Office Building with Detached
704 S 4TH STREET, Gadsden, AL 35901
For Sale
$375,000
Commercial Sale, GADSDEN, AL
Property Size2,303 SF
Lot Size0.42 Acres
Price / SF$162.83
Days on Market370
Property Features for 704 S 4TH STREET
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Basement
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Cooling system
Water source
Amenities
waiting area and reception
conference room
kitchen
basement for storage
detached garage
Building Details
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Corporate South Realty,Inc
(256) 543-1292
Listed By:
Wesley Sutton · License AL #78909
(256) 504-7665
Added: Nov 7, 2025
Changed: Oct 29
Last Checked: Nov 11 at 1:06PM
MLS# 21903327
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 704 S 4th Street, this 2,303-square-foot office building sits on a 0.42-acre parcel. Its layout includes a reception and waiting area, three private offices, a conference room, two bathrooms, and a kitchen. A basement provides additional storage or overflow space. The brick building has central air, and the property includes a detached two-car garage with storage space.
The office is one block from Riverview Regional Medical Center, within walking distance. On-site parking, rear alley access, and a pull-through drive serve the property; additional parking may be added at the rear.
The office is one block from Riverview Regional Medical Center, within walking distance. On-site parking, rear alley access, and a pull-through drive serve the property; additional parking may be added at the rear.
Key Highlights
- 2,303‑square‑foot office building on a 0.42‑acre parcel
- Reception and waiting area, three private offices, conference room, two bathrooms, and kitchen
- Basement provides overflow or storage space
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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The interior offers reception, three private offices, a conference room, two bathrooms, and a kitchen.
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 on a 0.42‑acre parcel; Reception and waiting area, three private offices, conference room, two bathrooms, and kitchen; Basement provides overflow or storage space
