Leased Commercial Building in
612 Decatur Highway Fultondale, AL 35068
612 Decatur Highway, Fultondale, AL, 35068
$639,900
For Sale
$639,900
Leased 3,850 sq ft commercial building in Fultondale, AL.
Property Size3,850 SF
Price / SF$166.21
Days on Market101
Property Features for 612 Decatur Highway
General Information
- Standard status
- Active
- Size
- 3,850 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1988
Listing Agency
Avast Realty- Birmingham
(205) 914-4879
Listed by
Don Sweat
(205) 914-4879
Source
Exitrealty
Added: Apr 7 Checked: Jul 16 at 6:35 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 Avast Realty- Birmingham
Investment Insights
Based on property information with market context.
This 3,850 sq ft commercial building is located in a high-traffic area of Fultondale, Alabama, with convenient access to major highways. The property is suitable for office or retail use. Currently, 5 of the 7 units are leased, generating $3,475 per month in rental income. The two remaining units include one office unit with an asking price of $650 per month and one warehouse unit with an asking price of $600 per month. Tax information is located under 618 Decatur Highway. This property presents an investment opportunity with immediate cash flow and long-term growth potential.
Key Highlights
- High‑traffic location with excellent visibility and convenient highway access.
- Currently generating $3,475 per month in rental income from leased units.
- 3,850 sq ft commercial building suitable for office or retail use.
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 | $79.9k | $20.76 |
| − Vacancy | −$3.1k | −$0.81 |
| EGI | $76.8k | $19.95 |
| − OpEx | −$23.0k | −$5.99 |
| NOI | $53.8k | $13.97 |
3,850 SF · lease $20.76/SF/yr · vacancy 3.90% · expense 30.00%
Alternative Uses
Best Use
Office B
$969.2K
$848.1K – $1.13M
NOI $67,847 @ 7.0% cap · market cap 10.60%
Second Best
Retail
$768.1K
$672.1K – $896.1K
NOI $53,766 @ 7.0% cap · market cap 8.40%
Theoretical Best
Office A
$1.32M
$1.16M – $1.55M
NOI $92,713 @ 7.0% cap · market cap 14.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Leased 3,850 sq ft commercial building in Fultondale, AL.
Where is this mixed-use property located?
The property is located at 612 Decatur Highway Fultondale, AL.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: High‑traffic location with excellent visibility and convenient highway access.; Currently generating $3,475 per month in rental income from leased units.; **3,850 sq ft commercial building** suitable for office or retail use.
