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4410 Gary Ave Fairfield, Al. 35064 4408-4414 Gary Ave 4,100 SF 100% Leased Retail Building Fairfield, AL 35064 $400,000 ($97.56/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 | ANNUAL PER SF |
|---|---|---|
| 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 | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| 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
$400,000
Price Per SF
$97.56
Cap Rate
11.20%
NOI
$44,800
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
PROPERTY TAXES
| Parcel Number | 30-00-12-2-010-009.000 | Improvements Assessment | $0 (2024) |
| Land Assessment | $0 (2024) | Total Assessment | $33,580 (2024) |
PROPERTY TAXES
Parcel Number
30-00-12-2-010-009.000
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$33,580 (2024)
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4410 Gary Ave Fairfield, Al. 35064 | 4408-4414 Gary Ave
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