Flex Space with Service
For Sale
$1,100,000
540 S Brindlee Mountain Parkway, Arab, AL 35016
Office and warehouse areas are complemented by a three-bay mechanic shop and indoor vehicle wash bay.
Property Size20,445 SF
Lot Size2.34 Acres
Price / SF$53.80
Days on Market17
Property Features for 540 S Brindlee Mountain Parkway
General Information
Standard status
Active
Size
20,445 SF
Lot size
2.34 Acres
Property subtype
COMMERCIAL
Site & Location
Traffic Count
18,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Automotive
Service Bays
3
Car Wash Bays
1
Additional Details
Dock-High Doors
1
Real Estate Included
Yes
Property Use
Industrial/Office/Warehouse
Amenities
Conference Room
Full Kitchen
Building Details
Building Size
20,445 SF
Year Built
1989
Buildings
1
Stories
1
Listing Agency:
Premiere Realty Group LLC
Listed By:
Lachun Weaver · License #52962
(256) 489-9000
Source:
Intownpartners
Added: Oct 14
Changed: Oct 26
Last Checked: Oct 26 at 3:32PM
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 Premiere Realty Group LLC
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Investment Insights
Based on property information with market context.
This single-story flex property occupies a 2.34-acre site and combines office, warehouse, and automotive service areas. The office layout includes six offices, a conference room, five bathrooms, and a full kitchen. The mechanic shop has three service bays and a lift, with a separate indoor wash bay and additional office space. The warehouse is configured for truck drive-through access and has a loading dock.
The property fronts US Highway 231 at Union Hill Road. The reported traffic count at that intersection is 18,300–18,500.
The property fronts US Highway 231 at Union Hill Road. The reported traffic count at that intersection is 18,300–18,500.
Key Highlights
- 2.34‑acre site with office, warehouse, and automotive service space
- 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.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
3
Service bays
18,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
443
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas are complemented by a three-bay mechanic shop and indoor vehicle wash bay.
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 with office, warehouse, and automotive service space; Six offices, a conference room, five bathrooms, and a full kitchen; Three‑bay mechanic shop with lift and separate indoor wash bay
