
- Standard status
- Active
- Size
- 3,660 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2000
Listing office EXIT River City Realty (256) 710-2070
Listing date Apr 24, 2026
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of EXIT River City Realty
HighLights
- Commercial building built in 2000 with concrete‑slab construction
- Lots of showroom/office space for flexible use
- Includes 3 restrooms
- Kitchen area included
Overview
The property is located at 500 Kelsey Ave in Muscle Shoals, Alabama. As a stand-alone commercial building, it offers a straightforward footprint for users seeking a mix of work space and customer-facing space.
With a proven history as an operating business location and a layout designed for both showroom and office needs, this property is a practical fit for owners or buyers looking to occupy space or position a business headquarters with on-site customer-facing areas. The on-site restroom count and kitchen area help accommodate staff and visitors without requiring off-site facilities.
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 | $51.4k | $14.04 |
| − Vacancy | −$11.3k | −$3.09 |
| EGI | $40.1k | $10.95 |
| − OpEx | −$10.0k | −$2.74 |
| NOI | $30.1k | $8.21 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Dixie Carpet & Tile — 675 Waverly Ave, Muscle Shoals, AL 35661
Location Insight
- Map
- Local Demand
- City
- Muscle Shoals
- County
- Colbert
- State
- Alabama
- Longitude
- -87.6700723
- Latitude
- 34.7574498
