Search
Farm With Insulated Shop
For Sale
$699,000

16909 Gainesville Road, Ralph, AL 35480

Versatile rural property combining timberland, hunting amenities, livestock fencing, and a furnished living-and-work building.

Property Size4,800 SF
Price / SF$145.63
Days on Market38

Property Features for 16909 Gainesville Road

General Information

Standard status Active
Size 4,800 SF
Property subtype Farm/Estate

Amenities

Lot Size Acres: 63.5
Metal Roof
Sewer Type: Private Septic
Total Taxes: $1,664, Tax Year: 2025, Percentage of Tax that is Deductable: 0
Hardwood Floor
Pump Heating, Electric Heat Fuel
Kitchen
Laundry Room
Sale, Sale Type: Foreclosure, Availability Date: 2026-07-03
School District: Sipsey Valley
2 Bedrooms
Residential Style: 177, Built in 2024
Above Area Square Feet: 4800
Is Furnished
One Full Bath
Water Source: Municipal
Living Room
Master Bedroom
Construction Type: Frame
Aluminum Siding
Oven, Refrigerator, Microwave, Washer, Dryer, Hot Water Heater

Building Details

Year Built 2024
Listing Agency: SmallTown Hunting Properties & Real Estate LLC
Listed By: Johnathan 'Shawn' Simpson
Source: Doyle-realty
Added: Jul 3 Changed: Aug 8 Last Checked: Aug 8 at 9:52AM

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 SmallTown Hunting Properties & Real Estate LLC

Investment Insights

Based on property information with market context.

This 63.5-acre farm includes a 2024-built, 4,800-square-foot insulated shop with two-story living quarters and substantial workspace. The residence area measures 1,100 square feet and offers two bedrooms, one bathroom, engineered hardwood and LVP flooring, quartz countertops, crown molding, cedar interior accents, stainless steel appliances, and furnishings. A reinforced 20-by-25-foot loft adds storage capacity, while the shop area features a 6-inch reinforced concrete floor and three electric overhead doors measuring 14-by-12 feet and 12-by-12 feet. A HySecurity electric entrance gate serves the property.

Approximately 20 acres were harvested, sprayed, and replanted in loblolly pine. The remaining acreage is primarily pine timber mixed with hardwoods, with established trails, multiple food plots, and documented deer and turkey hunting. A fenced livestock area is also included. The property has approximately 1,300 feet of paved road frontage along Gainesville Road and is located 6 miles from Exit 62 on Interstate 20/59 at Fosters and 18 miles from the University of Alabama.

Key Highlights

  • 63.5‑acre farm in Tuscaloosa County, Alabama
  • 2024‑built 4,800‑square‑foot insulated shop with 1,100 square feet of living quarters
  • Two bedrooms, one bathroom, furnished interiors, quartz countertops, and stainless steel appliances

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,080
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.16%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$581,600 $581.6K
Cap Rate 7%
$415,429 $415.4K
Cap Rate 9%
$323,111 $323.1K
Market Conditions
NOI Build-Up for 4,800 SF 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.
Gross rent
$35.7K $7.44/SF
− Vacancy
−$1.5K −$0.31/SF
EGI
$34.2K $7.13/SF
− OpEx
−$5.1K −$1.07/SF
NOI
$29.1K $6.06/SF
Area
Tuscaloosa County, AL
Vacancy
4.20%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$581,600
Cap Rate 7%
$415,429
Cap Rate 9%
$323,111

Alternative Uses

Best Use
Warehouse
$415.4K
$363.5K – $484.7K (±1% cap)
NOI $29,080 @ 7.0% cap · market cap 4.16%
Second Best
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M (±1% cap)
NOI $80,744 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hunting land

Suggested Use

Top Pick 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.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 35480, AL

1,976
Population
583
Households
3.4
Avg Household Size
42
Median Age
21%
College-Educated
91%
High-School Grad
61.0 sq mi
ZIP Area
32
Density / Sq Mi
$87,188
Median Household Income
$55,417
Median Earnings
$260,500
Median Home Value

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?
Farm - Versatile rural property combining timberland, hunting amenities, livestock fencing, and a furnished living-and-work building.
Where is this farm located?
The property is located at 16909 Gainesville Road Ralph, AL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 63.5‑acre farm in Tuscaloosa County, Alabama; 2024‑built 4,800‑square‑foot insulated shop with 1,100 square feet of living quarters; Two bedrooms, one bathroom, furnished interiors, quartz countertops, and stainless steel appliances
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message