Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    6611 Univ Blvd Cottondale, AL 35453

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6611 Univ Blvd Cottondale, AL 35453

    View on Map
    • Mixed-use properties
    • 3,654 SF
    • 0.53 lot acres
    For Sale
    $369,900
    View Listing →
    Cottondale Mixed-Use Investment Opportunity For Sale
    $369,900
    3,654 SF

    Cottondale Mixed-Use Investment Opportunity

    Two Buildings, High Visibility, Endless Potential

    Coaling, AL 35453
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 6611 Univ Blvd

    Lot size
    0.53 lot acres
    Property size
    3,654 SF
    Property type
    Mixed-use properties

    Description

    This exceptional mixed-use property, located at 6611 Univ Blvd E in Cottondale, Alabama, presents a remarkable investment opportunity. Situated on a 0.53-acre lot, the property boasts two buildings totaling over 3,654 square feet, offering significant versatility. The smaller building, approximately 1,470 square feet, features a spacious open area, perfect for retail or office space, complemented by two bathrooms and a dedicated office. The larger building, encompassing approximately 2,184 square feet, provides even more flexibility. Currently configured as a church, this building includes a large open area, a kitchen, a bathroom, and several smaller rooms, ideal for various uses. The property's prime location in Cottondale, with convenient access to Highway 20/59, ensures high visibility and accessibility for any business. The metal construction of the smaller building offers durability and low maintenance. This property is ready for a new owner to envision and implement their business plans, making it an ideal investment for entrepreneurs and investors alike. The combination of size, location, and adaptable floor plans makes this a truly unique opportunity in the thriving Cottondale market. The property is priced at $369,900.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cottondale
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.4496
    Latitude
    33.1895

    Comparable in this City

    • Value Estimation
      $2,405,000
      15,324 SF

      3201 Buttermilk Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 15,324 SF
      3201 Buttermilk Rd, Cottondale, AL 35453-1961
      View Details
    • Value Estimation
      $815,000
      5,200 SF

      13353 Hwy 11th N

      OFFICE/RESIDENTIAL (MIXED USE) • 5,200 SF
      13353 Hwy 11th N, Coaling, AL 35453
      View Details
    • Value Estimation by Request
      128 SF

      7400 University E Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 128 SF
      7400 University E Blvd, Cottondale, AL 35453
      View Details
    • Value Estimation by Request
      1,080 SF

      7600 Old Birmingham Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,080 SF
      7600 Old Birmingham Hwy, Cottondale, AL 35453-0314
      View Details
    • Value Estimation by Request
      1,200 SF

      5601 Skyland E Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,200 SF
      5601 Skyland E Blvd, Cottondale, AL 35453-1762
      View Details
    • Value Estimation by Request
      2,000 SF

      Hagler Coaling Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,000 SF
      Hagler Coaling Rd, Cottondale, AL 35453
      View Details

    Similar Nearby for Sale

    • $369,900
      3,654 SF

      Cottondale Mixed-Use Investment Opportunity

      Two Buildings, High Visibility, Endless Potential
      6611 Univ Blvd, Cottondale, AL 35453
      View Details
    • $239,900

      Commercial Land Near Interstate

      Vacant commercial land with high traffic count near interstate.
      4 University Blvd E, Cottondale, AL 35453
      View Details
    • $70,000
      1.00 Acre

      Cottondale Industrial Land for Sale

      1-Acre lot, prime industrial location.
      10400 Technology Dr, Cottondale, AL 35453
      View Details
    • Contact for pricing

      Coaling Mini-Storage Investment Opportunity

      59-unit mini-storage facility in Coaling, Alabama, offered at a 10% cap rate.
      0000 Middle Coaling Rd, Coaling, AL 35453
      View Details
    • Contact for pricing
      4,046 SF

      Mobile Home Park Mixed Use

      Mobile home park with retail zoning and mixed use potential.
      3631 Clements Rd, Cottondale, AL 35453
      View Details
    • $239,900
      0.57 Acres

      Commercial Land in Cottondale, AL

      Vacant commercial land with high traffic count near Interstate.
      4 University Blvd E, Cottondale, AL 35453
      View Details
    View Listing
    Request Owner's contact information
    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.
    6611 Univ Blvd
    Cottondale, AL 35453
    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
    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

    Thank You for Inquiry

    6611 Univ Blvd, Cottondale, AL, 35453

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!