121 Somerville Rd NE, Decatur, AL 35601
Multi-building light industrial property with both office and warehouse space for owner-occupiers or investors.
- Added:
- Jun 13, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 20 at 2:09 am
Property Features for 121 Somerville Rd NE
General Information
- Standard status
- Active
- Size
- 58,569 SF
- Property subtype
- Office
Building Details
- Year Built
- 2010
Listing agent Joey Hardiman License #257397 | 278349
Listing office Hardiman Properties, Inc.
Listing date Jun 13, 2026
Source Crexi
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 Hardiman Properties, Inc.
HighLights
- Multi‑building light industrial complex with office and warehouse space
- Built in 2010
- Includes both office and warehouse space, suitable for owner‑occupiers or investors
Overview
Located at 121 Somerville Rd NE in Decatur, Alabama, the asset is presented for sale as a single multi-building complex. The offering centers on light industrial utility paired with on-site office space, which can support a range of tenant types looking to operate from their own facility.
For potential buyers, this layout can be useful when an organization wants to secure warehouse capacity while maintaining associated office space for staff and oversight. Tenants and operators may also find the combined office/warehouse environment helpful for day-to-day coordination between production, storage, and administrative needs. This is a for-sale property designed to accommodate buyers seeking a user-occupier setup or an ownership structure with multiple buildings and functional space for light industrial use.
Local Financial Insights For Office B
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 | $1.02M | $17.40 |
| − Vacancy | −$224.2k | −$3.83 |
| EGI | $794.9k | $13.57 |
| − OpEx | −$198.7k | −$3.39 |
| NOI | $596.2k | $10.18 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Don's Mercantile — 119 2nd Ave NE, Decatur, AL 35601
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Morgan
- State
- Alabama
- Longitude
- -86.97335
- Latitude
- 34.6049099
