Warehouse and Manufacturing
1250 Warehouse Drive Fort Payne, AL 35968
New
1250 Warehouse Drive, Fort Payne, AL, 35968
$1,800,000
For Sale
$1,800,000
COMMERCIAL - Fort Payne, AL
Property Size30,000 SF
Lot Size10.22 Acres
Price / SF$60
Days on Market3
Property Features for 1250 Warehouse Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1
- Standard status
- Active
- APN
- 2303061001003.000
- Size
- 30,000 SF
- Lot size
- 10.22 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Metal
Listing Agency
Southern Properties Agency Inc
(256) 845-6000
311 Gault Avenue N, Fort Payne, AL
Listed by
Glenn Horton · License #071124
(256) 996-5911
Added: Jul 15 Checked: Jul 17 at 5:06 am
MLS# 21915500
Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained warehouse and manufacturing facility includes a freshly remodeled reception and office area, seven private offices, and three bathrooms. The operations side is built for shipping and receiving with six loading docks and two drive-in doors.
The property sits on 10.22 acres with city utilities. It offers space that may support outdoor storage, equipment, or additional parking.
A total of 30,000 square feet is available for industrial use, with built-in distribution and access features suitable for day-to-day logistics needs.
The property sits on 10.22 acres with city utilities. It offers space that may support outdoor storage, equipment, or additional parking.
A total of 30,000 square feet is available for industrial use, with built-in distribution and access features suitable for day-to-day logistics needs.
Key Highlights
- 30,000 sq ft warehouse/manufacturing facility.
- Located just off Airport Road in Fort Payne.
- Features 6 loading docks and 2 drive‑in doors.
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 | $144.0k | $4.80 |
| − Vacancy | −$8.6k | −$0.29 |
| EGI | $135.4k | $4.51 |
| − OpEx | −$20.3k | −$0.68 |
| NOI | $115.1k | $3.84 |
30,000 SF · lease $4.80/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.64M
$1.44M – $1.92M
NOI $115,056 @ 7.0% cap · market cap 6.39%
Second Best
Industrial
$1.43M
$1.25M – $1.67M
NOI $100,019 @ 7.0% cap · market cap 5.56%
Theoretical Best
Healthcare Medical
$4.83M
$4.23M – $5.64M
NOI $338,310 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
Similar Off Market Nearby
- Wilson Storage — Godfrey Ave NE, Fort Payne, AL 35967
FAQs
What type of property is this?
Warehouse - Well-maintained warehouse with remodeled reception, office area, multiple private offices, and six loading docks.
Where is this warehouse located?
The property is located at 1250 Warehouse Drive Fort Payne, AL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 30,000 sq ft warehouse/manufacturing facility.; Located just off Airport Road in Fort Payne.; Features **6 loading docks and 2 drive‑in doors**.
