500 Kelsey Ave Muscle Shoals, AL 35661
COMMERCIAL - Muscle Shoals, AL
- Added:
- Apr 23, 2026
- Days on Market:
- 80
- Last Refresh:
- Jul 11 at 7:06 am
Property Features for 500 Kelsey Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 00 Commercial
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- 0707352004001003
- Size
- 3,660 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- LOTS 329 THRU 331 HIGHLAND PARK #1 120 X 120 /DB 2004-13 PG 468
- Tax Annual Amount
- 2167
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 2000
Listing agent Jackie C Wallace License #0000736650 (256) 284-7781
Listing office EXIT River City Realty 4221 Huntsville Rd, Florence, AL (256) 284-7781
Listing date Apr 23, 2026
Copyright © 2026 Strategic MLS Alliance, 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.
The property is located at 500 Kelsey Ave in Muscle Shoals, Alabama, in Colbert County. It is zoned for commercial use.
With its combination of multiple rooms suited to either showroom or office functions and essential back-of-house features, the building provides a practical footprint for an owner-occupant or business seeking flexible space within a single property.
Key Highlights
- Commercial building built in 2000 on a concrete slab
- Lots of showroom or office space, plus a kitchen area
- Includes 3 restrooms
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 |
