Flex Space Building with Three
5402 Birmingport Road Mulga, AL 35118
5402 Birmingport Road, Mulga, AL, 35118
$275,000
For Sale
$275,000
Three office spaces offer configurable layout, plus a private restroom, flexible back area, and storage cooler.
Property Size1,942 SF
Price / SF$141.61
Days on Market374
Property Features for 5402 Birmingport Road
General Information
- Standard status
- Active
- Size
- 1,942 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1972
Listing agency
Keller Williams Realty Vestavia
(205) 919-0423
Listed by
Kyle McReynolds · License #103726
(205) 919-0423
Source
Exitrealty
Added: Jul 13, 2025 Updated: Jul 21 at 1:09AM Checked: Jul 21 at 4:29AM
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 Keller Williams Realty Vestavia
Investment Insights
Based on property information with market context.
This flex space building includes three office spaces that can be used together as one headquarters or separated for multiple tenants. The interior also features a private restroom, a flexible mixed-use area in the back, and a storage cooler suited to businesses needing controlled storage.
Located at 5402 Birmingport Road in Mulga, Alabama, the property is described as being conveniently right off the highway, supporting straightforward access for customers, employees, and deliveries.
Located at 5402 Birmingport Road in Mulga, Alabama, the property is described as being conveniently right off the highway, supporting straightforward access for customers, employees, and deliveries.
Key Highlights
- Commercial building built in 1972
- Includes three office spaces with flexible configuration for one headquarters or divided use
- Private restroom on site
Local Financial Insights For Industrial
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 | $26.6k | $13.68 |
| − Vacancy | −$1.0k | −$0.53 |
| EGI | $25.5k | $13.15 |
| − OpEx | −$7.7k | −$3.94 |
| NOI | $17.9k | $9.20 |
1,942 SF · lease $13.68/SF/yr · vacancy 3.90% · expense 30.00%
Alternative Uses
Best Use
Office B
$488.9K
$427.8K – $570.4K
NOI $34,223 @ 7.0% cap · market cap 12.44%
Second Best
Industrial
$255.3K
$223.4K – $297.9K
NOI $17,871 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$668.1K
$584.6K – $779.4K
NOI $46,766 @ 7.0% cap · market cap 17.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Three office spaces offer configurable layout, plus a private restroom, flexible back area, and storage cooler.
Where is this flex space located?
The property is located at 5402 Birmingport Road Mulga, AL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Commercial building built in 1972; Includes three office spaces with flexible configuration for one headquarters or divided use; Private restroom on site
