Conditioned Warehouse with
For Sale
$1,800,000
212 Dan Tibbs Rd NW, Huntsville, AL 35806
Fully leased warehouse with conditioned space, ground-level overhead doors, and an on-site yard.
Property Size12,000 SF
Days on Market51
Property Features for 212 Dan Tibbs Rd NW
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Industrial
Occupancy
100%
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
22 ft
Office Build-Out
1,235 SF
Conditioned Warehouse
Yes
Building Details
Building Size
12,000 SF
Year Built
2021
Listing Agency:
Samples Properties
Listed By:
Gripp Luther
(256) 533-0003
Source:
Samplesproperties
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 30 at 11:13AM
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 Samples Properties
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Investment Insights
Based on property information with market context.
Built in 2021, this warehouse property at 212 Dan Tibbs Rd NW offers approximately 1,235 SF of office space with the balance configured as warehouse area. The building is fully conditioned and includes ground-level overhead doors, yard space, and clear heights of 17' at the eave and 22' at the ridge. The property is fully leased to a credit tenant and is located within Spacegate Industrial Park.
The site has 178' of frontage on Dan Tibbs Road and provides access to the developing Northern Bypass area. Redstone Arsenal is approximately 3.75 miles away, while Downtown Huntsville is approximately 5.5 miles from the property.
The site has 178' of frontage on Dan Tibbs Road and provides access to the developing Northern Bypass area. Redstone Arsenal is approximately 3.75 miles away, while Downtown Huntsville is approximately 5.5 miles from the property.
Key Highlights
- Approximately 1,235 SF of office space with the balance dedicated to warehouse area
- Built in 2021
- 178' of frontage on Dan Tibbs Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,347
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,726,940
$1.7M
Cap Rate 7%
$1,233,529
$1.2M
Cap Rate 9%
$959,411
$959.4K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$108.0K $9.00/SF
− Vacancy
−$6.4K −$0.53/SF
EGI
$101.6K $8.47/SF
− OpEx
−$15.2K −$1.27/SF
NOI
$86.3K $7.20/SF
Area
Huntsville, AL
Vacancy
5.94%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,726,940
Cap Rate 7%
$1,233,529
Cap Rate 9%
$959,411
Alternative Uses
Best Use
Warehouse
$1.23M
$1.08M – $1.44M
NOI $86,347 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.12M
$2.73M – $3.65M
NOI $218,736 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
22 ft
Clear height
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35806, AL
25,702
Population
14,398
Households
1.8
Avg Household Size
36
Median Age
60%
College-Educated
97%
High-School Grad
25.4 sq mi
ZIP Area
1,012
Density / Sq Mi
$79,338
Median Household Income
$50,458
Median Earnings
$1,287
Median Rent
$318,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Safe Mini Storage — 606 Plummer Rd, Huntsville, AL 35806
- Huntsville Moving Service — 217 import cir nw, huntsville, al 35806
- Huntsville Archives Group, Inc — 100 Spacelab Ct NW, Huntsville, AL 35806, United States
- Karr Relocations, Inc. — 100 spacelab ct nw, huntsville, al 35806
- AMERICAN SAFETY MOVERS — 3300 AL-53, Huntsville, AL 35806
Frequently Asked Questions
What type of property is this?
Warehouse - Fully leased warehouse with conditioned space, ground-level overhead doors, and an on-site yard.
Where is this warehouse located?
The property is located at 212 Dan Tibbs Rd NW Huntsville, AL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 1,235 SF of office space with the balance dedicated to warehouse area; Built in 2021; 178' of frontage on Dan Tibbs Road
