Highway 69 Mixed-Use
61 Al Hwy 69 N Cullman, AL 35055
61 Al Hwy 69 N, Cullman, AL, 35055
$375,000
For Sale
$375,000
Mixed-use property with shop and livable space on Highway 69.
Property Size4,320 SF
Price / SF$86.81
Days on Market135
Property Features for 61 Al Hwy 69 N
General Information
- Standard status
- Active
- Size
- 4,320 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1995
Listing Agency
Weichert Realtors Cullman
(256) 708-0044
Listed by
Jeffre Taylor · License #72498
(256) 708-0044
Source
Exitrealty
Added: Mar 4 Checked: Jul 16 at 6:37 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 Weichert Realtors Cullman
Investment Insights
Based on property information with market context.
This mixed-use commercial property features high-visibility frontage on Highway 69, located just outside the Cullman city limits. The property includes a 2,840 square foot shop and 1,480 square feet of livable space. The livable area contains 4 bedrooms, making it suitable for office space, professional services, or live/work arrangements. The shop is generously sized to accommodate a variety of needs, offering exceptional flexibility for an owner-user or investor.
Key Highlights
- Prime Highway 69 Frontage for High Visibility
- Mixed‑Use Property: Shop (2,840 SF) and Livable Space (1,480 SF)
- 4 Bedrooms in Livable Space Suitable for Office/Live‑Work
Local Financial Insights For Retail
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 | $49.2k | $11.40 |
| − Vacancy | −$4.9k | −$1.14 |
| EGI | $44.3k | $10.26 |
| − OpEx | −$13.3k | −$3.08 |
| NOI | $31.0k | $7.18 |
4,320 SF · lease $11.40/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$443.2K
$387.8K – $517.1K
NOI $31,026 @ 7.0% cap · market cap 8.27%
Second Best
Mixed Use
$264.8K
$231.7K – $308.9K
NOI $18,533 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$636.9K
$557.3K – $743.0K
NOI $44,582 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with shop and livable space on Highway 69.
Where is this mixed-use property located?
The property is located at 61 Al Hwy 69 N Cullman, AL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime Highway 69 Frontage for High Visibility; Mixed‑Use Property: Shop (2,840 SF) and Livable Space (1,480 SF); 4 Bedrooms in Livable Space Suitable for Office/Live‑Work
