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    Highway Frontage Auto Shop Title is generated by Realmo AI

    9055 Highway 431 South, Owens Cross Roads, AL 35763

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    Claim this Listing
    For Sale
    $1,000,000

    Auto shop with equipment on high-traffic highway.

    Type:Commercial/Industrial
    Property size:
    4,650 SF
    Lot size:
    2.71 Acres
    Price / SF:
    $215/SF
    Added:
    Aug 14, 2025
    Days on Market:
    292
    Last Refresh:
    Apr 7 at 11:53 pm

    Property Features for 9055 Highway 431 South

    General Information

    Standard status
    Active
    Size
    4,650 SF
    Lot size
    2.71 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Susan Oliver

    Listing agent Susan Oliver License #75362

    Listing office BHHS Southern Routes Realty

    Listing date Aug 14, 2025

    Source Exitrealty

    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 BHHS Southern Routes Realty

    HighLights

    • Highway 431 location with extremely high traffic flow.
    • Approx. 2000 sq ft of office space including kitchen and multiple work areas.
    • Two garage areas (approx. 50x50 sq ft and 30x55 sq ft) plus a carport (approx. 17x25) with lift rack.
    • Includes equipment, 2 lifts, and tools.
    • Approx. 2.71 acres of land.
    • Two 15ft bays with garage doors.

    Overview

    This property features a working garage with approximately 2,000 square feet of office space, including a kitchen and multiple work areas. The sale includes equipment, two lifts, and tools. The garage area comprises two sections, one approximately 50x50 square feet and the other approximately 30x55 square feet. Additionally, there is a special carport area measuring approximately 17x25 feet with a lift rack. Situated on approximately 2.71 acres with extremely high traffic flow on Highway 431, the property includes one-phase power and two 15-foot bays with garage doors. The property is suitable for auto shops, automotive properties, retail spaces, and general commercial real estate purposes.

    Local Financial Insights For Retail

    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 $83.7k $18.00
    − Vacancy −$2.5k −$0.54
    EGI $81.2k $17.46
    − OpEx −$24.4k −$5.24
    NOI $56.8k $12.22
    4,650 SF · lease $18.00/SF/yr · vacancy 3.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $811.9K
    $710.4K – $947.2K (±1% cap)
    NOI $56,832 @ 7.0% cap · market cap 5.68%
    Second Best
    Industrial
    $269.2K
    $235.6K – $314.1K (±1% cap)
    NOI $18,846 @ 7.0% cap · market cap 1.88%
    Theoretical Best
    Office A
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,760 @ 7.0% cap · market cap 8.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store Department Store Grocery & Convenience Store Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • D & M Automotive LLC — 9428 US-431, Owens Cross Roads, AL 35763
    • S & S Services Center — 9055 US-431, Owens Cross Roads, AL 35763
    • HUTCHENS AUTOMOTIVE — 256 Wilson Mann Rd, Owens Cross Roads, AL 35763
    • Mann Engineering — 3117 Old Hwy 431, Owens Cross Roads, AL 35763

    Location Insight

    • Map
    • Local Demand
    City
    Owens Cross Roads
    County
    Madison
    State
    Alabama
    Longitude
    -86.448825
    Latitude
    34.579465

    Nearby Similar for Sale

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    • $169,500
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      Owens Cross Roads Duplex

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      118/120 Brockway Avenue, Owens Cross Roads, AL 35763
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    • $595,000

      Multi-Family Property on Large Lot

      Five-unit multi-family property on 2.4 acres, fully occupied.
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    FAQs

    What type of property is this?
    Auto shop - Auto shop with equipment on high-traffic highway.
    Where is this auto shop located?
    The property is located at 9055 Highway 431 South Owens Cross Roads, AL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Highway 431 location with extremely high traffic flow.; Approx. 2000 sq ft of office space including kitchen and multiple work areas.; Two garage areas (approx. 50x50 sq ft and 30x55 sq ft) plus a carport (approx. 17x25) with lift rack.
    (423) 322-6998
    We can help!
    Listing Contact
    Susan Oliver
    Real Estate License ID: 75362
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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