Multi-Building Office
For Sale
$1,700,000
9010 US Highway 431, Albertville, AL 35951
The two-building property includes a two-story office layout and rear parking.
Property Size11,000 SF
Price / SF$154.55
Days on Market382
Property Features for 9010 US Highway 431
General Information
Standard status
Active
Size
11,000 SF
Property subtype
COMMERCIAL
Building Details
Building Size
11,000 SF
Listing Agency:
The Real Estate Group
Listed By:
Tracy Honea · License #89486
(256) 878-1000
Source:
Intownpartners
Added: Oct 14, 2025
Changed: Oct 27
Last Checked: Oct 27 at 3:57AM
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 The Real Estate Group
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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.
Two buildings make up this office property: a two-story structure measuring approximately 7,394 square feet and a one-story building of approximately 4,224 square feet. The larger building contains 10 offices, a reception area and lobby, three bathrooms, and conference rooms.
The property fronts US Highway 431 for approximately 201 feet, with rear access from Mitchell Avenue. Parking is situated behind the buildings.
The property fronts US Highway 431 for approximately 201 feet, with rear access from Mitchell Avenue. Parking is situated behind the buildings.
Key Highlights
- Two‑story building with approximately 7,394 square feet
- One‑story building totaling approximately 4,224 square feet
- Larger building includes 10 offices, reception area, and lobby
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,998
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,479,960
$2.5M
Cap Rate 7%
$1,771,400
$1.8M
Cap Rate 9%
$1,377,756
$1.4M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$198.0K $18.00/SF
− Vacancy
−$32.7K −$2.97/SF
EGI
$165.3K $15.03/SF
− OpEx
−$41.3K −$3.76/SF
NOI
$124.0K $11.27/SF
Area
Marshall County, AL
Vacancy
16.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,479,960
Cap Rate 7%
$1,771,400
Cap Rate 9%
$1,377,756
Alternative Uses
Best Use
Office B
$1.77M
$1.55M – $2.07M
NOI $123,998 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.08M – $2.77M
NOI $166,193 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 35951, AL
14,219
Population
5,778
Households
2.5
Avg Household Size
36
Median Age
14%
College-Educated
75%
High-School Grad
77.8 sq mi
ZIP Area
183
Density / Sq Mi
$51,869
Median Household Income
$30,701
Median Earnings
$688
Median Rent
$147,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The two-building property includes a two-story office layout and rear parking.
Where is this office building located?
The property is located at 9010 US Highway 431 Albertville, AL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two‑story building with approximately 7,394 square feet; One‑story building totaling approximately 4,224 square feet; Larger building includes 10 offices, reception area, and lobby
