Auto Shop with
New
For Sale
$500,000
9265 Highway 431 S, Owens Cross Roads, AL 35763
COMMERCIAL - Owens Cross Roads, AL
Property Size5,500 SF
Lot Size0.95 Acres
Price / SF$90.91
Days on Market1
Property Features for 9265 Highway 431 S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business, Commercial, Industrial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Driveway
Subdivision
Metes And Bounds
Lot features
High Visibility
Directions
Take Us Hwy 431 S Towards Owens Cross Roads. Property Is Located On The Left At 9265 Hwy 431 S. Parcel 26 And 27 From Madison County Tax Assessor's Parcel Viewer
Standard status
Active
APN
2209290001026.000
Size
5,500 SF
Lot size
0.95 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Brick
Roof type
Metal
Listing Agency:
Kma Real Estate
(256) 988-4444
Listed By:
Katie Arvidson · License #130142
(256) 988-4444
Added: Aug 11
Last Checked: Aug 11 at 5:06PM
MLS# 21926203
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,500-square-foot auto shop occupies 0.95 acres along Highway 431 S in Owens Cross Roads. The property is being offered as-is with equipment, inventory, parts, tools, and supplies included. Previously used as a small engine repair shop, the building includes two bathrooms, brick flooring, electric heating, central air, and a metal roof.
Public water and public sewer serve the property, while driveway parking provides on-site vehicle access. Highway 431 frontage supports direct roadside exposure and convenient access. The existing improvements and included contents provide a defined starting point for continued small engine repair or another automotive-oriented use, subject to verification of zoning and required licenses.
Public water and public sewer serve the property, while driveway parking provides on-site vehicle access. Highway 431 frontage supports direct roadside exposure and convenient access. The existing improvements and included contents provide a defined starting point for continued small engine repair or another automotive-oriented use, subject to verification of zoning and required licenses.
Key Highlights
- 5,500‑square‑foot auto shop on 0.95 acres
- Highway 431 S frontage in Owens Cross Roads
- Equipment, inventory, parts, tools, and supplies included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,292
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$445,840
$445.8K
Cap Rate 7%
$318,457
$318.5K
Cap Rate 9%
$247,689
$247.7K
Market Conditions
NOI Build-Up for 5,500 SF
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.
Gross rent
$33.0K $6.00/SF
− Vacancy
−$1.2K −$0.21/SF
EGI
$31.8K $5.79/SF
− OpEx
−$9.6K −$1.74/SF
NOI
$22.3K $4.05/SF
Area
Madison County, AL
Vacancy
3.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$445,840
Cap Rate 7%
$318,457
Cap Rate 9%
$247,689
Alternative Uses
Best Use
Retail
$960.3K
$840.3K – $1.12M
NOI $67,221 @ 7.0% cap · market cap 13.44%
Second Best
Industrial
$318.5K
$278.7K – $371.5K
NOI $22,292 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,254 @ 7.0% cap · market cap 20.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
SUBWAY
Dining
1,508 visits/mo
0.4 miles
Demographics for 35763, AL
21,889
Population
7,281
Households
3
Avg Household Size
39
Median Age
58%
College-Educated
96%
High-School Grad
40.8 sq mi
ZIP Area
536
Density / Sq Mi
$125,356
Median Household Income
$66,305
Median Earnings
$2,455
Median Rent
$368,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market 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
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial shop offered with equipment, inventory, parts, tools, and supplies for an automotive-oriented operation.
Where is this auto shop located?
The property is located at 9265 Highway 431 S Owens Cross Roads, AL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 5,500‑square‑foot auto shop on 0.95 acres; Highway 431 S frontage in Owens Cross Roads; Equipment, inventory, parts, tools, and supplies included
