Multi-Building Flex Industrial
138 Valley Park Drive NW Decatur, AL 35601
138 Valley Park Drive NW, Decatur, AL, 35601
$1,650,000
For Sale
$1,650,000
COMMERCIAL - Decatur, AL
Property Size21,850 SF
Lot Size1.00 Acre
Price / SF$75.51
Days on Market57
Property Features for 138 Valley Park Drive NW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3
- Exterior features
- Lighting
- Standard status
- Active
- APN
- 0206140002015.000
- Size
- 21,850 SF
- Lot size
- 1.00 Acre
Utilities
- Sewer type
- Septic Tank
- Heating system
- Space Heater, Natural Gas
- Cooling system
- Exhaust Fan (Cooling), Central Air
- Water source
- Public
Building Details
- Year built
- 1971
- Flooring type
- Concrete
- Roof type
- Metal
Listing agency
Re/Max Platinum
(256) 351-9180
Listed by
Terry Taylor · License #94608
(256) 227-4465
Added: May 28 Updated: Jul 23 at 1:21AM Checked: Jul 23 at 3:06AM
MLS# 21916673
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Investment Insights
Based on property information with market context.
This for-sale industrial and flex property consists of four continuous connected buildings totaling 22,000+/- square feet. The first three buildings provide 11,400+/- square feet of warehouse/manufacturing space with 16' sidewalls and 20' ceilings, along with 800+/- square feet of showroom and 560+/- square feet of office space.
The fourth building is three stories and includes 3,000+/- square feet per level. The first floor has a garage, the second floor includes conditioned offices, and the third floor offers conditioned unfinished space.
The site includes a 1-acre lot. Addressed at 138 Valley Park Drive NW in Decatur, Alabama, the property is described as a high-profile commercial asset within the heart of Decatur’s industrial complex.
The fourth building is three stories and includes 3,000+/- square feet per level. The first floor has a garage, the second floor includes conditioned offices, and the third floor offers conditioned unfinished space.
The site includes a 1-acre lot. Addressed at 138 Valley Park Drive NW in Decatur, Alabama, the property is described as a high-profile commercial asset within the heart of Decatur’s industrial complex.
Key Highlights
- High‑profile commercial property in Decatur’s industrial complex with four continuous connected buildings totaling 22,000+/- SF
- First three buildings include 11,400+/- SF warehouse/manufacturing space with 16' sidewalls and 20' ceilings
- Includes 800+/- SF showroom space and 560+/- SF office space across the first three buildings
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 | $217.6k | $9.96 |
| − Vacancy | −$15.7k | −$0.72 |
| EGI | $202.0k | $9.24 |
| − OpEx | −$70.7k | −$3.24 |
| NOI | $131.3k | $6.01 |
21,850 SF · lease $9.96/SF/yr · vacancy 7.20% · expense 35.00%
Alternative Uses
Best Use
Office B
$3.18M
$2.78M – $3.71M
NOI $222,411 @ 7.0% cap · market cap 13.48%
Second Best
Flex RnD
$1.88M
$1.64M – $2.19M
NOI $131,272 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$4.55M
$3.98M – $5.30M
NOI $318,206 @ 7.0% cap · market cap 19.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Metal Fastener Supply
Building Supply
Fastening Solutions and Supply ...
Building Supply
Similar For Sale Nearby
Similar Off Market Nearby
- Berto's Catering — 2025 State Hwy 20, Decatur, AL 35601
FAQs
What type of property is this?
Flex space - Four continuous connected buildings totaling 22,000+/- SF offer warehouse, showroom, and office space with 16' sidewalls and 20' ceilings.
Where is this flex space located?
The property is located at 138 Valley Park Drive NW Decatur, AL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: High‑profile commercial property in Decatur’s industrial complex with four continuous connected buildings totaling 22,000+/- SF; First three buildings include 11,400+/- SF warehouse/manufacturing space with 16' sidewalls and 20' ceilings; Includes 800+/- SF showroom space and 560+/- SF office space across the first three buildings
