Industrial/Office/Warehouse on 2.34
540 S Brindlee Mountain Parkway Arab, AL 35016
540 S Brindlee Mountain Parkway, Arab, AL, 35016
$1,250,000
For Sale
$1,250,000
One-story industrial/office/warehouse with mechanic shop on 2.34 acres.
Property Size19,095 SF
Lot Size2.34 Acres
Price / SF$65.46
Days on Market182
Property Features for 540 S Brindlee Mountain Parkway
General Information
- Standard status
- Active
- Size
- 19,095 SF
- Lot size
- 2.34 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1989
Listing Agency
RE/MAX Unlimited
(256) 513-1433
Listed by
Lachun Weaver · License #052962
(256) 513-1433
Source
Exitrealty
Added: Jan 19 Updated: Jul 10 at 12:09 pm Checked: Jul 20 at 2:42 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 RE/MAX Unlimited
Investment Insights
Based on property information with market context.
The property is a one-story industrial/office/warehouse building with 19,095 square feet of space, situated on a 2.34-acre site. Currently known as Gonetspeed Office/Warehouse, the property features six offices, a conference room, five bathrooms, and a full kitchen. Additionally, the property includes a three-bay mechanic shop equipped with a lift, a separate indoor wash bay, and office space. The property is located on US Highway 231 and Union Hill Road, offering high visibility. Traffic count at US 231 S and Union Hill Rd is between 18,300 and 18,500.
Key Highlights
- Located on US Highway 231 and Union Hill Road with high visibility and a traffic count of 18,300‑18,500.
- 19,095 sq ft industrial/office/warehouse space on a 2.34 acre site.
- Includes a three‑bay mechanic shop with lift, separate indoor wash bay, and office space.
Local 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 | $183.3k | $9.60 |
| − Vacancy | −$14.7k | −$0.77 |
| EGI | $168.6k | $8.83 |
| − OpEx | −$59.0k | −$3.09 |
| NOI | $109.6k | $5.74 |
19,095 SF · lease $9.60/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$3.07M
$2.69M – $3.59M
NOI $215,248 @ 7.0% cap · market cap 17.22%
Second Best
Retail
$1.74M
$1.52M – $2.03M
NOI $121,814 @ 7.0% cap · market cap 9.75%
Theoretical Best
Office A
$4.12M
$3.61M – $4.81M
NOI $288,496 @ 7.0% cap · market cap 23.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - One-story industrial/office/warehouse with mechanic shop on 2.34 acres.
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 $1,250,000.
What are key features of this property?
This property features: Located on US Highway 231 and Union Hill Road with high visibility and a traffic count of 18,300‑18,500.; 19,095 sq ft industrial/office/warehouse space on a 2.34 acre site.; **Includes a three‑bay mechanic shop with lift, separate indoor wash bay, and office space.**
