Mixed-Use Commercial Property For
5910 Hwy 43 Tuscumbia, AL 35674
For Sale
$280,000
Mixed-use property with commercial, residential, and storage spaces.
Property Size2,733 SF
Price / SF$102.45
Days on Market982
Property Features for 5910 Hwy 43
General Information
- Standard status
- Active
- Size
- 2,733 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1962
Listing Agency:
MarMac Real Estate
(256) 766-8499
Listed By:
The Shoals
(256) 275-0679
Source:
Xome
Added: Nov 14, 2023
Changed: Jul 6
Last Checked: Jul 23 at 4:18AM
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 MarMac Real Estate
Investment Insights
Based on property information with market context.
This mixed-use commercial property features both commercial and residential areas. The commercial section offers a spacious layout suitable for retail, office, or service-based businesses. The residential area includes an apartment with 2 bedrooms, a kitchen, and a comfortable living space. A 30 x 60 metal storage building is also located on the property. The property is situated in a prime area with ample parking and easy access to major routes. The property size is 2733 square feet. This property is suitable for entrepreneurs looking to combine business, home, and warehouse storage in one location.
Key Highlights
- Mixed‑use commercial and residential property offering business and living in one location.
- Prime location with easy access to major routes.
- Spacious commercial section suitable for retail, office, or service‑based businesses.
Financial Insights For Office B
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 | $38.4k | $14.04 |
| − Vacancy | −$8.4k | −$3.09 |
| EGI | $29.9k | $10.95 |
| − OpEx | −$7.5k | −$2.74 |
| NOI | $22.4k | $8.21 |
2,733 SF · lease $14.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$320.7K
$280.6K – $374.1K
NOI $22,447 @ 7.0% cap · market cap 8.02%
Second Best
Mixed Use
$257.7K
$225.5K – $300.6K
NOI $18,038 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$436.4K
$381.9K – $509.2K
NOI $30,550 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with commercial, residential, and storage spaces.
Where is this mixed-use property located?
The property is located at 5910 Hwy 43 Tuscumbia, AL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Mixed‑use commercial and residential property offering business and living in one location.; Prime location with easy access to major routes.; Spacious commercial section suitable for retail, office, or service‑based businesses.
