Cullman Office Space For
503 Clark Cullman, AL 35055
503 Clark, Cullman, AL, 35055
$300,000
For Sale
$300,000
2,270 SF office space near Cullman's Central Business District.
Property Size2,270 SF
Price / SF$132.16
Days on Market183
Property Features for 503 Clark
General Information
- Standard status
- Active
- Size
- 2,270 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1950
Listing Agency
Culpepper Real Estate
(256) 739-1389
Listed by
Lauren Roden · License #168392
Source
Exitrealty
Added: Jan 15 Checked: Jul 16 at 3:49 am
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 Culpepper Real Estate
Investment Insights
Based on property information with market context.
This commercial office space offers 2,270 square feet of workspace. The layout includes a breakroom, two restrooms, and offices. Attic storage is available. The property features a spacious lot with room for additional parking or expansion. It is located minutes from Cullman’s Central Business District, medical offices, and the hospital. This property is suitable for professional services, boutique firms, or healthcare-adjacent businesses seeking visibility and convenience.
Key Highlights
- Prime location minutes from Cullman's Central Business District, medical offices, and the hospital.
- 2,270 square feet of commercial office space.
- Spacious lot with room for additional parking or expansion.
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 | $28.6k | $12.60 |
| − Vacancy | −$4.6k | −$2.02 |
| EGI | $24.0k | $10.58 |
| − OpEx | −$6.0k | −$2.65 |
| NOI | $18.0k | $7.94 |
2,270 SF · lease $12.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$257.4K
$225.2K – $300.3K
NOI $18,019 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.7K
$292.8K – $390.4K
NOI $23,426 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gordon Deborah MD
Physician
Robert Chadband
Physician
Tammy Cornelius
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 2,270 SF office space near Cullman's Central Business District.
Where is this office units located?
The property is located at 503 Clark Cullman, AL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Prime location minutes from Cullman's Central Business District, medical offices, and the hospital.; **2,270 square feet of commercial office space.**; Spacious lot with room for additional parking or expansion.
