Commercial Flex
135 Lime Rock Rd, Tuscumbia, AL 35674
For Sale
$119,900
Commercial Sale, Tuscumbia, AL
Property Size2,400 SF
Lot Size1.00 Acre
Price / SF$49.96
Days on Market145
Property Features for 135 Lime Rock Rd
General Information
Property type
Property subtype
Zoning
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Building Details
Year built
Number of units
Buildings
Listing Agency:
Nxcel Realty
(256) 567-3645
Listed By:
The Josh Rumble Team
(256) 710-3450
Added: Jun 18
Changed: Nov 4
Last Checked: Nov 9 at 10:06AM
MLS# 529566
Copyright © 2026 Strategic MLS Alliance, INC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,400-square-foot flex building, measuring 40 feet by 60 feet, was built in 2003 and sits on approximately 1 acre. Power and public water serve the property, which is zoned 00 Commercial. Septic is needed.
The seller is open to leasing the property back for a period of time. An estimated 10% cap rate is stated for the leaseback arrangement.
The seller is open to leasing the property back for a period of time. An estimated 10% cap rate is stated for the leaseback arrangement.
Key Highlights
- 2,400‑square‑foot building with 40‑foot‑by‑60‑foot dimensions
- Approximately 1‑acre parcel
- Built in 2003
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,556
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,120
$191.1K
Cap Rate 7%
$136,514
$136.5K
Cap Rate 9%
$106,178
$106.2K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$14.4K $6.00/SF
− Vacancy
−$749 −$0.31/SF
EGI
$13.7K $5.69/SF
− OpEx
−$4.1K −$1.71/SF
NOI
$9.6K $3.98/SF
Area
Colbert County, AL
Vacancy
5.20%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,120
Cap Rate 7%
$136,514
Cap Rate 9%
$106,178
Alternative Uses
Best Use
Flex RnD
$184.5K
$161.5K – $215.3K
NOI $12,917 @ 7.0% cap · market cap 10.77%
Second Best
Warehouse
$165.8K
$145.1K – $193.4K
NOI $11,604 @ 7.0% cap · market cap 9.68%
Theoretical Best
Office A
$383.3K
$335.4K – $447.1K
NOI $26,828 @ 7.0% cap · market cap 22.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A 2003-built facility has power, public water, and commercial zoning.
Where is this flex space located?
The property is located at 135 Lime Rock Rd Tuscumbia, AL.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 2,400‑square‑foot building with 40‑foot‑by‑60‑foot dimensions; Approximately 1‑acre parcel; Built in 2003
