Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8808 Hwy 11 Springville, AL 35146
    Property profile & analytics

    8808 Hwy 11, Springville, AL 35146

    View on Map
    • Office Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 8808 Hwy 11

    Year built
    2018
    Property type
    Office Spaces

    Description

    This exceptional 1,050 square foot office space, located at 8808 Highway 11, Unit 105 in Springville, Alabama, presents a fantastic opportunity for businesses seeking a convenient and well-appointed location. Situated directly across from Springville High School and only four or five blocks from Interstate 59, this property offers unparalleled accessibility and visibility. The unit boasts four individual office spaces, perfect for a team or individual departments, along with a spacious conference room ideal for meetings and presentations. An executive office provides a private workspace for senior management, and a dedicated break room offers a comfortable space for employees to relax. Four designated parking spaces are included, ensuring ample parking for staff and clients. The property is well-maintained and ready for immediate occupancy. A monthly garbage fee of $15.00 is applicable. This is an excellent opportunity to establish a strong presence in a thriving community with easy access to major transportation routes. The property's proximity to Springville High School provides high visibility and a strong local presence. The combination of private offices, a large conference room, and ample parking makes this an ideal space for a variety of businesses. Don't miss this chance to secure this exceptional office space. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springville
    County
    St Clair
    State
    Alabama
    Longitude
    -86.4458
    Latitude
    33.7762

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      6099 Us Highway 11

      Office Spaces
      6099 Us Highway 11, Springville, AL 35146
      View Details
    • Value Estimation by Request
      0.33 Acres

      6324 Hwy

      Office Spaces
      6324 Hwy, Springville, AL 35146
      View Details
    • Value Estimation by Request
      6,000 SF

      6371 Main St

      Distribution properties
      6371 Main St, Springville, AL 35146
      View Details
    • Value Estimation by Request
      0.46 Acres

      6443 Hwy 11

      Office Spaces
      6443 Hwy 11, Springville, AL 35146
      View Details
    • Value Estimation by Request
      1,600 SF

      6324 Us-11

      Medical Office Space
      6324 Us-11, Springville, AL 35146
      View Details
    • Value Estimation by Request
      1,596 SF

      Springville, AL 35146

      OFFICE BUILDING
      Springville, AL 35146
      View Details

    Similar Nearby for Sale

    • $459,900
      0.46 Acres

      Downtown Springville Office Complex

      High-yield investment, fully leased.
      6443 Hwy 11, Springville, AL 35146
      View Details
    • Contact for pricing

      Wooded Lot Near I-59

      Level, wooded 2.7-acre lot suitable for office or retail.
      112 Robinson St, Springville, AL 35146
      View Details
    • Contact for pricing

      Luxury Brick Building Near School

      Luxury office building with high-end finishes and ample parking.
      8808 Us Highway 11, Springville, AL 35146
      View Details
    • New
      $599,900
      0.46 Acres

      Downtown Springville Commercial Property

      Commercial property in historic downtown Springville, all units currently rented.
      6443 Us Highway 11, Springville, AL 35146
      View Details
    • $875,000
      5.90 Acres

      Unique Industrial Property with Creek

      Versatile industrial property with multiple buildings and development potential.
      3860 Hwy 174, Springville, AL 35146
      View Details
    • $49,500
      1.40 Acres

      Woodland Hills Land Opportunity

      Two lots in Springville's Woodland Hills, near Elam Lake.
      Woodland Hills Dr, Springville, AL 35146
      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.
    8808 Hwy 11
    Springville, AL 35146
    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
    8808 Hwy 11, Springville, AL, 35146
    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!