Corner Retail and Office
8253 Al Hwy 69 Arab, AL 35016
8253 Al Hwy 69, Arab, AL, 35016
$350,000
For Sale
$350,000
COMMERCIAL - Arab, AL
Property Size2,400 SF
Lot Size0.75 Acres
Price / SF$145.83
Days on Market88
Property Features for 8253 Al Hwy 69
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot, Driveway
- Window features
- Display Window(s)
- Accessibility
- Accessible Doors
- Standard status
- Active
- APN
- 1402040000070.000
- Size
- 2,400 SF
- Lot size
- 0.75 Acres
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Flooring type
- Tile
- Roof type
- Shingle
Listing Agency
Taylor Re Solutions Series
(256) 435-6375
1654 Pelham Road, Jacksonville, AL
Listed by
Sam Duffey · License #166866
(256) 673-8055
Added: Apr 21 Checked: Jul 17 at 9:06 am
MLS# 21915771
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Investment Insights
Based on property information with market context.
This for-sale commercial property features a 2,400-square-foot block building on a corner lot. The building has lots of windows and sits alongside an area that can support additional parking. The surrounding grounds are currently used as a rented land “corner farmer’s market,” with ample, easily accessible parking in place.
The site is located at a busy intersection on Al Hwy 69 in front of Marshall Medical Center. The property benefits from a traffic light at the intersection and is described as having approximately 12,000 ADT. The listing notes the asset is positioned in a growing portion of the county between Guntersville and Arab.
With its windowed facade and existing parking configuration, the building may suit a range of retail and office concepts, including those mentioned in the listing such as retail, office, vape, or beverage use.
The site is located at a busy intersection on Al Hwy 69 in front of Marshall Medical Center. The property benefits from a traffic light at the intersection and is described as having approximately 12,000 ADT. The listing notes the asset is positioned in a growing portion of the county between Guntersville and Arab.
With its windowed facade and existing parking configuration, the building may suit a range of retail and office concepts, including those mentioned in the listing such as retail, office, vape, or beverage use.
Key Highlights
- 2,400 sqft block commercial building at a busy intersection on Al Hwy 69 in front of Marshall Medical Center
- Traffic light and corner location with approx. 12,000 ADT count in a growing area between Guntersville and Arab
- Currently rented land as a "corner farmer's market" with ample, easily accessible parking
Local 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 | $43.2k | $18.00 |
| − Vacancy | −$7.1k | −$2.97 |
| EGI | $36.1k | $15.03 |
| − OpEx | −$9.0k | −$3.76 |
| NOI | $27.1k | $11.27 |
2,400 SF · lease $18.00/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$386.5K
$338.2K – $450.9K
NOI $27,054 @ 7.0% cap · market cap 7.73%
Second Best
Retail
$218.7K
$191.4K – $255.2K
NOI $15,311 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$518.0K
$453.3K – $604.3K
NOI $36,260 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Corner commercial building with large window frontage and adjacent parking space on a busy highway intersection.
Where is this storefront property located?
The property is located at 8253 Al Hwy 69 Arab, AL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,400 sqft block commercial building at a busy intersection on Al Hwy 69 in front of Marshall Medical Center; Traffic light and corner location with approx. 12,000 ADT count in a growing area between Guntersville and Arab; Currently rented land as a "corner farmer's market" with ample, easily accessible parking
