Multi-Bay Flex
New
For Sale
Contact for pricing
18341 Couch Plant Rd, Summerdale, AL 36580
Two-building commercial property combines conditioned office space with automotive service bays and workshop infrastructure.
Property Size6,200 SF
Price / SF$128.23
Days on Market4
Property Features for 18341 Couch Plant Rd
General Information
Standard status
Active
Size
6,200 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Span
Yes
Three-Phase Power
No
Additional Details
Highway Access
Yes
Building Details
Buildings
2
Listing Agency:
Wise Living Real Estate, LLC
(251) 928-9473
Listed By:
Kiel Rubio · License #109408
(251) 716-3326
Source:
Moodyscre
Added: Sep 1
Changed: Sep 4
Last Checked: Sep 4 at 2:32PM
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 Wise Living Real Estate, LLC
Investment Insights
Based on property information with market context.
This flex-space property includes two separate buildings configured for office, automotive service, and workshop operations. The front building measures 40' x 75' and includes conditioned office and customer areas, three offices, a reception area, lobby, two bathrooms, a shower, and a breakroom. An attached 24' x 40' open bay provides 14' eave height, 16' center height, and a 12' x 12' roll-up door.
The 40' x 80' north building is a clear-span structure divided into four 20' x 40' bays. Each bay has a 10' x 10' roll-up door, compressed air service, and wiring for welding receptacles. The building also includes 400-amp single-phase service and an employee restroom; three-phase power is available on the road. Fiber internet is available on Couch Plant Road, while the property currently uses Brightspeed internet.
The 40' x 80' north building is a clear-span structure divided into four 20' x 40' bays. Each bay has a 10' x 10' roll-up door, compressed air service, and wiring for welding receptacles. The building also includes 400-amp single-phase service and an employee restroom; three-phase power is available on the road. Fiber internet is available on Couch Plant Road, while the property currently uses Brightspeed internet.
Key Highlights
- Two‑building flex‑space property with office, automotive service, and workshop functionality
- Front building measures 40' x 75' and is fully conditioned
- Attached 24' x 40' open bay with 14' eave height and 16' center height
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
$72,317
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
9.10%
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%
$1,446,340
$1.4M
Cap Rate 7%
$1,033,100
$1.0M
Cap Rate 9%
$803,522
$803.5K
Market Conditions
NOI Build-Up for 6,200 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
$119.0K $19.20/SF
− Vacancy
−$22.6K −$3.65/SF
EGI
$96.4K $15.55/SF
− OpEx
−$24.1K −$3.89/SF
NOI
$72.3K $11.66/SF
Area
Baldwin County, AL
Vacancy
19.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
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%
$1,446,340
Cap Rate 7%
$1,033,100
Cap Rate 9%
$803,522
Alternative Uses
Best Use
Office B
$1.03M
$904.0K – $1.21M
NOI $72,317 @ 7.0% cap · market cap 9.10%
Second Best
Retail
$953.1K
$833.9K – $1.11M
NOI $66,714 @ 7.0% cap · market cap 8.39%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,368 @ 7.0% cap · market cap 13.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36580, AL
6,663
Population
2,932
Households
2.3
Avg Household Size
41
Median Age
20%
College-Educated
79%
High-School Grad
52.6 sq mi
ZIP Area
127
Density / Sq Mi
$59,138
Median Household Income
$32,456
Median Earnings
$1,043
Median Rent
$238,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two-building commercial property combines conditioned office space with automotive service bays and workshop infrastructure.
Where is this flex space located?
The property is located at 18341 Couch Plant Rd Summerdale, AL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two‑building flex‑space property with office, automotive service, and workshop functionality; Front building measures 40' x 75' and is fully conditioned; Attached 24' x 40' open bay with 14' eave height and 16' center height
