Montevallo Retail Space For
For Sale
Contact for pricing
356 Co Rd 54, Montevallo, AL 35115
Retail space available for purchase in Montevallo, Alabama.
Property Size2,560 SF
Price / SF$148.05
Days on Market870
Property Features for 356 Co Rd 54
General Information
Standard status
Active
Size
2,560 SF
Property subtype
Retail
Listing Agency:
Integtrity Real Estate
(205) 500-1188
Listed By:
Bobby Bynum · License #Al 106724
Source:
Crexi
Added: Mar 15, 2024
Changed: Jul 10
Last Checked: Jul 31 at 1:37PM
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 Integtrity Real Estate
Investment Insights
Based on property information with market context.
This commercial real estate property, identified as retail space, is available for sale. The property offers a total size of 2560 square feet and is located in Montevallo, Alabama.
Key Highlights
- No property information was provided to generate selling points.
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 | $38.4k | $15.00 |
| − Vacancy | −$4.0k | −$1.55 |
| EGI | $34.4k | $13.46 |
| − OpEx | −$10.3k | −$4.04 |
| NOI | $24.1k | $9.42 |
2,560 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$344.4K
$301.4K – $401.9K
NOI $24,111 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$600.9K
$525.8K – $701.0K
NOI $42,062 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 35115, AL
15,260
Population
6,388
Households
2.4
Avg Household Size
34
Median Age
22%
College-Educated
82%
High-School Grad
123.4 sq mi
ZIP Area
124
Density / Sq Mi
$54,157
Median Household Income
$32,000
Median Earnings
$807
Median Rent
$165,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for purchase in Montevallo, Alabama.
Where is this retail space located?
The property is located at 356 Co Rd 54 Montevallo, AL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: No property information was provided to generate selling points.
