New Commercial Property with
For Sale
$599,000
Pending
5311 Avenue K, Bessemer, AL 35020
New commercial property with expansion opportunities in a growing community.
Property Size6,000 SF
Lot Size4.71 Acres
Days on Market337
Property Features for 5311 Avenue K
General Information
Standard status
Pending
Size
6,000 SF
Lot size
4.71 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2025
Listing Agency:
Town Square Realty
(205) 565-6510
Listed By:
Juanita Graham
(205) 565-6510
Source:
Exitrealty
Added: Sep 3, 2025
Changed: Jul 10
Last Checked: Aug 5 at 6:53AM
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 Town Square Realty
Investment Insights
Based on property information with market context.
This newly built commercial property, expected to be completed in 2025, offers 6,000 square feet of space with flexible floor plan options. Situated on 4.710 acres, the property provides expansion opportunities and outdoor use. Ample parking is available to support customers, clients, or tenants. Located in Lipscomb, Alabama, the property offers convenient access to major thoroughfares. The property is suitable for owner-operators, investors, or developers seeking adaptable space. The seller will consider leasing.
Key Highlights
- Newly built in 2025, offering turnkey condition and immediate occupancy.
- Substantial 6,000 sq. ft. space with flexible floor plan options.
- Large 4.710‑acre lot providing expansion opportunities and outdoor use.
Financial Insights For Flex RnD
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 | $87.8k | $14.64 |
| − Vacancy | −$5.6k | −$0.94 |
| EGI | $82.2k | $13.70 |
| − OpEx | −$28.8k | −$4.80 |
| NOI | $53.4k | $8.91 |
6,000 SF · lease $14.64/SF/yr · vacancy 6.40% · expense 35.00%
Alternative Uses
Best Use
Industrial
$788.8K
$690.2K – $920.3K
NOI $55,215 @ 7.0% cap · market cap 9.22%
Second Best
Flex RnD
$763.5K
$668.0K – $890.7K
NOI $53,442 @ 7.0% cap · market cap 8.92%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M
NOI $144,488 @ 7.0% cap · market cap 24.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35020, AL
24,213
Population
12,327
Households
2
Avg Household Size
40
Median Age
10%
College-Educated
82%
High-School Grad
16.6 sq mi
ZIP Area
1,459
Density / Sq Mi
$33,247
Median Household Income
$27,762
Median Earnings
$856
Median Rent
$90,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - New commercial property with expansion opportunities in a growing community.
Where is this flex space located?
The property is located at 5311 Avenue K Bessemer, AL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Newly built in 2025, offering turnkey condition and immediate occupancy.; Substantial 6,000 sq. ft. space with flexible floor plan options.; Large 4.710‑acre lot providing expansion opportunities and outdoor use.
