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    Arab, AL
    Mixed-Use

    Arab, AL Mixed-use Properties for Sale

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    Guntersville, AL Joppa, AL Union Grove, AL Holly Pond, AL Baileyton, AL Blountsville, AL Cullman, AL Laceys Spring, AL
    Mixed-Use Asset in Downtown Arab
    Updated: Nov 21, 2025
    Mixed-Use Asset in Downtown Arab

    31 NW 8th St, Arab, AL 35016

    $1,400,000
    17,561 sqft
    Mixed‑use asset offering both residential and commercial income streams. Features 12 apartment units and 13 office/storefront spots.
    Located in the heart of downtown Arab, Alabama's central business district. Enjoy a walkable downtown street location.
    Benefit from proximity to the fast‑growing market of Huntsville, Alabama.
    Diverse apartment unit mix includes 1, 2, 3, and 4‑bedroom options.
    Office/storefront spots offer approximately 795 square feet of space each.
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    This listing looks promising.

    Here's a quick look at some key insights for

    31 NW 8th St, ARAB, AL 35016

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $98K
      Annual

    • Mortgage

      $280K
      Nov 2021

    • Last Sold

      Nov 2021
      $350K

    • Property Type

      Apartment House
      Built 1986
    View Property Analytics
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Arab, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Development Parcels
    Mixed-Use Development Parcels

    4009 US Highway 31 S, Decatur, AL 35603

    $400,000
    3,025 sqft 5.60 AC lot

    Three parcels totaling 5.6 acres are zoned Community Commercial with over 200 feet of US Highway 31 S frontage.

    View details
    Highway 69 Mixed-Use Property
    Highway 69 Mixed-Use Property

    61 Al Hwy 69 N, Cullman, AL 35055

    $375,000
    4,320 sqft

    Mixed-use property with shop and livable space on Highway 69.

    View details
    Decatur Commercial Land Opportunity
    Decatur Commercial Land Opportunity

    4009 US Highway 31 S, Decatur, AL 35603

    $400,000

    Three parcels with highway frontage, offering diverse development potential.

    View details
    Cullman, AL Development Opportunity
    Cullman, AL Development Opportunity

    Graham St SW, Cullman, AL 35055

    $2,990,000
    2,120 sqft

    Mixed-use development opportunity in Cullman, Alabama.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Guntersville Land with Lake View
    Guntersville Land with Lake View

    5000 Launch Drive, Guntersville, AL 35976

    $695,000
    15.03 AC lot

    15-acre commercial land with development potential and lake views.

    View details
    Owens Cross Roads Land Opportunity
    Owens Cross Roads Land Opportunity

    11 Acres Cave Spring Road, Owens Cross Roads, AL 35763

    $1,900,000
    11.00 AC lot

    Prime land for retail, commercial, or residential development.

    View details
    Historical Downtown Business District Land
    Historical Downtown Business District Land

    92 Joplin Street, Gurley, AL 35748

    $140,000

    Two joining lots in Gurley's Historical Downtown Business District.

    View details
    Historical Downtown Land Opportunity
    Historical Downtown Land Opportunity

    92 Joplin Street, Gurley, AL 35748

    $140,000
    0.92 AC lot

    Two joining lots in Gurley's Historical Downtown Business District.

    View details

    Off-Market Properties in Arab, AL

    Consider similar Off-Market properties in Arab, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Us Hwy 231
    OFFICE/RESIDENTIAL (MIXED USE)

    Us Hwy 231, Arab, AL 35016

    Value Estimation by Request
    1,600 sqft 0.90 AC lot
    View details
    5975 County Rd 1763
    STORE/OFFICE (MIXED USE)

    5975 County Rd 1763, Arab, AL 35016-2910

    $1,885,000
    Estimated value
    8,320 sqft 2.04 AC lot
    View details
    16196 Al Hwy, Unit 69
    STORE/OFFICE (MIXED USE)

    16196 Al Hwy, Arab, AL 35016

    Unit 69
    Value Estimation by Request
    1,879 sqft 1.44 AC lot
    View details

    Arab, AL Mixed-Use Properties Market Trends and Statistics

    Explore 4 mixed-use properties for sale in Arab, AL on our real estate platform. These investment opportunities span a total of 17,561 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for multi use buildings in Arab, AL start at $1,400,000, averaging $1,400,000, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 17K
    Population Growth (5Y) +8.2%
    Median Household Income $60,910
    College Educated 29.4%

    High-Yield Neighborhoods for Investment

    Identify Arab submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    35016 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 3.54%
    Property Tax per SF $87.21 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marshall County

    New Delisted

    Total CRE Inventory on Market (SF)

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