Flex Space With Roll-Up
For Sale
$325,000
A-810 Saraland Blvd S, Saraland, AL 36571
Office and warehouse areas provide adaptable space for commercial operations.
Property Size3,900 SF
Price / SF$83.33
Days on Market10
Property Features for A-810 Saraland Blvd S
General Information
Standard status
Active
Size
3,900 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,091
Building Details
Building Size
3,900 SF
Listing Agency:
Hartley Real Estate
(251) 675-3731
Listed By:
Sherry Mcinnis
(251) 401-3001
Source:
Exprealty
Added: Sep 2
Changed: Sep 8
Last Checked: Sep 11 at 3:17PM
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 Hartley Real Estate
Investment Insights
Based on property information with market context.
This 3,900-square-foot flex property combines a front office area with a high-ceiling warehouse, creating a practical mix of administrative and operational space. Five roll-up doors support loading and access throughout the warehouse component.
Located on Highway 43 at A-810 Saraland Blvd S in Saraland, the property sits across from Wendy's and Rural King. Its position along the highway places the building within a retail-oriented commercial corridor with direct exposure to passing traffic.
Located on Highway 43 at A-810 Saraland Blvd S in Saraland, the property sits across from Wendy's and Rural King. Its position along the highway places the building within a retail-oriented commercial corridor with direct exposure to passing traffic.
Key Highlights
- 3,900 square feet of flex space
- Front office paired with a high‑ceiling warehouse
- Five roll‑up doors provide warehouse access
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
$22,632
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
6.96%
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%
$452,640
$452.6K
Cap Rate 7%
$323,314
$323.3K
Cap Rate 9%
$251,467
$251.5K
Market Conditions
NOI Build-Up for 3,900 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
$37.4K $9.60/SF
− Vacancy
−$2.6K −$0.67/SF
EGI
$34.8K $8.93/SF
− OpEx
−$12.2K −$3.12/SF
NOI
$22.6K $5.80/SF
Area
Mobile County, AL
Vacancy
7.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
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%
$452,640
Cap Rate 7%
$323,314
Cap Rate 9%
$251,467
Alternative Uses
Best Use
Flex RnD
$323.3K
$282.9K – $377.2K
NOI $22,632 @ 7.0% cap · market cap 6.96%
Second Best
Warehouse
$317.8K
$278.1K – $370.8K
NOI $22,245 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$960.9K
$840.8K – $1.12M
NOI $67,263 @ 7.0% cap · market cap 20.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36571, AL
16,759
Population
7,755
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
91%
High-School Grad
39.3 sq mi
ZIP Area
426
Density / Sq Mi
$61,574
Median Household Income
$47,696
Median Earnings
$1,072
Median Rent
$210,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas provide adaptable space for commercial operations.
Where is this flex space located?
The property is located at A-810 Saraland Blvd S Saraland, AL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3,900 square feet of flex space; Front office paired with a high‑ceiling warehouse; Five roll‑up doors provide warehouse access
