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    1728 11Th Ave Haleyville, AL 35565
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    1728 11Th Ave Haleyville, AL 35565

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    • Office buildings
    • 7,649 SF
    For Sale
    $799,000
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    Haleyville Commercial Property For Sale For Sale
    $799,000
    7,649 SF

    Haleyville Commercial Property For Sale

    Commercial property with highway frontage, large parking lot, and drive-thru.

    1728 11TH Ave, Haleyville, AL 35565
    View Listing
    Property ID
    US03-2114625
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Revive Medical Center / Medical Clinic

    Property Details for 1728 11Th Ave

    Year built
    1972
    Property size
    7,649 SF
    Property type
    Office buildings
    Property subtype
    Storefront properties

    Description

    #6711- Great location for this commercial property. Hwy road frontage on the 4-lane on Hwy 13 North, large parking lot, drive-thru window, and multiple ways to enter. The building has recently been renovated throughout featuring 9 offices, 3 restrooms, large kitchen/breakroom, 2 vaults, conference ... room, and a spacious lobby. So many possibilities!

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Haleyville
    County
    Winston
    State
    Alabama
    Longitude
    -87.635571
    Latitude
    34.217398

    Comparable in this City

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      Haleyville Commercial Building For Sale

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    • $239,900

      Haleyville Commercial Building For Sale

      Commercial building with retail, event venue, and loft space.
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    • $55,000
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      Haleyville Warehouse with Office Space

      Versatile warehouse/office building near downtown Haleyville, Alabama.
      5670 Newburg Rd, Haleyville, AL 35565
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      Pending

      Versatile Property with Multiple Garages

      Large property featuring a main building and multiple garages.
      2020 21St St, Haleyville, AL 35565
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    • $75,000
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      Haleyville, AL Hardwood Timberland

      40 acres of hardwood timberland with recreational opportunities.
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      Commercial Warehouse on 8 Acres

      56,000 sq ft warehouse with oversized parking and land.
      420 Alabama Hwy 13, Haleyville, AL 35565
      View Details

    Similar Nearby for Sale

    • New
      $229,000
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      Haleyville Commercial Building For Sale

      Commercial building in Haleyville with diverse income potential.
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      View Details
    • $239,900

      Haleyville Commercial Building For Sale

      Commercial building with retail, event venue, and loft space.
      918 20Th St, Haleyville, AL 35565
      View Details
    • $55,000
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      Haleyville Warehouse with Office Space

      Versatile warehouse/office building near downtown Haleyville, Alabama.
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      View Details
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      Pending

      Versatile Property with Multiple Garages

      Large property featuring a main building and multiple garages.
      2020 21St St, Haleyville, AL 35565
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    • $175,000
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      Haleyville Commercial Office Building

      Prime Location, Multi-Use Potential, High Visibility
      42244 Al-195, Haleyville, AL 35565
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    • $130,000
      1.52 Acres

      Haleyville Commercial Property on Highway

      Commercial property with highway frontage and paved parking.
      405 Al-13, Haleyville, AL 35565
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,729 SF

      Haleyville Freestanding Retail Building Available

      2,729 SF freestanding retail building for lease in Haleyville.
      2105 10Th Ave, Haleyville, AL 35565
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space for lease at 246 Bexar Ave E.
      246 Bexar Ave E, Haleyville, AL 35565
      View Details
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    Haleyville, AL 35565
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    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
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