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Anniston Office Investment Opportunity
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220 E J St, Anniston, AL 36207

Leased office space with corporate guaranty and convenient access.

Property Size1,200 SF
Price / SF$114.92
Days on Market869

Property Features for 220 E J St

General Information

Standard status Active
Size 1,200 SF
Class B
Property subtype Office
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $14,400

Building Details

Year Built 1950
Buildings 1
Stories 1
Tenancy Single
Listing Agency: NAI Chase Commercial RE Services, Inc.
Listed By: Randy Thomas · License #AL 000053820
Source: Crexi
Added: Jun 4, 2024 Changed: Oct 13 Last Checked: Oct 19 at 7:25AM

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 NAI Chase Commercial RE Services, Inc.

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Investment Insights

Based on property information with market context.

This investment property features a leased office space with a corporate guaranty. The tenant took possession on August 1, 2025. The property offers an attractive and roomy office space with good visibility and easy access. The renovated and well-maintained office space provides approximately 1,200 square feet. The interior includes a reception area, three private offices, a breakroom, a storage area, and one restroom. Parking is available at the door, and exterior signage is present. The Suburban Corridor Zoning allows for most office uses and many retail establishments.

Key Highlights

  • Newly leased investment property with corporate guaranty providing stable income.
  • High visibility and easy access location.
  • Suburban Corridor Zoning allows for diverse office and retail uses.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,266
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,320 $185.3K
Cap Rate 7%
$132,371 $132.4K
Cap Rate 9%
$102,956 $103.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$15.8K $13.20/SF
− Vacancy
−$3.5K −$2.90/SF
EGI
$12.4K $10.30/SF
− OpEx
−$3.1K −$2.57/SF
NOI
$9.3K $7.72/SF
Area
Calhoun County, AL
Vacancy
22.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,320
Cap Rate 7%
$132,371
Cap Rate 9%
$102,956

Alternative Uses

Best Use
Office B
$132.4K
$115.8K – $154.4K (±1% cap)
NOI $9,266 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$184.5K
$161.4K – $215.2K (±1% cap)
NOI $12,914 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 36207, AL

19,553
Population
9,260
Households
2.1
Avg Household Size
44
Median Age
32%
College-Educated
90%
High-School Grad
74.8 sq mi
ZIP Area
261
Density / Sq Mi
$70,090
Median Household Income
$39,898
Median Earnings
$890
Median Rent
$195,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Leased office space with corporate guaranty and convenient access.
Where is this office unit located?
The property is located at 220 E J St Anniston, AL.
What is the asking price?
The asking price for this property is $137,900.
What are key features of this property?
This property features: Newly leased investment property with corporate guaranty providing stable income.; High visibility and easy access location.; Suburban Corridor Zoning allows for diverse office and retail uses.
(205) 229-5417 Call to check price and availability
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