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1307-1309 9th Ave 5,410 SF Retail Building Bessemer, AL 35020 $1,042,500 CAD ($192.70 CAD/SF) 4.32% Cap Rate
Executive Summary
The company is currently operating with a 50% deficit of qualified machinists. At least 2 machinists are required for this size property, which would improve the cap rate significantly.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,410 SF
Building Class
C
Year Built
1960
Price
$1,042,500 CAD
Price Per SF
$192.70 CAD
Cap Rate
4.32%
NOI
$45,036 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
C4 - Commercial
Frontage
116’ on 9th N Ave
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $9,396 CAD | Total Assessment | $42,117 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$9,396 CAD
Improvements Assessment
$0 CAD
Total Assessment
$42,117 CAD
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1307-1309 9th Ave
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