Flex Space with Three-Bay
New
For Sale
$1,100,000
540 S Brindlee Mountain Parkway, Arab, AL 35016
Business Opportunity, Arab, AL
Property Size20,445 SF
Lot Size2.34 Acres
Price / SF$53.80
Days on Market2
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Property Features for 540 S Brindlee Mountain Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business, Commercial, Industrial
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 4, Bathroom 3
Parking features
Parking Lot, Driveway, Gated
Subdivision
Street
Lot features
High Visibility
Directions
Highway 231 In Arab South Of The Overpass At Highway 69 On The Right. Corner Of Us Highway 231 And Union Hill Road
Standard status
Active
APN
1307264000028.000
Size
20,445 SF
Lot size
2.34 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
6 offices
conference room
5 baths
full kitchen
three-bay mechanic shop with lift
separate indoor wash bay
office space
drive thru for 18 wheelers
loading dock
Building Details
Year built
1989
Floors in Building
1
Flooring type
Vinyl, Carpet, Concrete
Roof type
Shingle, Metal
Listing Agency:
Premiere Realty Group LLC
(256) 586-7450
Listed By:
Lachun Weaver · License #52962
(256) 513-1433
Added: Oct 14
Last Checked: Oct 15 at 2:06PM
MLS# 21931625
Copyright © 2026 ValleyMLS.Com,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.
This one-story flex property occupies a 2.34-acre site and brings together office, warehouse, and automotive service functions. The office area includes six offices, a conference room, five bathrooms, and a full kitchen. The mechanic shop has three service bays, a lift, a separate indoor wash bay, and additional office space. Warehouse features include a drive-through configuration for 18-wheelers and a loading dock.
The property is located on US Highway 231 at Union Hill Road. The reported traffic count at the intersection of US 231 S and Union Hill Road is 18,300–18,500. The building was constructed in 1989.
The property is located on US Highway 231 at Union Hill Road. The reported traffic count at the intersection of US 231 S and Union Hill Road is 18,300–18,500. The building was constructed in 1989.
Key Highlights
- 2.34‑acre site
- Six offices, a conference room, five bathrooms, and a full kitchen
- Three‑bay mechanic shop with lift and separate indoor wash bay
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,212
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,764,240
$1.8M
Cap Rate 7%
$1,260,171
$1.3M
Cap Rate 9%
$980,133
$980.1K
Market Conditions
NOI Build-Up for 20,445 SF
Gross rent
$110.4K $5.40/SF
− Vacancy
−$6.6K −$0.32/SF
EGI
$103.8K $5.08/SF
− OpEx
−$15.6K −$0.76/SF
NOI
$88.2K $4.31/SF
Area
Marshall County, AL
Vacancy
6.00%
Lease Rate
$5.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,764,240
Cap Rate 7%
$1,260,171
Cap Rate 9%
$980,133
Alternative Uses
Best Use
Retail
$1.86M
$1.63M – $2.17M
NOI $130,426 @ 7.0% cap · market cap 11.86%
Second Best
Flex RnD
$1.68M
$1.47M – $1.96M
NOI $117,371 @ 7.0% cap · market cap 10.67%
Theoretical Best
Office A
$4.41M
$3.86M – $5.15M
NOI $308,893 @ 7.0% cap · market cap 28.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Service bays
18,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35016, AL
17,495
Population
7,372
Households
2.4
Avg Household Size
42
Median Age
22%
College-Educated
89%
High-School Grad
79.0 sq mi
ZIP Area
221
Density / Sq Mi
$60,910
Median Household Income
$36,939
Median Earnings
$758
Median Rent
$192,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The property combines office, warehouse, and vehicle-service areas on a 2.34-acre parcel.
Where is this flex space located?
The property is located at 540 S Brindlee Mountain Parkway Arab, AL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2.34‑acre site; Six offices, a conference room, five bathrooms, and a full kitchen; Three‑bay mechanic shop with lift and separate indoor wash bay
