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4410 Gary Ave Fairfield, Al. 35064 4408-4414 Gary Ave 4,100 SF 100% Leased Retail Building Fairfield, AL 35064 $550,612 CAD ($134.30 CAD/SF) 11.20% Cap Rate
Investment Highlights
- Newly Redeveloped
- Great Visability
Executive Summary
Prime 6-unit commercial building in the heart of Fairfield’s business corridor generating a pro-forma income of $4,100/month. This newly redeveloped property features a strong tenant mix including a beauty studio, barbershop, photo studio, ice cream shop, and nonprofit organization. Each unit has updated, modern interiors. Convenient front parking, high visibility, and low-maintenance construction make this an ideal turnkey investment. Located minutes from I-20/59 and downtown Birmingham, the property benefits from Fairfield’s ongoing revitalization efforts attracting new businesses, infrastructure improvements, and community development. A stable cash-flowing asset with long-term growth potential in a rapidly improving market.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| 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 (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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
Property Type
Retail
Property Subtype
Building Size
4,100 SF
Building Class
C
Year Built/Renovated
1966/2025
Price
$550,612 CAD
Price Per SF
$134.30 CAD
Cap Rate
11.20%
NOI
$61,669 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.23 AC
Zoning
B-3 - General Business District
Parking
10 Spaces (2.44 Spaces per 1,000 SF Leased)
Frontage
92’ on Gary Ave
Amenities
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 30-00-12-2-010-009.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $46,720 CAD |
Property Taxes
Parcel Number
30-00-12-2-010-009.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$46,720 CAD
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4410 Gary Ave Fairfield, Al. 35064 | 4408-4414 Gary Ave
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