Office Building with Detached
For Sale
$375,000
704 S 4th Street, Gadsden, AL 35901
The layout includes reception space, private offices, a conference room, kitchen, and basement storage.
Property Size2,303 SF
Price / SF$162.83
Days on Market359
Property Features for 704 S 4th Street
General Information
Standard status
Active
Size
2,303 SF
Property subtype
Office
Additional Details
Property Use
Office
Building Details
Building Size
2,303 SF
Listing Agency:
Corporate South Realty,Inc
Listed By:
Wesley Sutton · License #78909
(256) 504-7665
Source:
Intownpartners
Added: Nov 7, 2025
Changed: Oct 30
Last Checked: Oct 30 at 3:37PM
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 Corporate South Realty,Inc
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Investment Insights
Based on property information with market context.
This office building offers 2,303 square feet arranged with a waiting and reception area, three executive offices, a conference room, two bathrooms, and a kitchen. A basement provides additional storage or overflow space, and a detached two-car garage can serve for storage.
The property is on S 4th Street in downtown Gadsden, one block from Riverview Regional Medical Center. On-site parking is in place, with rear alley access and room to add parking. A pull-through drive provides another way to enter and exit the property.
The property is on S 4th Street in downtown Gadsden, one block from Riverview Regional Medical Center. On-site parking is in place, with rear alley access and room to add parking. A pull-through drive provides another way to enter and exit the property.
Key Highlights
- 2,303‑square‑foot office building
- Three executive offices, reception area, and conference room
- Two bathrooms and a kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,874
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$297,480
$297.5K
Cap Rate 7%
$212,486
$212.5K
Cap Rate 9%
$165,267
$165.3K
Market Conditions
NOI Build-Up for 2,303 SF
Gross rent
$25.4K $11.04/SF
− Vacancy
−$5.6K −$2.43/SF
EGI
$19.8K $8.61/SF
− OpEx
−$5.0K −$2.15/SF
NOI
$14.9K $6.46/SF
Area
Etowah County, AL
Vacancy
22.00%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$297,480
Cap Rate 7%
$212,486
Cap Rate 9%
$165,267
Alternative Uses
Best Use
Office B
$212.5K
$185.9K – $247.9K
NOI $14,874 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$376.6K
$329.5K – $439.3K
NOI $26,359 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
Explore this area
Business Placement
Demographics for 35901, AL
18,671
Population
9,075
Households
2.1
Avg Household Size
43
Median Age
22%
College-Educated
85%
High-School Grad
59.2 sq mi
ZIP Area
315
Density / Sq Mi
$47,826
Median Household Income
$30,212
Median Earnings
$747
Median Rent
$174,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The layout includes reception space, private offices, a conference room, kitchen, and basement storage.
Where is this office building located?
The property is located at 704 S 4th Street Gadsden, 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: 2,303‑square‑foot office building; Three executive offices, reception area, and conference room; Two bathrooms and a kitchen
