1 Nelson Road Elkmont, AL 35620
LAND - Elkmont, AL
Property Features for 1 Nelson Road
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 0605160000016000
- Size
- 1,200 SF
- Lot size
- 0.50 Acres
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Listing agent Cody Smith License #110514 (256) 497-6689
Listing office Smith Realty & Auction 15708 US Highway 72, Athens, AL (256) 444-0502
Listing date Feb 11, 2026
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Investment Insights
Based on property information with market context.
Key Highlights
- 30x40 red iron building with bathroom and loft
- 1/2 acre lot with 120' of road frontage
- Septic tank already installed
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.5k | $6.24 |
| − Vacancy | −$389 | −$0.32 |
| EGI | $7.1k | $5.92 |
| − OpEx | −$1.1k | −$0.89 |
| NOI | $6.0k | $5.03 |
Alternative Uses
Property Analytics
Current Use by Public Records
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