1250 Warehouse Drive, Fort Payne, AL 35968
COMMERCIAL - Fort Payne, AL
- Added:
- May 6, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 28 at 7:06 am
Property Features for 1250 Warehouse Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3
- Standard status
- Active
- APN
- 2303061001003.000
- Size
- 30,000 SF
- Lot size
- 10.22 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Metal
Listing agent Glenn Horton License #071124 (256) 996-5911
Listing office Southern Properties Agency Inc 311 Gault Avenue N, Fort Payne, AL (256) 845-6000
Listing date May 6, 2026
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.
HighLights
- 30,000 sq ft warehouse/manufacturing facility.
- Located just off Airport Road in Fort Payne.
- Features 6 loading docks and 2 drive‑in doors.
- Situated on 10.2 acres with room for expansion.
- Includes a freshly remodeled reception and office area with 7 private offices.
- Connected to city utilities (water and sewer).
Overview
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 | $144.0k | $4.80 |
| − Vacancy | −$8.6k | −$0.29 |
| EGI | $135.4k | $4.51 |
| − OpEx | −$20.3k | −$0.68 |
| NOI | $115.1k | $3.84 |
Alternative Uses
Current Use by Public Records
Map
- City
- Fort Payne
- County
- DeKalb
- State
- Alabama
- Longitude
- -85.727399
- Latitude
- 34.461724
