Add Listing
    For Sale
    • 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

    40863 Us Highway 280 Sylacauga, AL 35151

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Vacant 1,500 SF Office, Alabama

    Property size:
    1,500 SF

    Property Features for 40863 Us Highway 280

    General Information

    Property type
    Office properties & Spaces
    Square Feet
    1,500 SF
    Class
    B
    Lot Size
    17,860 SF

    Building Details

    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Jerry Tortorigi
    Jerry Tortorigi

    Listing Agency: Tortorigi Properties, Inc. Listing Agent: Jerry Tortorigi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional investment opportunity presents a vacant, 1,500 square foot Class B office building situated on a 0.41-acre lot in Sylacauga, Alabama. Located at 40863 US-280, this single-story building offers a traditional office layout ideal for owner-users. The asking price is $250,000, translating to a price per square foot of $166.67. The property features a reception area, three private offices, a breakroom, and two restrooms. The lease type is NNN, and the property was vacated on August 22, 2022, with the lease commencement date of August 31, 2022. The building is currently vacant, presenting a blank canvas for a new tenant or owner-occupier. This is a credit-rated tenant space, offering peace of mind for potential investors. The property's convenient location in Talladega County, Alabama, and its functional layout make it an attractive option for businesses seeking a well-maintained office space. The property's single-tenant history simplifies management and provides a clear understanding of its operational history. This is a rare opportunity to acquire a well-priced, strategically located office building in a growing market. The property is ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sylacauga
    County
    Talladega
    State
    Alabama
    Longitude
    -86.291722551341
    Latitude
    33.177709370478

    Nearby Similar for Sale

    • New
      $155,000
      Pending

      Two Buildings in Sylacauga

      Two buildings, approximately 1500 sq.ft. each, high visibility location.
      407 N Elm Ave, Sylacauga, AL 35150
      View Details
    • $149,900
      1.15 Acres

      SYLACAUGA Office For Sale

      Commercial office or residential restoration opportunity in Sylacauga, Alabama.
      101 E 1St St, Sylacauga, AL 35150
      View Details
    • $900,000
      2,331 SF

      Equestrian Estate Minutes from Pursell

      38.6 acre equestrian estate in Coosa County, minutes from Sylacauga.
      15315 County Rd 56, Sylacauga, AL 35151
      View Details
    • $150,000
      0.33 Acres

      SYLACAUGA Mixed-Use Property For Sale

      11-bedroom, 7-bathroom property with mixed-use zoning in SYLACAUGA, AL.
      7 S Norton Ave, Sylacauga, AL 35150
      View Details
    • $129,000
      0.23 Acres

      Restaurant Business Opportunity in Sylacauga

      Commercial building and food truck in high-traffic Sylacauga location.
      5159 Hwy 21, Sylacauga, AL 35151
      View Details
    • $120,000
      0.20 Acres

      Turnkey Daycare Opportunity in Sylacauga

      Fully equipped daycare near B.B. Comer School, ready for new owner.
      520 W 9Th St, Sylacauga, AL 35150
      View Details
    • $2,200,000
      3,264 SF

      Sprawling Farm with Hardwood Forest

      128-acre farm with a brick home and extensive amenities.
      2597 County Rd 5, Sylacauga, AL 35151
      View Details
    • $280,000
      3.22 Acres

      Sylacauga Industrial Investment Opportunity

      Industrial property featuring multiple buildings on 3.22 acres.
      10 Eastern Ave, Sylacauga, AL 35150
      View Details
    • $9,500,000
      1,488.00 Acres

      Sylacauga Vacant Land For Sale

      1488 acre farm with creeks and pastures.
      Talladega Hwy, Sylacauga, AL 35106
      View Details
    • $2,032,060

      Freestanding Dollar General Store

      New construction Dollar General in Brownsville, TX for sale.
      1430 Talladega Hwy, Sylacauga, AL 35150
      View Details
    • Contact for pricing

      Community Shopping Center For Sale

      104,939 SF shopping center anchored by Piggly Wiggly.
      1351 W Fort Williams St, Sylacauga, AL 35150
      View Details
    • Contact for pricing

      Retail Spaces in Marble City

      Neighborhood center with great visibility in north Sylacauga market.
      1269 Talladega Hwy, Sylacauga, AL 35150
      View Details

    FAQs

    What type of property is this?
    Office property - Vacant 1,500 SF Office, Alabama
    Where is this office property located?
    The property is located at 40863 Us Highway 280 Sylacauga, AL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price for a 1,500 SF Class B office building.; Owner/user opportunity in a vacant, single-tenant property.; Located at 40863 US-280, Sylacauga, AL 35151 on a 0.41-acre lot.
    (205) 243-4667 Call to check price and availability
    Request Owner's contact information
    40863 Us Highway 280 Sylacauga, AL 35151
    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.
    40863 Us Highway 280
    Sylacauga, AL 35151
    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
    40863 Us Highway 280 Sylacauga, AL 35151
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jerry Tortorigi
    Jerry Tortorigi
    Real Estate License ID: AL.74748000
    (205) 243-4667 (205) 856-5050
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!