Industrial Flex Property with
1308 Highway 431 S Glencoe, AL 35905
1308 Highway 431 S, Glencoe, AL, 35905
$425,000
For Sale
$425,000
For sale industrial flex site on 14.6+ acres with an office suite and sizable workshop space plus an additional building.
Property Size2,300 SF
Lot Size14.60 Acres
Price / SF$184.78
Days on Market58
Property Features for 1308 Highway 431 S
General Information
- Standard status
- Active
- Size
- 2,300 SF
- Lot size
- 14.60 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1886
Listing Agency
ERA King Real Estate
(256) 676-8309
Listed by
Stephanie Ajlouny · License #114936
(256) 676-8309
Source
Exitrealty
Added: May 21 Checked: Jul 16 at 7:14 am
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 ERA King Real Estate
Investment Insights
Based on property information with market context.
This industrial flex property for sale offers a functional mix of office and work space set on over 14.6 acres. The office building includes four private office rooms, a kitchen, and a full bathroom, supporting day-to-day operations. In addition, the property features a large workshop with over 2,300 square feet, along with a separate additional building with more than 800 square feet.
Located at 1308 Highway 431 S in Glencoe, AL 35905, the site is designed to accommodate a range of industrial-focused uses, including operations requiring storage, fabrication, repairs, or equipment space.
The combined improvements provide multiple areas for working, managing, and storing within one property, with both office accommodations and dedicated building space for heavier activity.
Located at 1308 Highway 431 S in Glencoe, AL 35905, the site is designed to accommodate a range of industrial-focused uses, including operations requiring storage, fabrication, repairs, or equipment space.
The combined improvements provide multiple areas for working, managing, and storing within one property, with both office accommodations and dedicated building space for heavier activity.
Key Highlights
- Industrial flex site on 14.6+ acres for industrial, trucking, manufacturing, storage, or business expansion use
- Office building includes 4 private office rooms, a kitchen, and a full bathroom
- Massive workshop area with 2,300+ sq ft for fabrication, repairs, or storage
Local Financial Insights For Flex RnD
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 | $31.7k | $13.80 |
| − Vacancy | −$2.6k | −$1.13 |
| EGI | $29.1k | $12.67 |
| − OpEx | −$10.2k | −$4.43 |
| NOI | $18.9k | $8.23 |
2,300 SF · lease $13.80/SF/yr · vacancy 8.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$270.6K
$236.7K – $315.7K
NOI $18,939 @ 7.0% cap · market cap 4.46%
Second Best
Warehouse
$180.8K
$158.2K – $210.9K
NOI $12,654 @ 7.0% cap · market cap 2.98%
Theoretical Best
Specialty Retail
$376.1K
$329.1K – $438.7K
NOI $26,324 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
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FAQs
What type of property is this?
Flex space - For sale industrial flex site on 14.6+ acres with an office suite and sizable workshop space plus an additional building.
Where is this flex space located?
The property is located at 1308 Highway 431 S Glencoe, AL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Industrial flex site on 14.6+ acres for industrial, trucking, manufacturing, storage, or business expansion use; Office building includes 4 private office rooms, a kitchen, and a full bathroom; Massive workshop area with 2,300+ sq ft for fabrication, repairs, or storage
