Flex Space with Utility
New
For Sale
$219,900
Webster St, Muscle Shoals, AL 35661
Commercial Sale, Muscle Shoals, AL
Property Size1,800 SF
Lot Size0.24 Acres
Price / SF$122.17
Days on Market2
Property Features for Webster St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
00 Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Subdivision
City of Muscle Shoals
Elementary school
Muscle Shoals
Middle school
Muscle Shoals
High school
Muscle Shoals
Directions
From Muscle Shoals, take Avalon Ave east to Webster, turn left on to Webster. Go approx .2 miles, turn left in to a commercial parking lot(physical address will show 1902 Webster), building is last one on the left. Look for the sign.
Standard status
Active
Size
1,800 SF
Lot size
0.24 Acres
Utilities
Sewer type
Public Sewer
Building Details
Year built
1996
Listing Agency:
Nxcel Realty
(256) 567-3645
Listed By:
The Josh Rumble Team
(256) 710-3450
Added: Sep 18
Last Checked: Sep 19 at 7:06AM
MLS# 531318
Copyright © 2026 Strategic MLS Alliance, 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 1,800-square-foot flex space was built in 1996 and includes a bathroom. The property occupies 0.24 acres and is identified as commercial under 00 Commercial zoning.
Power, water, and public sewer serve the property, providing core utility infrastructure for commercial operations. The site is located on Webster St in Muscle Shoals, Alabama, within ZIP Code 35661.
Power, water, and public sewer serve the property, providing core utility infrastructure for commercial operations. The site is located on Webster St in Muscle Shoals, Alabama, within ZIP Code 35661.
Key Highlights
- 1,800‑square‑foot flex space built in 1996
- 0.24‑acre commercial site
- 00 Commercial zoning
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
$9,688
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
4.41%
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%
$193,760
$193.8K
Cap Rate 7%
$138,400
$138.4K
Cap Rate 9%
$107,644
$107.6K
Market Conditions
NOI Build-Up for 1,800 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
$16.2K $9.00/SF
− Vacancy
−$1.3K −$0.72/SF
EGI
$14.9K $8.28/SF
− OpEx
−$5.2K −$2.90/SF
NOI
$9.7K $5.38/SF
Area
Colbert County, AL
Vacancy
8.00%
Lease Rate
$9.00 /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%
$193,760
Cap Rate 7%
$138,400
Cap Rate 9%
$107,644
Alternative Uses
Best Use
Flex RnD
$138.4K
$121.1K – $161.5K
NOI $9,688 @ 7.0% cap · market cap 4.41%
Second Best
Warehouse
$124.3K
$108.8K – $145.1K
NOI $8,703 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$287.4K
$251.5K – $335.4K
NOI $20,121 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35661, AL
18,714
Population
8,911
Households
2.1
Avg Household Size
42
Median Age
24%
College-Educated
91%
High-School Grad
51.2 sq mi
ZIP Area
366
Density / Sq Mi
$66,726
Median Household Income
$43,826
Median Earnings
$917
Median Rent
$189,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Commercial flex space with power, water, public sewer, and a bathroom for adaptable business use.
Where is this flex space located?
The property is located at Webster St Muscle Shoals, AL.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 1,800‑square‑foot flex space built in 1996; 0.24‑acre commercial site; 00 Commercial zoning
