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Property profile & analytics
OFF-MARKET
Office Spaces

Birmingham, AL 35242

4,000 SF Built 1985
Property ID
Property summary
AI-generated overview

This exceptional offering presents a turnkey opportunity to acquire a thriving residential electrical business and its accompanying real estate in Jefferson County, Alabama. The business, established in 1985 and renovated in 2021, boasts consistent annual sales exceeding $2 million, with an average Seller Discretionary Earnings (SDE) of $191,000. The single-story, 4,000-4,400 square foot office building sits on a sizable 31,000-32,000 square foot lot. Currently operating at 100% occupancy, the property is under a 10-year Absolute NNN lease with 8 years remaining. The sale includes the business and the real estate, providing a unique investment opportunity for an owner/user. The business benefits from a strong reputation for quality and reliable service, a skilled team of licensed electricians, and a loyal customer base generating significant repeat business and referrals. The prime location in Central Alabama offers potential for expansion into commercial services or new geographic areas. This is a rare chance to acquire a well-established, profitable business with significant growth potential, coupled with valuable real estate in a desirable location. The property is classified as Class C.

Property profile
Verified
Property type Office Spaces
Year built 1985
Total area 4,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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