Warehouse
For Sale
Contact for pricing
135 LIME ROCK RD, Tuscumbia, AL 35674
For-sale warehouse building on a standalone lot, offering a dedicated footprint for storage and day-to-day operations.
Property Size2,400 SF
Lot Size1.00 Acre
Price / SF$54.13
Days on Market52
Property Features for 135 LIME ROCK RD
General Information
Standard status
Active
Size
2,400 SF
Lot size
1.00 Acre
Property subtype
Office, Industrial, Mixed Use
Zoning
Commercial
Building Details
Year Built
2003
Buildings
1
Stories
1
Units
1
Listing Agency:
NXCEL Realty
(256) 567-3645
Listed By:
Josh Rumble · License #AL 927630
Source:
Crexi
Added: Jun 20
Changed: Aug 8
Last Checked: Aug 8 at 11:44AM
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 NXCEL Realty
Investment Insights
Based on property information with market context.
This for-sale warehouse building provides a dedicated industrial footprint totaling 2,400 square feet on a 1-acre lot. The asset is positioned as a warehouse use property, suited for users who need a standalone space for warehousing needs.
Located at 135 Lime Rock Rd in Tuscumbia, Alabama, the property is offered as a simple, single-building option with its own lot size. The provided information does not specify additional improvements or office buildout, but it is clearly presented as a warehouse property with defined building and site dimensions.
For prospective buyers, this configuration can be attractive for warehouse-focused requirements where a contained building footprint on its own lot matters. With the property presented specifically as a warehouse and sized at 2,400 square feet, it may fit tenants or owners looking for an operational space sized for warehousing use rather than a multi-tenant commercial environment. Buyers and brokers may want to confirm the internal layout and any site utilities or access details during due diligence to match the space to specific storage and operational workflows.
Located at 135 Lime Rock Rd in Tuscumbia, Alabama, the property is offered as a simple, single-building option with its own lot size. The provided information does not specify additional improvements or office buildout, but it is clearly presented as a warehouse property with defined building and site dimensions.
For prospective buyers, this configuration can be attractive for warehouse-focused requirements where a contained building footprint on its own lot matters. With the property presented specifically as a warehouse and sized at 2,400 square feet, it may fit tenants or owners looking for an operational space sized for warehousing use rather than a multi-tenant commercial environment. Buyers and brokers may want to confirm the internal layout and any site utilities or access details during due diligence to match the space to specific storage and operational workflows.
Key Highlights
- Warehouse building built in 2003
- 2,400 SF warehouse
- Standalone 1‑acre lot
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
$11,604
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
8.93%
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%
$232,080
$232.1K
Cap Rate 7%
$165,771
$165.8K
Cap Rate 9%
$128,933
$128.9K
Market Conditions
NOI Build-Up for 2,400 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
$14.4K $6.00/SF
− Vacancy
−$749 −$0.31/SF
EGI
$13.7K $5.69/SF
− OpEx
−$2.0K −$0.85/SF
NOI
$11.6K $4.83/SF
Area
Colbert County, AL
Vacancy
5.20%
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%
$232,080
Cap Rate 7%
$165,771
Cap Rate 9%
$128,933
Alternative Uses
Best Use
Warehouse
$165.8K
$145.1K – $193.4K
NOI $11,604 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$383.3K
$335.4K – $447.1K
NOI $26,828 @ 7.0% cap · market cap 20.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35674, AL
19,536
Population
8,945
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
174.1 sq mi
ZIP Area
112
Density / Sq Mi
$56,960
Median Household Income
$39,288
Median Earnings
$768
Median Rent
$176,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - For-sale warehouse building on a standalone lot, offering a dedicated footprint for storage and day-to-day operations.
Where is this warehouse located?
The property is located at 135 LIME ROCK RD Tuscumbia, AL.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Warehouse building built in 2003; 2,400 SF warehouse; Standalone 1‑acre lot
