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Warehouse with Office Space
For Sale
$660,000

14405 Highway 72, Athens, AL 35611

Business Opportunity, Athens, AL

Property Size5,176 SF
Lot Size1.00 Acre
Price / SF$127.51
Days on Market49

Property Features for 14405 Highway 72

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Unzoned
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features Parking Lot, Driveway
Exterior features Lighting, Sidewalks
Lot features High Visibility
Directions From Athens City Head West On Highway 72. In 4 Miles The Property Is On The Right.
Standard status Active
Size 5,176 SF
Lot size 1.00 Acre

Utilities

Sewer type Septic Tank
Heating system Propane (Heating)
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Flooring type Concrete
Roof type Metal
Listing Agency: Innovative Realty Solutions
Listed By: Vance Dutton · License #128312
Added: Aug 27 Changed: Oct 10 Last Checked: Oct 13 at 11:06PM
MLS# 21927508

Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This warehouse property contains approximately 5,176 square feet of combined warehouse and office space, including 4,876 square feet dedicated to warehouse use. Seven roll-up bay doors provide equipment access, while the building also includes office space and two bathrooms. Concrete flooring, a metal roof, central air, and propane heating serve the improvements.

The property encompasses 1 acre with gravel and paved parking, a parking lot, and driveway access. It is located at 14405 Highway 72 in Athens, Alabama, with public water and a septic tank. Exterior features include lighting and sidewalks.

Key Highlights

  • Approximately 5,176 square feet of warehouse and office space
  • 4,876 square feet of warehouse space within the facility
  • Seven roll‑up bay doors recently serviced for equipment access

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
Flex RnD
$795.9K
$696.4K – $928.6K (±1% cap)
NOI $55,714 @ 7.0% cap · market cap 8.44%
Second Best
Warehouse
$371.8K
$325.3K – $433.8K (±1% cap)
NOI $26,026 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M (±1% cap)
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

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Current Use

Flex space

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby
Well-served
Demand for This Use

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Warehouse - Concrete-floor facility with multiple roll-up doors, office area, and paved and gravel 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: Approximately 5,176 square feet of warehouse and office space; 4,876 square feet of warehouse space within the facility; Seven roll‑up bay doors recently serviced for equipment access
More about this property
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