Warehouse with Office
14405 HIGHWAY 72, Athens, AL 35611
For Sale
$660,000
Commercial Sale, ATHENS, AL
Property Size5,176 SF
Lot Size1.00 Acre
Price / SF$127.51
Days on Market78
Property Features for 14405 HIGHWAY 72
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Exterior features
Lot features
Directions
Standard status
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Floors in Building
Flooring type
Building materials
Roof type
Additional Structures
Listing Agency:
Innovative Realty Solutions
(256) 230-5950
Listed By:
Vance Dutton · License AL #128312
(256) 614-5308
Added: Aug 26
Changed: Oct 30
Last Checked: Nov 11 at 8:06PM
MLS# 21927508
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Investment Insights
Based on property information with market context.
This 5,176-square-foot warehouse and office property includes 4,876 square feet of warehouse space. Seven roll-up bay doors, recently serviced, provide access to the warehouse. The building has concrete flooring, metal siding and a metal roof, with central air conditioning and propane heat.
The property is located at 14405 Highway 72 in Athens, Alabama. Its one-acre site includes gravel and paved parking, a driveway and a parking lot. Public water serves the property.
The property is located at 14405 Highway 72 in Athens, Alabama. Its one-acre site includes gravel and paved parking, a driveway and a parking lot. Public water serves the property.
Key Highlights
- 5,176 square feet total, including 4,876 square feet of warehouse space
- Seven roll‑up bay doors, recently serviced
- One‑acre site with gravel and paved parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,026
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,520
$520.5K
Cap Rate 7%
$371,800
$371.8K
Cap Rate 9%
$289,178
$289.2K
Market Conditions
NOI Build-Up for 5,176 SF
Gross rent
$32.3K $6.24/SF
− Vacancy
−$1.7K −$0.32/SF
EGI
$30.6K $5.92/SF
− OpEx
−$4.6K −$0.89/SF
NOI
$26.0K $5.03/SF
Area
Limestone County, AL
Vacancy
5.20%
Lease Rate
$6.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,520
Cap Rate 7%
$371,800
Cap Rate 9%
$289,178
Alternative Uses
Best Use
Warehouse
$371.8K
$325.3K – $433.8K
NOI $26,026 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,348 @ 7.0% cap · market cap 14.30%
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
Highway access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35611, AL
27,168
Population
13,709
Households
2
Avg Household Size
41
Median Age
22%
College-Educated
81%
High-School Grad
115.1 sq mi
ZIP Area
236
Density / Sq Mi
$54,606
Median Household Income
$38,872
Median Earnings
$796
Median Rent
$201,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Seven roll-up doors provide equipment access, alongside office areas and on-site parking.
Where is this warehouse located?
The property is located at 14405 HIGHWAY 72 Athens, AL.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 5,176 square feet total, including 4,876 square feet of warehouse space; Seven roll‑up bay doors, recently serviced; One‑acre site with gravel and paved parking
