High-Visibility Office Building For
8385 al Highway 144 Alexandria, AL 36205
8385 al Highway 144, Alexandria, AL, 36205
$399,900
For Sale
$399,900
Highly visible commercial property with excellent road frontage and accessibility.
Property Size2,781 SF
Price / SF$143.80
Days on Market191
Property Features for 8385 al Highway 144
General Information
- Standard status
- Active
- Size
- 2,781 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1953
Listing Agency
ERA King Real Estate
(256) 310-2800
Listed by
Sylvia Bentley · License #42013
(256) 310-2800
Source
Exitrealty
Added: Jan 6 Checked: Jul 16 at 3:16 am
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 ERA King Real Estate
Investment Insights
Based on property information with market context.
This commercial property offers a prime opportunity with high visibility and excellent road frontage. Situated on AL Highway 144, the property benefits from strong daily traffic counts and easy access, making it suitable for businesses that prioritize visibility and accessibility. The office building features a flexible layout suitable for medical, administrative, or general office use. It includes numerous private offices, a spacious conference room, a reception/waiting area, a full kitchen with a break room, ample on-site parking, and an additional storage building. The property also features two front entry doors and is located in a growing commercial area. The building size is 2781 square feet.
Key Highlights
- High‑traffic location on AL Highway 144 with excellent road frontage.
- Flexible, functional layout suitable for various office uses (medical, administrative, general).
- Numerous private offices and a spacious conference room.
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 | $36.7k | $13.20 |
| − Vacancy | −$8.1k | −$2.90 |
| EGI | $28.6k | $10.30 |
| − OpEx | −$7.2k | −$2.57 |
| NOI | $21.5k | $7.72 |
2,781 SF · lease $13.20/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$306.8K
$268.4K – $357.9K
NOI $21,475 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$427.5K
$374.1K – $498.8K
NOI $29,928 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Highly visible commercial property with excellent road frontage and accessibility.
Where is this office building located?
The property is located at 8385 al Highway 144 Alexandria, AL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: High‑traffic location on AL Highway 144 with excellent road frontage.; Flexible, functional layout suitable for various office uses (medical, administrative, general).; Numerous private offices and a spacious conference room.
