Self-Storage and Industrial
1884 George Wallace Hwy Tuscumbia, AL 35674
1884 George Wallace Hwy, Tuscumbia, AL, 35674
$599,000
For Sale
$599,000
Self-storage and industrial property with fenced outside storage available for sale.
Property Size9,685 SF
Price / SF$61.85
Days on Market169
Property Features for 1884 George Wallace Hwy
General Information
- Standard status
- Active
- Size
- 9,685 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2004
Listing Agency
APEX Realty Group LLC
(256) 415-5151
Listed by
Ted L Wylie · License #000027024
(256) 415-5151
Source
Exitrealty
Added: Jan 29 Checked: Jul 16 at 5:34 am
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 APEX Realty Group LLC
Investment Insights
Based on property information with market context.
This commercial real estate property offers a combination of self-storage units and industrial space. The unit sizes include one 8x5, three 5x10, thirteen 10x5, one 8x8, one 8x10, fourteen 10x8, twenty-four 10x10, one 8x15, and thirteen 10x15 units. The property also features fenced outside storage. Located on George Wallace Hwy in Tuscumbia, AL, the property benefits from high traffic count on Hwy 43 South. The property size is 9685 square feet.
Key Highlights
- High traffic count on Hwy 43 South
- Variety of unit sizes available, including 8X5, 5X10, 10X5, 8X8, 8X10, 10X8, 10X10, 8X15, 10X15
- Fenced outside storage
Local Financial Insights For Industrial
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 | $58.1k | $6.00 |
| − Vacancy | −$3.0k | −$0.31 |
| EGI | $55.1k | $5.69 |
| − OpEx | −$16.5k | −$1.71 |
| NOI | $38.6k | $3.98 |
9,685 SF · lease $6.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$1.14M
$1.00M – $1.33M
NOI $80,093 @ 7.0% cap · market cap 13.37%
Second Best
Industrial
$550.9K
$482.0K – $642.7K
NOI $38,562 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,261 @ 7.0% cap · market cap 18.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Self-storage and industrial property with fenced outside storage available for sale.
Where is this self storage facility located?
The property is located at 1884 George Wallace Hwy Tuscumbia, AL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: High traffic count on Hwy 43 South; Variety of unit sizes available, including 8X5, 5X10, 10X5, 8X8, 8X10, 10X8, 10X10, 8X15, 10X15; Fenced outside storage
