Contemporary Mixed-Use
For Sale
$499,000
1050 STATE HIGHWAY 160, Warrior, AL 35180
Commercial, Contemporary, Warrior, AL
Property Size4,086 SF
Lot Size9.22 Acres
Price / SF$122.12
Days on Market101
Property Features for 1050 STATE HIGHWAY 160
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
No Zoning
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
Directions
65N exit 284 go right at exit onto State Highway 160, home is approx 2 miles on your right
Subdivision
Hayden
Standard status
Active
APN
08 26 01 01 0 000 006.001
Size
4,086 SF
Lot size
9.22 Acres
Taxes and HOA fees
Tax Description
COM NE COR NE/NW W 608 SW 237 ALG ST HWY 160 POB SE 290 SW 293 S 122 W 426 N 25 SW 311 NW 442 NE 1178 ALG HWY TO POB-
Legal Description
COM NE COR NE/NW W 608 SW 237 ALG ST HWY 160 POB SE 290 SW 293 S 122 W 426 N 25 SW 311 NW 442 NE 1178 ALG HWY TO POB-
Building Details
Year built
1993
Floors in Building
2
Architectural style
Contemporary
Listing Agency:
Remax Patriot Realty
(256) 803-5600
Listed By:
Fiona King · License #142062
(508) 962-2301
Added: Jun 18
Changed: Sep 17
Last Checked: Sep 26 at 8:06PM
MLS# 26-1271
Copyright © 2026 Walker County Area Board of REALTORS®. 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 contemporary mixed-use property encompasses 9.22 unrestricted acres with 4,086 square feet of building area. The improvements include a remodeled home with a modern farmhouse character and four rooms identified for office or bedroom use, along with three bathrooms. The property was built in 1993 and is designated as having no zoning.
Located at 1050 State Highway 160 in Warrior, Alabama, the site offers 1,172 feet of frontage along State Hwy 160. Average annual daily traffic is reported at approximately over 12,000 vehicles per day. The combination of unrestricted acreage, substantial highway frontage, and existing improvements provides a versatile commercial setting for office, operations, trades, storage, or other uses supported by the property.
Located at 1050 State Highway 160 in Warrior, Alabama, the site offers 1,172 feet of frontage along State Hwy 160. Average annual daily traffic is reported at approximately over 12,000 vehicles per day. The combination of unrestricted acreage, substantial highway frontage, and existing improvements provides a versatile commercial setting for office, operations, trades, storage, or other uses supported by the property.
Key Highlights
- 9.22 unrestricted acres
- 1,172 ft of State Hwy 160 frontage
- AADT of ~Over 12,000 vehicles/day
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,153
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$303,060
$303.1K
Cap Rate 7%
$216,471
$216.5K
Cap Rate 9%
$168,367
$168.4K
Market Conditions
NOI Build-Up for 4,086 SF
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.
Gross rent
$27.5K $6.72/SF
− Vacancy
−$3.2K −$0.79/SF
EGI
$24.2K $5.93/SF
− OpEx
−$9.1K −$2.23/SF
NOI
$15.2K $3.71/SF
Area
Jefferson County, AL
Vacancy
11.70%
Lease Rate
$6.72 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$303,060
Cap Rate 7%
$216,471
Cap Rate 9%
$168,367
Alternative Uses
Best Use
Office B
$1.03M
$900.1K – $1.20M
NOI $72,006 @ 7.0% cap · market cap 14.43%
Second Best
Mixed Use
$216.5K
$189.4K – $252.6K
NOI $15,153 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,397 @ 7.0% cap · market cap 19.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
12,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 35180, AL
14,204
Population
5,677
Households
2.5
Avg Household Size
41
Median Age
15%
College-Educated
90%
High-School Grad
85.3 sq mi
ZIP Area
167
Density / Sq Mi
$71,281
Median Household Income
$44,690
Median Earnings
$895
Median Rent
$198,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Contemporary improvements include a remodeled farmhouse-style building with flexible office and operational space.
Where is this mixed-use property located?
The property is located at 1050 STATE HIGHWAY 160 Warrior, AL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 9.22 unrestricted acres; 1,172 ft of State Hwy 160 frontage; AADT of ~Over 12,000 vehicles/day
