Renovation-Ready Office
For Sale
Contact for pricing
7800 Hi Wood Cir N, Semmes, AL 36575
For-sale office building on 1.5 acres, suited for renovation or rebuild with utilities currently off.
Property Size1,860 SF
Lot Size1.50 Acres
Price / SF$201.61
Days on Market51
Property Features for 7800 Hi Wood Cir N
General Information
Standard status
Active
Size
1,860 SF
Lot size
1.50 Acres
Property subtype
OFFICE
Listing Agency:
The Paul Carter Agency, Inc.
(251) 454-8560
Listed By:
Paul Carter
(251) 454-8560
Source:
Moodyscre
Added: Jun 16
Changed: Jul 10
Last Checked: Jul 21 at 6:58AM
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 The Paul Carter Agency, Inc.
Investment Insights
Based on property information with market context.
This for-sale office building is positioned on 1.5 acres and is presented for renovation and/or re-build. The property is not move-in ready; it will require updates and renovation prior to occupancy. Please note that utilities are off, so prospective buyers or contractors should plan for verification of systems during due diligence.
The address is 7800 Hi Wood Cir N in Semmes, Alabama. The offering includes the existing building and the surrounding acreage, providing flexibility for an operator or developer looking to modernize the improvements or start fresh on the site.
Given the property’s current condition and stated need for updates, it may be best suited for buyers with renovation scope and timelines, or for those evaluating a re-development concept using the site acreage. If you are considering an office reconfiguration after renovations, access to utilities and building systems should be reviewed early, since utilities are currently off.
The address is 7800 Hi Wood Cir N in Semmes, Alabama. The offering includes the existing building and the surrounding acreage, providing flexibility for an operator or developer looking to modernize the improvements or start fresh on the site.
Given the property’s current condition and stated need for updates, it may be best suited for buyers with renovation scope and timelines, or for those evaluating a re-development concept using the site acreage. If you are considering an office reconfiguration after renovations, access to utilities and building systems should be reviewed early, since utilities are currently off.
Key Highlights
- For‑sale office building on 1.5 acres
- Commercial or residential use
- Building is suited for renovation and/or re‑build
Financial Insights For Office B
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 | $39.1k | $21.00 |
| − Vacancy | −$6.9k | −$3.71 |
| EGI | $32.2k | $17.29 |
| − OpEx | −$8.0k | −$4.32 |
| NOI | $24.1k | $12.97 |
1,860 SF · lease $21.00/SF/yr · vacancy 17.68% · expense 25.00%
Alternative Uses
Best Use
Office B
$344.5K
$301.5K – $401.9K
NOI $24,116 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$458.3K
$401.0K – $534.7K
NOI $32,079 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Explore this area
Business Placement
Demographics for 36575, AL
20,640
Population
8,488
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
92%
High-School Grad
40.1 sq mi
ZIP Area
515
Density / Sq Mi
$69,381
Median Household Income
$44,462
Median Earnings
$1,063
Median Rent
$193,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - For-sale office building on 1.5 acres, suited for renovation or rebuild with utilities currently off.
Where is this office building located?
The property is located at 7800 Hi Wood Cir N Semmes, 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: For‑sale office building on 1.5 acres; Commercial or residential use; Building is suited for renovation and/or re‑build
