Versatile Commercial Building in
624 Decatur Highway Fultondale, AL 35068
624 Decatur Highway, Fultondale, AL, 35068
$974,000
For Sale
$974,000
Large commercial building suitable for retail, restaurant, office, or warehouse.
Property Size7,977 SF
Price / SF$122.10
Days on Market386
Property Features for 624 Decatur Highway
General Information
- Standard status
- Active
- Size
- 7,977 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1974
Listing Agency
Avast Realty- Birmingham
(205) 914-4879
Listed by
Don Sweat
(205) 914-4879
Source
Exitrealty
Added: Jun 26, 2025 Checked: Jul 15 at 10:09 pm
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 large commercial building in Fultondale can accommodate a variety of business needs, including retail, restaurant, office, and warehouse operations. Its size allows for a higher capacity of rental or lease spaces, potentially increasing income streams. The growing Fultondale economy is driving demand for rental spaces, making this property a potentially attractive investment. Its location a few miles north of Birmingham, with convenient access to major highways, enhances accessibility for businesses and potential tenants, further increasing its income potential. The property has a size of 7977 square feet. The seller is open to leasing all or part of the property.
Key Highlights
- High income potential due to large size and capacity for multiple rental/lease spaces.
- Located in Fultondale, a growing economy with increasing demand for rental spaces.
- Strategically located a few miles north of Birmingham with easy access to major highways.
Local Financial Insights For Warehouse
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 | $109.1k | $13.68 |
| − Vacancy | −$4.3k | −$0.53 |
| EGI | $104.9k | $13.15 |
| − OpEx | −$15.7k | −$1.97 |
| NOI | $89.1k | $11.17 |
7,977 SF · lease $13.68/SF/yr · vacancy 3.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$2.01M
$1.76M – $2.34M
NOI $140,575 @ 7.0% cap · market cap 14.43%
Second Best
Specialty Retail
$1.71M
$1.49M – $1.99M
NOI $119,358 @ 7.0% cap · market cap 12.25%
Theoretical Best
Office A
$2.74M
$2.40M – $3.20M
NOI $192,097 @ 7.0% cap · market cap 19.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Econo Lodge
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Large commercial building suitable for retail, restaurant, office, or warehouse.
Where is this retail space located?
The property is located at 624 Decatur Highway Fultondale, AL.
What is the asking price?
The asking price for this property is $974,000.
What are key features of this property?
This property features: High income potential due to large size and capacity for multiple rental/lease spaces.; Located in Fultondale, a growing economy with increasing demand for rental spaces.; Strategically located a few miles north of Birmingham with easy access to major highways.
