Office with Warehouse and Garage
900 South 4th Street Gadsden, AL 35901
900 South 4th Street, Gadsden, AL, 35901
$299,900
For Sale
$299,900
Office space with two garage bays plus warehouse area, offering flexible layout with multiple offices and baths.
Property Size3,706 SF
Price / SF$80.92
Days on Market30
Property Features for 900 South 4th Street
General Information
- Standard status
- Active
- Size
- 3,706 SF
- Property subtype
- Commercial
Listing Agency
Corporate South Realty, Inc
(256) 543-1292
Listed by
Wesley Sutton · License #78909
(256) 543-1292
Source
Alabamaland
Added: Jun 18 Checked: Jul 16 at 12:39 pm
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 Corporate South Realty, Inc
Investment Insights
Based on property information with market context.
This property combines office space with warehouse use and includes two garage bays. The interior configuration is described as featuring 4 or 5 offices and 4 bathrooms. The building is currently used as an insurance office and includes three power meters, which may support division into multiple spaces depending on how the site is operated.
The property is located near downtown along South 4th Street, described as being on the main vein from Rainbow Drive to downtown and approximately one parcel from a Chick-fil-A. Parking is noted as hard to find in the area, and the property has also had new sewer lines installed.
The total size is listed at approximately 3,700 square feet, including approximately 2,700 square feet of office space and approximately 1,000 square feet of warehouse space.
The property is located near downtown along South 4th Street, described as being on the main vein from Rainbow Drive to downtown and approximately one parcel from a Chick-fil-A. Parking is noted as hard to find in the area, and the property has also had new sewer lines installed.
The total size is listed at approximately 3,700 square feet, including approximately 2,700 square feet of office space and approximately 1,000 square feet of warehouse space.
Key Highlights
- Office with warehouse totaling 3,700 SF +/- including 2,700 SF +/- office and 1,000 SF +/- warehouse area
- Office layout includes 4 or 5 offices and 4 baths
- Includes office space with 2 garage bays
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 | $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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Colton Harris - State ...
Insurance Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Jenarda's Catering & Event — 620 Broad St, Gadsden, AL 35901
FAQs
What type of property is this?
Flex space - Office space with two garage bays plus warehouse area, offering flexible layout with multiple offices and baths.
Where is this flex space located?
The property is located at 900 South 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: Office with warehouse totaling 3,700 SF +/- including 2,700 SF +/- office and 1,000 SF +/- warehouse area; Office layout includes 4 or 5 offices and 4 baths; Includes office space with 2 garage bays
