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Corner Retail Building
For Sale
$350,000
Pending

8253 AL HWY 69, Arab, AL 35016

Commercial Sale, ARAB, AL

Property Size2,400 SF
Lot Size0.75 Acres
Days on Market192

Property Features for 8253 AL HWY 69

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Driveway, Parking Lot
Window features Display Window(s)
Lot features Corner Lot
Directions Located at Intersection of AL Hwy 69 and Brashiers Chapel Road.
Standard status Pending
APN 1402040000070.000
Size 2,400 SF
Lot size 0.75 Acres

Additional Details

Tenant in Place Yes
Corner Location Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1128

Utilities

Heating system Central, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1950
Floors in Building 1
Flooring type Tile
Building materials Block
Roof type Shingle
Buildings 1
Listing Agency: Taylor RE Solutions Series
Listed By: Sam Duffey · License #166866
Added: Apr 21 Changed: Oct 29 Last Checked: Oct 29 at 10:06PM
MLS# 21915771

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,400-square-foot block building occupies a 0.75-acre parcel. Built in 1950, it has tile flooring, a shingle roof, central heating with natural gas, central air conditioning, and public water. Windows are distributed throughout the building, and the site includes a parking lot and driveway, with open land beside the structure. The land is currently rented for a corner farmers market.

The property is positioned at a signalized intersection on AL Hwy 69, across from Marshall Medical Center. The reported traffic volume is approximately 12,000 ADT. Its corner setting and existing parking access are part of the site’s current configuration.

Key Highlights

  • 2,400‑square‑foot block building on a 0.75‑acre parcel
  • Corner site on AL Hwy 69 at a traffic light
  • Across from Marshall Medical Center

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,311
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,220 $306.2K
Cap Rate 7%
$218,729 $218.7K
Cap Rate 9%
$170,122 $170.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$23.9K $9.96/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$21.9K $9.11/SF
− OpEx
−$6.6K −$2.73/SF
NOI
$15.3K $6.38/SF
Area
Marshall County, AL
Vacancy
8.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,220
Cap Rate 7%
$218,729
Cap Rate 9%
$170,122

Alternative Uses

Best Use
Retail
$218.7K
$191.4K – $255.2K (±1% cap)
NOI $15,311 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$518.0K
$453.3K – $604.3K (±1% cap)
NOI $36,260 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Restaurant Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

169
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Marathon Petroleum Shops & Services
7,407 visits/mo 0.0 miles
Dollar General Shops & Services
5,506 visits/mo 0.2 miles
Chevron Shops & Services
2,062 visits/mo 0.0 miles

Demographics for 35016, AL

17,495
Population
7,372
Households
2.4
Avg Household Size
42
Median Age
22%
College-Educated
89%
High-School Grad
79.0 sq mi
ZIP Area
221
Density / Sq Mi
$60,910
Median Household Income
$36,939
Median Earnings
$758
Median Rent
$192,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Windowed interiors and on-site parking support a range of retail operations.
Where is this retail space 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‑square‑foot block building on a 0.75‑acre parcel; Corner site on AL Hwy 69 at a traffic light; Across from Marshall Medical Center
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