Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3410 AL-69 Northport, AL 35473

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    3,690 SF building ideal for retail, medical, or office.

    Type:Retail, Office
    Property size:
    3,690 SF
    Added:
    May 4, 2023
    Days on Market:
    1087
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 3410 AL-69

    General Information

    Standard status
    Active
    Size
    3,690 SF
    Property subtype
    Retail, Office

    Spaces For Lease

    at 3410 AL-69 Contact us

    $20 /Mo

    Size
    3,690 SF
    Type
    Retail, Office
    Contact us

    We can help!

    Listing Contact
    PJ Shackelford

    Listing agent PJ Shackelford License #AR0174034

    Listing office NAI Chase Commercial RE Services, Inc. - Birmingham

    Listing date May 4, 2023

    Source Crexi

    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. - Birmingham

    Overview

    Freestanding Building in Northport

    This is a freestanding 3,690 square foot building offering high visibility and easy access. Monument signage is available. The property is suitable for retail, medical, or office use.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Northport
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.5855
    Latitude
    33.2545

    Nearby Similar for Lease

    • $1,750/Mo

      Northport Retail or Office Space

      Retail or office space available in Northport, Alabama.
      3120 McFarland Blvd, Northport, AL 35476
      View Details
    • $4,500/Mo

      Northport Office Space Available

      3,956 SF office space suitable for various business types.
      5500 Watermelon Rd, Northport, AL 35473
      View Details
    • $3,500/Mo

      Northport Retail Space For Rent

      3,000 SF retail space available in Northport, Alabama.
      230 McFarland Boulevard, Northport, AL 35476
      View Details
    • $5,000/Mo

      Northport Warehouse Space for Lease

      10,000 SF warehouse space in Northport, Alabama for lease.
      3160 Mcfarland Boulevard, Northport, AL 35476
      View Details
    • $7,500/Mo

      Northport Warehouse Space For Lease

      15,000 SF warehouse space with multiple loading options.
      3160 Mcfarland Boulevard, Northport, AL 35476
      View Details
    • $3,500/Mo

      Retail Space in Black Warrior

      3,000 SF retail space suitable for various business types.
      230 McFarland Boulevard unit: 226, Northport, AL 35476
      View Details
    • $1,190/Mo

      Retail Space in Northport, AL

      Neighborhood retail center with steady traffic and reliable demand.
      742 McFarland Boulevard, Northport, AL 35476
      View Details
    • $12,000/Mo

      Northport Warehouse Space Available

      24,000 SF warehouse space for lease in Northport, AL.
      3160 Mcfarland Boulevard, Northport, AL 35476
      View Details
    • $25 SF/Yr

      Retail Space in Growing Northport

      3,500 SF retail space in a busy Northport center.
      5550 Mcfarland Boulevard unit: 1000, Northport, AL 35476
      View Details
    • $5,250/Mo

      Northport Retail/Restaurant Space Available

      2,035 SF former restaurant space for lease in Northport.
      2701 Lurleen B Wallace Boulevard, Northport, AL 35476
      View Details
    • $14 SF/Yr

      Retail Space in Black Warrior

      3,000 SF retail space with flexible floor plan.
      240 Mcfarland Blvd, Northport, AL
      View Details
    • $19,396/Mo

      Northport Industrial Facility For Lease

      49,000 SF industrial facility with highway access in Northport, AL.
      3160 Mcfarland Boulevard, Northport, AL 35476
      View Details

    FAQs

    What type of property is this?
    Retail space - 3,690 SF building ideal for retail, medical, or office.
    Where is this retail space located?
    The property is located at 3410 AL-69 Northport, AL.
    What are key features of this property?
    This property features: Free standing 3,690 SF building; High visibility; Easy access
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    PJ Shackelford
    Real Estate License ID: AR0174034
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!