Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3508 Cogswell Ave Pell City, AL 35125
    Property profile & analytics

    3508 Cogswell Ave, Pell City, AL 35125

    View on Map
    • Retail properties & Spaces
    • 15,950 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3508 Cogswell Ave

    Year built
    1981
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional 15,950-square-foot storefront, located at 3508 Cogswell Ave in Pell City, Alabama (zip code 35125), presents a remarkable investment opportunity. Built in 1981, the property sits on a substantial 130,680-square-foot lot, offering ample space and high visibility on Highway 78. The asking price is $1,100,000, translating to $68.97 per square foot. Its versatile layout allows for diverse uses, including climate-controlled storage, an antique mall, or multiple rental spaces. The property's prime location in a high-traffic area ensures excellent customer access and visibility. This well-maintained structure provides a blank canvas for a thriving business venture, making it an ideal investment for entrepreneurs seeking a prominent presence in Pell City's commercial landscape. The expansive parking area adds significant convenience for customers and tenants. This is a rare opportunity to acquire a large, well-situated retail space with significant potential for growth and return on investment. Don't miss this chance to establish your business in a thriving Alabama community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pell City
    County
    St. Clair
    State
    Alabama
    Longitude
    -86.2653
    Latitude
    33.5932

    Comparable in this City

    • Value Estimation by Request
      16,500 SF

      613 Martin St

      Individual retail properties
      613 Martin St, Pell City, AL 35125
      View Details
    • Value Estimation
      $825,000
      7,274 SF

      902 Martin N St

      RETAIL STORES (PERSONAL SERVICES)
      902 Martin N St, Pell City, AL 35125-1338
      View Details
    • Value Estimation by Request
      1,292 SF

      4503 Cogswell Ave

      RETAIL STORES (PERSONAL SERVICES)
      4503 Cogswell Ave, Pell City, AL 35125-2705
      View Details
    • Value Estimation by Request
      5,040 SF

      2007 Cogswell Ave

      RETAIL STORES (PERSONAL SERVICES)
      2007 Cogswell Ave, Pell City, AL 35125-1728
      View Details
    • Value Estimation
      $635,000
      7,445 SF

      Us Hwy 231

      RETAIL STORES (PERSONAL SERVICES)
      Us Hwy 231, Pell City, AL 35125
      View Details
    • Value Estimation by Request
      5,068 SF

      Pell City, AL 35125

      RETAIL STORES (PERSONAL SERVICES)
      Pell City, AL 35125
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,466 SF

      Pell City Commercial Building

      Versatile commercial building with high visibility and multiple access points.
      2401 12Th Ave N, Pell City, AL 35125
      View Details
    • Contact for pricing
      15,950 SF

      Landmark Retail Property on Highway

      High-visibility retail property with flexible space and excellent accessibility.
      3508 Cogswell Ave, Pell City, AL 35125
      View Details
    • $1,100,000
      3.00 Acres

      Highway 78 Landmark Retail Property

      High-visibility retail/office property on Highway 78 in Pell City, AL.
      3508 Cogswell Ave, Pell City, AL 35125
      View Details
    • Contact for pricing

      Interstate Visible Restaurant Pad Site

      1.2 AC pad site suitable for restaurant with drive-thru.
      Pell, Pell City, AL 35125
      View Details
    • $125,000
      0.22 Acres

      Pell City Retail with Drive-Through

      Downtown Pell City retail with drive-through and parking.
      2001 1St Ave, Pell City, AL 35125
      View Details
    • Contact for pricing
      4,088 SF

      Established Mechanic's Shop on Highway

      Mechanic's shop on US Highway 78 with specialized equipment.
      3315 Cogswell Ave, Pell City, AL 35125
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr

      Retail Space Near Bells Outlet

      Retail space in Pell City, Alabama, anchored by Bells Outlet.
      Pell, Pell City, AL 35125
      View Details
    • $125,000

      Prime Commercial Land for Lease

      High-visibility land near I-20 and Logan Martin Lake.
      Pell, Pell City, AL 35125
      View Details
    • Contact for pricing
      24,000 SF

      Pell City Warehouse: 24,000 SF

      New 24,000 SF warehouse, unrestricted zoning.
      12 Pine Ridge Rd, Pell City, AL 35125
      View Details
    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.
    3508 Cogswell Ave
    Pell City, AL 35125
    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
    3508 Cogswell Ave, Pell City, AL, 35125
    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!