Property profile

8253 Al Highway 69 Arab, AL 35016

FOR SALE
Retail space
Property ID
US03-0732801
2,400 SF 0.5 ac lot Built 1950
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial site featuring a 2,400-square-foot block building with extensive street-facing window glazing that supports retail or service-oriented interior layouts. The site is configured with customer access in mind, including ample parking and additional open space adjacent to the building that could accommodate expansion of parking areas, if needed. Located on Al Hwy 69 at a busy corner intersection directly in front of Marshall Medical Center, the access is controlled by a traffic light at the intersection. The property’s exterior includes flexible outdoor space alongside the building. A portion of the land has historically been used under a rented “corner farmer’s market” setup, and the site has visible frontage and a parking configuration suitable for retail or office presence, subject to applicable zoning and permitting requirements.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Lot 0.5 ac (21,780 SF)
Zoning code 25
APN 14-02-04-0-000-070.000
UPID US03-0732801

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8253 Al Highway 69 Arab, AL 35016
Arab metro Census 30502 ALBERTVILLE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2023
Last sale
$245,000
3 recorded transactions
2023
$245,000
2020
Price N/A
1969
Price N/A

Zoning & alternative use

25 · Arab, AL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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