Two-Building Warehouse
For Sale
Contact for pricing
1490 Gravel Ridge Road, Somerville, AL 35670
Business-ready warehouse campus with insulated space, roll-up doors, and a concrete loading pad on 2.5 acres.
Property Size3,440 SF
Price / SF$127.62
Days on Market61
Property Features for 1490 Gravel Ridge Road
General Information
Standard status
Active
Size
3,440 SF
Property subtype
Special Purpose
Listing Agency:
Coldwell Banker McMillan & Associates
Listed By:
Dianne Barrett · License #AL 000102849-0
Source:
Crexi
Added: Jun 5
Changed: Jul 10
Last Checked: Aug 4 at 5:10AM
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 Coldwell Banker McMillan & Associates
Investment Insights
Based on property information with market context.
This business-ready warehouse property features two metal buildings on 2.5 acres, served by septic and a regular power service with 3-phase power. Building One offers 2,400 sq ft with insulation, a concrete slab, a restroom, and two commercial-grade roll-up doors plus an entry door. Building Two provides 1,040 sq ft with a concrete slab, one commercial-grade roll-up door, and an entry door. A concrete loading/unloading pad supports practical receiving and dispatch operations between the buildings.
The site has large frontage on three sides, with acreage frontage per tax plat shown for Upper River Road (734.68'), Gravel Ridge (282.84'), and Curry Chapel (485.03'). The multi-sided frontage is designed to support easy access for vendors and provides room for growth and expansion.
For buyers and tenants seeking an operational warehouse setup, the combination of roll-up door access, slab-on-grade construction, and an on-site loading pad supports a range of light industrial and storage-oriented uses. The presence of two separate buildings also allows flexible space planning for different functions or operational needs, while the practical exterior access can help streamline deliveries and pickups.
The site has large frontage on three sides, with acreage frontage per tax plat shown for Upper River Road (734.68'), Gravel Ridge (282.84'), and Curry Chapel (485.03'). The multi-sided frontage is designed to support easy access for vendors and provides room for growth and expansion.
For buyers and tenants seeking an operational warehouse setup, the combination of roll-up door access, slab-on-grade construction, and an on-site loading pad supports a range of light industrial and storage-oriented uses. The presence of two separate buildings also allows flexible space planning for different functions or operational needs, while the practical exterior access can help streamline deliveries and pickups.
Key Highlights
- Business‑ready warehouse campus on 2.5 acres with two metal buildings, insulated space, and a concrete loading pad
- Building 1 offers 2,400 SF on a concrete slab with a restroom and 2 commercial‑grade roll‑up doors plus an entry door
- Building 2 includes 1,040 SF on a concrete slab with 1 commercial‑grade roll‑up door and one entry door
Financial Insights For Warehouse
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 | $25.6k | $7.44 |
| − Vacancy | −$1.7k | −$0.51 |
| EGI | $23.9k | $6.93 |
| − OpEx | −$3.6k | −$1.04 |
| NOI | $20.3k | $5.89 |
3,440 SF · lease $7.44/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$289.6K
$253.4K – $337.9K
NOI $20,275 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$715.7K
$626.2K – $835.0K
NOI $50,097 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35670, AL
7,780
Population
3,239
Households
2.4
Avg Household Size
43
Median Age
19%
College-Educated
80%
High-School Grad
98.6 sq mi
ZIP Area
79
Density / Sq Mi
$48,531
Median Household Income
$29,500
Median Earnings
$765
Median Rent
$165,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Business-ready warehouse campus with insulated space, roll-up doors, and a concrete loading pad on 2.5 acres.
Where is this warehouse located?
The property is located at 1490 Gravel Ridge Road Somerville, AL.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Business‑ready warehouse campus on 2.5 acres with two metal buildings, insulated space, and a concrete loading pad; Building 1 offers 2,400 SF on a concrete slab with a restroom and 2 commercial‑grade roll‑up doors plus an entry door; Building 2 includes 1,040 SF on a concrete slab with 1 commercial‑grade roll‑up door and one entry door
