Flex Space with Roll-Up
For Sale
$660,000
14405 Highway 72, Athens, AL 35611
Combined warehouse and office configuration with gravel and paved parking.
Property Size5,176 SF
Price / SF$127.51
Days on Market48
Property Features for 14405 Highway 72
General Information
Standard status
Active
Size
5,176 SF
Property subtype
Business Opportunity
Additional Details
Highway Access
Yes
Warehouse Space
4,876 SF
Listing Agency:
Innovative Realty Solutions
Listed By:
Vance Dutton · License #DV12233
(256) 614-5308
Source:
Homeslegend
Added: Aug 28
Changed: Oct 1
Last Checked: Oct 12 at 5:16PM
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 Innovative Realty Solutions
Investment Insights
Based on property information with market context.
This flex space property contains approximately 5,176 square feet of improvements, including 4,876 square feet of warehouse area alongside office space. The warehouse is equipped with 7 roll-up bay doors that have been recently serviced, supporting convenient access for equipment and material handling. The property also includes 1 acre of gravel and paved parking.
Situated on Highway 72 at 14405 Highway 72 in Athens, Alabama, the site offers direct highway exposure. Its combination of warehouse, office, multiple bay doors, and on-site parking creates a practical commercial configuration for operations requiring both workspace and storage capacity.
Situated on Highway 72 at 14405 Highway 72 in Athens, Alabama, the site offers direct highway exposure. Its combination of warehouse, office, multiple bay doors, and on-site parking creates a practical commercial configuration for operations requiring both workspace and storage capacity.
Key Highlights
- Approximately 5,176 square feet of warehouse and office space
- 4,876 square feet of warehouse area
- 7 recently serviced roll‑up bay doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,714
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,280
$1.1M
Cap Rate 7%
$795,914
$795.9K
Cap Rate 9%
$619,044
$619.0K
Market Conditions
NOI Build-Up for 5,176 SF
Gross rent
$93.2K $18.00/SF
− Vacancy
−$7.5K −$1.44/SF
EGI
$85.7K $16.56/SF
− OpEx
−$30.0K −$5.80/SF
NOI
$55.7K $10.76/SF
Area
Limestone County, AL
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,280
Cap Rate 7%
$795,914
Cap Rate 9%
$619,044
Alternative Uses
Best Use
Office B
$944.7K
$826.6K – $1.10M
NOI $66,126 @ 7.0% cap · market cap 10.02%
Second Best
Flex RnD
$795.9K
$696.4K – $928.6K
NOI $55,714 @ 7.0% cap · market cap 8.44%
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.
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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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Combined warehouse and office configuration with gravel and paved parking.
Where is this flex space 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: Approximately 5,176 square feet of warehouse and office space; 4,876 square feet of warehouse area; 7 recently serviced roll‑up bay doors
