Commercial Land Parcel with Existing
For Sale
$1,050,000
5422 Mcclellan Blvd, Anniston, AL 36206
Prime commercial land parcel with an existing pad and high-visibility frontage on McClellan Blvd.
Property Size13,125 SF
Lot Size3.04 Acres
Days on Market158
Property Features for 5422 Mcclellan Blvd
General Information
Standard status
Active
Size
13,125 SF
Lot size
3.04 Acres
Property subtype
Land / Existing Pad
Zoning
SC
Additional Details
Traffic Count
28,919 vehicles/day
Building Details
Building Size
13,125 SF
Year Built
1985
Listing Agency:
Cushman & Wakefield / EGS Commercial Real Estate
Listed By:
Hunter Houston · License #0001507121
(205) 314-5548
Source:
Egsinc
Added: Apr 1
Changed: Sep 3
Last Checked: Sep 5 at 6:32AM
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 Cushman & Wakefield / EGS Commercial Real Estate
Investment Insights
Based on property information with market context.
Prime commercial land parcel located along McClellan Blvd, offering high-visibility frontage with approximately 28,919 vehicles per day and an existing pad in place. The property is zoned SC (Suburban Corridor), allowing for a variety of commercial uses, and it has been positioned for straightforward retail, office, or service-oriented development.
The site is adjacent to Walmart, supporting day-to-day retail activity and convenient access to daily needs. Jacksonville State University is also close by, providing an additional nearby customer base from students and faculty.
With frontage, an existing pad, and SC zoning, this parcel presents a practical foundation for a range of commercial projects in a growing Anniston corridor.
The site is adjacent to Walmart, supporting day-to-day retail activity and convenient access to daily needs. Jacksonville State University is also close by, providing an additional nearby customer base from students and faculty.
With frontage, an existing pad, and SC zoning, this parcel presents a practical foundation for a range of commercial projects in a growing Anniston corridor.
Key Highlights
- Prime ±3.04‑acre commercial parcel along McClellan Blvd in a growing Anniston corridor
- High‑visibility frontage with approximately 28,919 vehicles per day (per traffic count provided)
- Existing pad in place
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$94,264
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,885,280
$1.9M
Cap Rate 7%
$1,346,629
$1.3M
Cap Rate 9%
$1,047,378
$1.0M
Market Conditions
NOI Build-Up for 13,125 SF
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.
Gross rent
$149.6K $11.40/SF
− Vacancy
−$15.0K −$1.14/SF
EGI
$134.7K $10.26/SF
− OpEx
−$40.4K −$3.08/SF
NOI
$94.3K $7.18/SF
Area
Calhoun County, AL
Vacancy
10.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,885,280
Cap Rate 7%
$1,346,629
Cap Rate 9%
$1,047,378
Alternative Uses
Best Use
Retail
$1.35M
$1.18M – $1.57M
NOI $94,264 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.02M
$1.77M – $2.35M
NOI $141,244 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
28,919 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
194k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 37%
Dining 21%
Home Improvements & Furnishings 19%
Shops & Services 13%
Walmart
Superstores
71,627 visits/mo
0.3 miles
McDonald's
Dining
30,987 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
27,153 visits/mo
0.5 miles
Dollar Tree
Shops & Services
18,882 visits/mo
0.2 miles
Aldi
Groceries
16,628 visits/mo
0.1 miles
Demographics for 36206, AL
10,946
Population
4,798
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
85%
High-School Grad
15.8 sq mi
ZIP Area
693
Density / Sq Mi
$55,256
Median Household Income
$35,210
Median Earnings
$785
Median Rent
$128,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime commercial land parcel with an existing pad and high-visibility frontage on McClellan Blvd.
Where is this retail space located?
The property is located at 5422 Mcclellan Blvd Anniston, AL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Prime ±3.04‑acre commercial parcel along McClellan Blvd in a growing Anniston corridor; High‑visibility frontage with approximately 28,919 vehicles per day (per traffic count provided); Existing pad in place
