Flex Space with Commercial
For Sale
$195,000
74 Winston Street, Valley Head, AL 35989
Business Opportunity, Valley Head, AL
Property Size2,640 SF
Lot Size0.13 Acres
Price / SF$73.86
Days on Market124
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 74 Winston Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Alley, On Street
Window features
Display Window(s)
Interior features
Wash Rack
Exterior features
Sidewalks, Curb/Gutters
Subdivision
City
Lot features
High Visibility
Directions
Downtown Valley Head, Across From The Bank
Standard status
Active
APN
1009290001032.000
Size
2,640 SF
Lot size
0.13 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating), Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1945
Floors in Building
1
Flooring type
Concrete
Listing Agency:
Southern Properties Agency Inc
(256) 845-6000
Listed By:
Ashley Manning · License #102370
(256) 635-8798
Added: Jun 14
Changed: Sep 22
Last Checked: Oct 15 at 3:06PM
MLS# 21912024
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.
Investment Insights
Based on property information with market context.
This 2,640-square-foot flex property occupies 0.13 acres and was built in 1945. The building includes a Category 2 kitchen, bathroom, wash rack, concrete flooring, central air, and heating supplied by natural gas, electric, and central systems. Its adaptable interior has supported restaurant use and may also accommodate retail, office, or creative business operations as permitted.
The property is located at 74 Winston Street in Valley Head, Alabama, with sidewalks, curbs, and gutters along the site. Parking is available on the street and through the alley. Public water and public sewer serve the building. The seller will consider leasing and may consider owner financing depending on the terms.
The property is located at 74 Winston Street in Valley Head, Alabama, with sidewalks, curbs, and gutters along the site. Parking is available on the street and through the alley. Public water and public sewer serve the building. The seller will consider leasing and may consider owner financing depending on the terms.
Key Highlights
- 2,640‑square‑foot flex building on 0.13 acres
- Category 2 kitchen with wash rack and bathroom
- Built in 1945 with concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,802
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,040
$176.0K
Cap Rate 7%
$125,743
$125.7K
Cap Rate 9%
$97,800
$97.8K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$13.3K $5.04/SF
− Vacancy
−$732 −$0.28/SF
EGI
$12.6K $4.76/SF
− OpEx
−$3.8K −$1.43/SF
NOI
$8.8K $3.33/SF
Area
DeKalb County, AL
Vacancy
5.50%
Lease Rate
$5.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,040
Cap Rate 7%
$125,743
Cap Rate 9%
$97,800
Alternative Uses
Best Use
Specialty Retail
$416.2K
$364.2K – $485.6K
NOI $29,136 @ 7.0% cap · market cap 14.94%
Second Best
Flex RnD
$316.0K
$276.5K – $368.6K
NOI $22,117 @ 7.0% cap · market cap 11.34%
Theoretical Best
Healthcare Medical
$425.3K
$372.1K – $496.2K
NOI $29,771 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35989, AL
3,265
Population
1,559
Households
2.1
Avg Household Size
43
Median Age
12%
College-Educated
75%
High-School Grad
57.2 sq mi
ZIP Area
57
Density / Sq Mi
$43,750
Median Household Income
$31,096
Median Earnings
$730
Median Rent
$89,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial building with a Category 2 kitchen, public utilities, and access from both an alley and the street.
Where is this flex space located?
The property is located at 74 Winston Street Valley Head, AL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 2,640‑square‑foot flex building on 0.13 acres; Category 2 kitchen with wash rack and bathroom; Built in 1945 with concrete flooring
