Office Building with Warehouse
For Sale
$899,000
6 Fort Lashley Avenue, Talladega, AL 35160
One-story office building with warehouse in Talladega's commercial district.
Property Size9,045 SF
Days on Market275
Property Features for 6 Fort Lashley Avenue
General Information
Standard status
Active
Size
9,045 SF
Property subtype
Office
Building Details
Building Size
9,045 SF
Listing Agency:
(205) 871-7100
Listed By:
Sam Carroll, SIOR
Source:
Grahamcompany
Added: Nov 21, 2025
Changed: Aug 21
Last Checked: Aug 22 at 3:50AM
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 Sam Carroll, SIOR
Investment Insights
Based on property information with market context.
This one-story office building is located on Fort Lashley Avenue and West Battle Street in Talladega, Alabama. Constructed in 2006, the property features a well-maintained interior and exterior. The building has 9,045 square feet of office space and includes 1,160 square feet of warehouse space with one loading door. The site spans 1.86 acres and provides 36 surface parking spaces. Situated in the city's commercial district, the property is less than a mile from the Alabama Institute for the Deaf and Blind, as well as Alabama Industries for the Blind. It is located 17 miles south of the Honda Manufacturing plant and 14 miles from I-20, Exit 168.
Key Highlights
- 9,045 SF one‑story office building with 1,160 SF of warehouse space.
- Located in Talladega's commercial district, less than a mile from the Alabama Institute for the Deaf and Blind.
- Includes 1,160 SF Warehouse space with one loading door.
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
$43,592
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
4.85%
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%
$871,840
$871.8K
Cap Rate 7%
$622,743
$622.7K
Cap Rate 9%
$484,356
$484.4K
Market Conditions
NOI Build-Up for 9,045 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
$54.3K $6.00/SF
− Vacancy
−$3.0K −$0.33/SF
EGI
$51.3K $5.67/SF
− OpEx
−$7.7K −$0.85/SF
NOI
$43.6K $4.82/SF
Area
Talladega County, AL
Vacancy
5.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
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%
$871,840
Cap Rate 7%
$622,743
Cap Rate 9%
$484,356
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,450 @ 7.0% cap · market cap 9.39%
Second Best
Warehouse
$622.7K
$544.9K – $726.5K
NOI $43,592 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,506 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 35160, AL
27,074
Population
13,147
Households
2.1
Avg Household Size
42
Median Age
16%
College-Educated
81%
High-School Grad
332.7 sq mi
ZIP Area
81
Density / Sq Mi
$50,007
Median Household Income
$32,821
Median Earnings
$772
Median Rent
$129,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - One-story office building with warehouse in Talladega's commercial district.
Where is this office building located?
The property is located at 6 Fort Lashley Avenue Talladega, AL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 9,045 SF one‑story office building with **1,160 SF of warehouse space**.; Located in Talladega's commercial district, less than a mile from the Alabama Institute for the Deaf and Blind.; Includes 1,160 SF Warehouse space with **one loading door**.
