Office-Retail Building with
965 Brindlee Mountain Parkway Arab, AL 35016
New
965 Brindlee Mountain Parkway, Arab, AL, 35016
$795,000
For Sale
$795,000
Multi-use office/retail building with five restrooms and 14-foot eaves, currently producing monthly rental income from two vendors.
Property Size6,350 SF
Price / SF$125.20
Days on Market3
Property Features for 965 Brindlee Mountain Parkway
General Information
- Standard status
- Active
- Size
- 6,350 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1973
Listing agency
Russ Russell Real Estate
(256) 527-7777
Listed by
Russ Russell · License #25965
(256) 527-7777
Source
Exitrealty
Added: Jul 21 Updated: Jul 23 at 4:43AM Checked: Jul 23 at 4:43AM
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 Russ Russell Real Estate
Investment Insights
Based on property information with market context.
This office/retail building offers flexible interior space arranged to support a range of commercial uses. The property includes five restrooms and 14-foot eaves, providing a practical layout for both office operations and retail activity. Existing monthly rentals from an ice vendor and a garden center vendor provide immediate income.
The building is located on Hwy 231S in Arab, AL, offering frontage along a major roadway. Its structure and improvements are suited to buyers looking for an income-producing commercial property with adaptable configuration.
With its multi-use setup, restroom count, and high eaves, the building is positioned to accommodate a variety of office and retail tenants under one roof.
The building is located on Hwy 231S in Arab, AL, offering frontage along a major roadway. Its structure and improvements are suited to buyers looking for an income-producing commercial property with adaptable configuration.
With its multi-use setup, restroom count, and high eaves, the building is positioned to accommodate a variety of office and retail tenants under one roof.
Key Highlights
- 6,350 SF multi‑use office/retail building built in 1973
- Located on Hwy 231S
- Features 14‑foot eaves and a modern interior layout for office or retail use
Local Financial Insights For Office B
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 | $114.3k | $18.00 |
| − Vacancy | −$18.9k | −$2.97 |
| EGI | $95.4k | $15.03 |
| − OpEx | −$23.9k | −$3.76 |
| NOI | $71.6k | $11.27 |
6,350 SF · lease $18.00/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.02M
$894.8K – $1.19M
NOI $71,580 @ 7.0% cap · market cap 9.00%
Second Best
Retail
$578.7K
$506.4K – $675.2K
NOI $40,509 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,939 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
New You Weight ...
Weight Loss Service
Twice The Ice
Big Box & Wholesale Store
ARAB NAIL SALON
Nail Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Multi-use office/retail building with five restrooms and 14-foot eaves, currently producing monthly rental income from two vendors.
Where is this office building located?
The property is located at 965 Brindlee Mountain Parkway Arab, AL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 6,350 SF multi‑use office/retail building built in 1973; Located on Hwy 231S; Features 14‑foot eaves and a modern interior layout for office or retail use
