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    Athens Warehouse with Fenced Lot

    16097 Parker Road Athens, AL 35611

    16097 Parker Road, Athens, AL, 35611
    $419,900
    For Sale
    Claim this Listing
    $419,900

    COMMERCIAL - Athens, AL

    Property Size5,200 SF
    Lot Size0.55 Acres
    Price / SF$80.75
    AddedFeb 11
    Days on Market154
    Last RefreshJul 15 at 10:06 am

    Property Features for 16097 Parker Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    12 01 12 0 000 047.000
    Size
    5,200 SF
    Lot size
    0.55 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Floors in Building
    2
    Flooring type
    Concrete

    Listing agent Cody Smith License #110514

    Listing office Smith Realty & Auction 15708 US Highway 72, Athens, AL

    Listing date Feb 11, 2026

    MLS# 21909635

    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 is a 5,200 sq. ft. red iron building with a 20'x40' covered area at the front. The property includes a fenced lot and a paved parking area. Inside, there is a 20'x20' office area, two large bay doors, and upstairs storage areas. The building offers unlimited potential and is located one block from Hwy 72 in Athens, AL. The lot size is 0.55 acres.

    Key Highlights

    • 5200 sq. ft. red iron building offers substantial space.
    • Conveniently located one block from Hwy 72.
    • Fenced lot with paved parking area.

    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 $32.4k $6.24
    − Vacancy −$1.7k −$0.32
    EGI $30.8k $5.92
    − OpEx −$4.6k −$0.89
    NOI $26.1k $5.03
    5,200 SF · lease $6.24/SF/yr · vacancy 5.20% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $373.5K
    $326.8K – $435.8K (±1% cap)
    NOI $26,147 @ 7.0% cap · market cap 6.23%
    Second Best
    Industrial
    $294.8K
    $258.0K – $344.0K (±1% cap)
    NOI $20,639 @ 7.0% cap · market cap 4.92%
    Theoretical Best
    Office A
    $1.35M
    $1.18M – $1.58M (±1% cap)
    NOI $94,786 @ 7.0% cap · market cap 22.57%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Auto Repair Shop Plumbing Service Storage Facility Big Box & Wholesale Store Furniture & Home Goods Grocery & Convenience Store Kitchen & Bath Showroom Barber Shop (Bike/Boat/Book/etc) Store Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Warehouse - 5,200 sq ft warehouse with office and storage.
    Where is this warehouse located?
    The property is located at 16097 Parker Road Athens, AL.
    What is the asking price?
    The asking price for this property is $419,900.
    What are key features of this property?
    This property features: 5200 sq. ft. red iron building offers substantial space.; Conveniently located one block from Hwy 72.; Fenced lot with paved parking area.
    Contact an agent
    (256) 497-6689
    We can help!
    Contact an agent
    Cody Smith
    Real Estate License ID: 110514
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