Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8447 Us-431 Heflin, AL 36264

    • Day care centers
    • 8,100 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Day care centers

    Property Details for 8447 Us-431

    Property size
    8,100 SF
    Property type
    Day care centers
    Property subtype
    Retail properties

    Description

    This prime commercial property in Heflin, Alabama, offers a unique blend of office and warehouse space, ideal for a variety of businesses. Located at 8447 US-431, this single-story building boasts a total of 8,100 square feet, situated on a spacious 43,560 square foot lot. The asking price is $380,000, translating to $46.91 per square foot. The property features approximately 1,800 square feet of finished office space, including four private offices, a full kitchen, bathroom, ample storage closets, and a welcoming reception area. The remaining 6,300+ square feet comprises open warehouse space, providing significant flexibility for storage or production needs. Benefitting from high visibility, the property enjoys 308 feet of unobstructed road frontage on Alabama Highway 431, only 330 feet from the strategic Hollis Cross Roads intersection of Highways 431 and 9. This location offers excellent access and exposure to a growing business community. The property's size, layout, and prime location make it an attractive investment opportunity in a thriving area. The property is zoned for Mixed Use, allowing for a variety of commercial applications including childcare, healthcare, and retail. This versatile space presents a compelling opportunity for investors seeking a high-return property in a dynamic market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Heflin
    County
    Cleburne
    State
    Alabama
    Longitude
    -85.6382
    Latitude
    33.525

    Comparable in this City

    • Value Estimation by Request
      0.50 Acres

      26 Rusken Pkwy

      Retail properties • 0.50 Acres
      26 Rusken Pkwy, Heflin, AL 36264
      View Details
    • Value Estimation by Request
      1,284 SF

      26 Rusken Pkwy

      Individual retail properties • 1,284 SF
      26 Rusken Pkwy, Heflin, AL 36264
      View Details
    • Value Estimation
      $265,000
      525 SF

      707 Ross St

      HOMES (RETIRED, NURSING) • 525 SF
      707 Ross St, Heflin, AL 36264-1373
      View Details
    • Value Estimation
      $265,000
      2,070 SF

      Heflin, AL 36264

      MEDICAL BUILDING • 2,070 SF
      Heflin, AL 36264
      View Details
    • Value Estimation
      $285,000
      3,143 SF

      Heflin, AL 36264

      MEDICAL BUILDING • 3,143 SF
      Heflin, AL 36264
      View Details
    • Value Estimation
      $345,000
      17,834 SF

      150 Tompkins St

      MEDICAL BUILDING • 17,834 SF
      150 Tompkins St, Heflin, AL 36264-1836
      View Details

    Similar Nearby for Sale

    • $199,900
      0.50 Acres

      Heflin Retail Space - Turnkey Business

      Prime Heflin location, updated storefront, high potential.
      26 Rusken Pkwy, Heflin, AL 36264
      View Details
    • $135,000
      0.18 Acres

      Heflin Retail Space - Highway 46

      Prime Heflin location, new roof, high visibility.
      2191 Highway 46, Heflin, AL 36264
      View Details
    • $150,000
      0.50 Acres

      Retail Opportunity in Heflin, Alabama

      Turnkey retail opportunity with owner financing and updated amenities.
      26 Rusken Pkwy, Heflin, AL 36264
      View Details
    • $335,000
      2,016 SF

      Spacious Mobile Home on Acreage

      2023 mobile home on 4 acres with barn.
      3239 County Road 129, Heflin, AL 36264
      View Details
    • $1,225,000
      240.00 Acres

      240 Acres with River Frontage

      Land with Tallapoosa River frontage near Heflin, Alabama.
      County Road 414, Chulafinnee, AL 36264
      View Details
    • $64,900
      5.00 Acres

      Serene Acreage in Heflin, AL

      5-acre property with well, septic, and power near Wedowee.
      580 County Road 209, Heflin, AL 36264
      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.
    8447 Us-431
    Heflin, AL 36264
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.