New 2023 Manufacturing/Industrial
110 Alexander Street Talladega, AL 35160
110 Alexander Street, Talladega, AL, 35160
$120,000
For Sale
$120,000
2400 sq ft manufacturing/industrial space built in 2023.
Property Size2,400 SF
Price / SF$50
Days on Market167
Property Features for 110 Alexander Street
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2023
Listing agency
Porter & Porter Company
(256) 223-0757
Listed by
Joe Porter · License #25777
(256) 223-0757
Source
Exitrealty
Added: Feb 4 Updated: Jul 10 at 12:02PM Checked: Jul 21 at 5:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porter & Porter Company
Investment Insights
Based on property information with market context.
This 2400 square foot manufacturing/industrial property was built in 2023 and is in great shape. It is equipped as a cabinet shop, including tools such as a table saw, sander, molder, and edger, as well as a paint booth and overhead doors. The property also includes a bathroom with a shower and a kitchen area.
Key Highlights
- Fully equipped cabinet shop with included tools like a table saw, sander, molder, and edger.
- Features a paint booth.
- Built in 2023 and in great shape.
Local Financial Insights For Industrial
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 | $14.4k | $6.00 |
| − Vacancy | −$792 | −$0.33 |
| EGI | $13.6k | $5.67 |
| − OpEx | −$4.1k | −$1.70 |
| NOI | $9.5k | $3.97 |
2,400 SF · lease $6.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$136.1K
$119.1K – $158.8K
NOI $9,526 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$490.9K
$429.5K – $572.7K
NOI $34,363 @ 7.0% cap · market cap 28.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Manufacturing property - 2400 sq ft manufacturing/industrial space built in 2023.
Where is this manufacturing property located?
The property is located at 110 Alexander Street Talladega, AL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Fully equipped cabinet shop with included tools like a table saw, sander, molder, and edger.; Features a paint booth.; Built in 2023 and in great shape.
