Office Warehouse Flex
For Sale
$299,900
900 S 4th Street, Gadsden, AL 35901
COMMERCIAL - Gadsden, AL
Property Size3,706 SF
Lot Size0.32 Acres
Price / SF$80.92
Days on Market46
Property Features for 900 S 4th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 1, Bathroom 3, Bathroom 4
Lot features
High Visibility
Directions
Rainbow Dr Turn Onto Sth 4th St @ Tropical Smoothie, Go Past Chic Fil A On Your Right And Office Is On The Right.
Standard status
Active
APN
1502094000007.000
Size
3,706 SF
Lot size
0.32 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Vinyl
Roof type
Metal
Listing Agency:
Corporate South Realty,Inc
(256) 543-1292
Listed By:
Wesley Sutton · License #78909
(256) 504-7665
Added: Jun 19
Changed: Jul 28
Last Checked: Aug 3 at 9:06PM
MLS# 21921284
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Investment Insights
Based on property information with market context.
This office warehouse flex building includes office space and a warehouse portion, with office areas totaling approximately 2,700 square feet and warehouse space of approximately 1,000 square feet. The configuration also features office space with two garage bays, and the property includes multiple restrooms with a layout described as 4 or 5 offices and 4 baths. The building has three power meters, which may support use as multiple units depending on a buyer’s intended setup.
Located downtown at S 4th Street, the property is described as being one parcel from a Chick-fil-A and along the main route from Rainbow Dr to downtown, supporting day-to-day visibility.
The property is currently used as an insurance office and includes recent sewer line work described as new sewer lines. Parking is noted as ample or adequate, supporting tenant and visitor needs for an office-plus-warehouse use.
Located downtown at S 4th Street, the property is described as being one parcel from a Chick-fil-A and along the main route from Rainbow Dr to downtown, supporting day-to-day visibility.
The property is currently used as an insurance office and includes recent sewer line work described as new sewer lines. Parking is noted as ample or adequate, supporting tenant and visitor needs for an office-plus-warehouse use.
Key Highlights
- 3,700 SF +/- office with 1,000 SF +/- warehouse and 2,700 SF +/- office space
- Office space with 2 garage bays and multiple offices/bathrooms (4 baths; 4 or 5 offices mentioned)
- Currently used as an insurance office; features 3 power meters for potential multi‑unit setup
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 | $40.9k | $11.04 |
| − Vacancy | −$9.0k | −$2.43 |
| EGI | $31.9k | $8.61 |
| − OpEx | −$8.0k | −$2.15 |
| NOI | $23.9k | $6.46 |
3,706 SF · lease $11.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Flex RnD
$436.0K
$381.5K – $508.6K
NOI $30,517 @ 7.0% cap · market cap 10.18%
Second Best
Office B
$341.9K
$299.2K – $398.9K
NOI $23,935 @ 7.0% cap · market cap 7.98%
Theoretical Best
Specialty Retail
$605.9K
$530.2K – $706.9K
NOI $42,416 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Office units
Location Intelligence
Trade Area within ½ mile
1,619
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35901, AL
18,671
Population
9,075
Households
2.1
Avg Household Size
43
Median Age
22%
College-Educated
85%
High-School Grad
59.2 sq mi
ZIP Area
315
Density / Sq Mi
$47,826
Median Household Income
$30,212
Median Earnings
$747
Median Rent
$174,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office space with two garage bays plus warehouse area, built for downtown access and ample onsite parking.
Where is this flex space located?
The property is located at 900 S 4th Street Gadsden, AL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 3,700 SF +/- office with 1,000 SF +/- warehouse and 2,700 SF +/- office space; Office space with 2 garage bays and multiple offices/bathrooms (4 baths; 4 or 5 offices mentioned); Currently used as an insurance office; features 3 power meters for potential multi‑unit setup
