Office with Interstate
4985 McAdory School Rd Mc Calla, AL 35111
For Sale
Contact for pricing
Office space for sale near I-459 and UAB West Hospital.
Property Size1,291 SF
Lot Size0.45 Acres
Price / SF$463.98
Days on Market808
Property Features for 4985 McAdory School Rd
General Information
- Standard status
- Active
- Size
- 1,291 SF
- Lot size
- 0.45 Acres
- Property subtype
- Land, Office, Retail
Building Details
- Year Built
- 1959
Listing Agency:
Red Rock Realty Group
Listed By:
Trish Rushing, CCIM · License #000104714-0
Source:
Crexi
Added: May 7, 2024
Changed: Jul 10
Last Checked: Jul 23 at 7:46AM
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 Red Rock Realty Group
Investment Insights
Based on property information with market context.
This commercial property features a 1200 square foot office building situated on a 0.45-acre parcel. The property is located just off I-459, Exit 1, in McCalla, Alabama, and offers interstate visibility. It is less than 1 mile from the new UAB West Hospital campus and just over 1 mile to the Jeff Met Industrial Park. The site presents an opportunity for an owner-user of the existing office building. Adjacent land is also available for sale to accommodate larger development needs. Additional land is available up to 2.5 acres of interstate frontage, potentially suitable for a hotel or medical office. The property is located at 4985 McAdory School Rd, McCalla, AL 35111.
Key Highlights
- Interstate visibility and frontage on I‑459
- Proximity to UAB West Hospital Campus (less than 1 mile)
- Located near Jeff Met Industrial Park (just over 1 mile)
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 | $34.2k | $26.52 |
| − Vacancy | −$3.9k | −$3.02 |
| EGI | $30.3k | $23.50 |
| − OpEx | −$7.6k | −$5.87 |
| NOI | $22.8k | $17.62 |
1,291 SF · lease $26.52/SF/yr · vacancy 11.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$325.0K
$284.4K – $379.2K
NOI $22,751 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$444.1K
$388.6K – $518.2K
NOI $31,089 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Office space for sale near I-459 and UAB West Hospital.
Where is this commercial land located?
The property is located at 4985 McAdory School Rd Mc Calla, AL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Interstate visibility and frontage on I‑459; Proximity to UAB West Hospital Campus (less than 1 mile); Located near Jeff Met Industrial Park (just over 1 mile)
