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    Industrial Warehouse with Concrete Yard Title is generated by Realmo AI

    2251 Old Curtis Rd, Elba, AL 36323

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    For Sale
    $5,100,000

    Large warehouse space paired with a reinforced concrete outdoor slab supports manufacturing and logistics-oriented operations.

    Type:Warehouse
    Property size:
    156,405 SF
    Price / SF:
    $32/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 1:49 am

    Property Features for 2251 Old Curtis Rd

    General Information

    Standard status
    Active
    Size
    156,405 SF
    Property subtype
    Warehouse

    Building Details

    Year Built
    1979

    Properties For Sale

    at 2251 Old Curtis Rd Contact us

    We can help!

    Listing Contact
    Kenny Whatley
    Kenny Whatley

    Listing agent Kenny Whatley License #0000582110

    Listing office NAI TALCOR

    Listing date Jun 3, 2026

    Source Thebrokerlist

    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 NAI TALCOR

    HighLights

    • 156,405 SF industrial warehouse space in a 1979‑built facility
    • Includes a 4‑acre reinforced concrete slab for outdoor storage (available for lease)
    • Formerly used as a trailer manufacturing facility with a flexible layout for different size requirements
    • Convenient access to major interstates I‑85, I‑65, and I‑10
    • Nearby airports include Dothan Airport (45 mi) and Montgomery Airport (77 mi)
    • Address: 2251 Old Curtis Rd, Elba, AL 36323

    Overview

    This industrial property was formerly used as a trailer manufacturing facility and includes 156,405 sq. ft. of warehouse space. The site also features an adjacent 4-acre reinforced concrete slab designed for durable outdoor storage. With flexible layout options, the building can be configured to accommodate a range of operational size requirements.

    The property is located at 2251 Old Curtis Rd in Elba, Alabama. The listing notes convenient access to major interstates including I-85, I-65, and I-10. It also cites proximity to commercial airports, including Dothan Airport (45 miles) and Montgomery Airport (77 miles), along with distances to the Port of Panama City Beach, FL (107 miles) and the Port of Mobile, AL (148 miles).

    For buyers and operators seeking an industrial warehouse with onsite outdoor storage, this configuration provides both enclosed space and a reinforced concrete yard. The trailer-manufacturing history may appeal to users looking for a manufacturing-capable industrial environment, while the outdoor slab supports staging, storage, and other logistics activities that benefit from a hardscape surface.
    Location Intelligence

    Current Use by Public Records

    Truck terminals

    Suggested Use

    Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elba
    County
    Coffee
    State
    Alabama
    Longitude
    -86.108361
    Latitude
    31.41504

    Nearby Similar for Sale

    • $265,000
      5,800 SF

      Move-in Ready Commercial Space

      Versatile 5,800 SF commercial property in high-visibility location.
      246 Factory Ave, Elba, AL 36330
      View Details
    • $4
      156,405 SF

      Spacious Warehouse with Flexible Options

      156,405 Sq. Ft. warehouse with adjacent 4-acre concrete slab.
      2251 Old Curtis Rd, Elba, AL 36323
      View Details

    FAQs

    What type of property is this?
    Warehouse - Large warehouse space paired with a reinforced concrete outdoor slab supports manufacturing and logistics-oriented operations.
    Where is this warehouse located?
    The property is located at 2251 Old Curtis Rd Elba, AL.
    What is the asking price?
    The asking price for this property is $5,100,000.
    What are key features of this property?
    This property features: 156,405 SF industrial warehouse space in a 1979‑built facility; Includes a 4‑acre reinforced concrete slab for outdoor storage (available for lease); Formerly used as a trailer manufacturing facility with a flexible layout for different size requirements
    (334) 699-8000
    We can help!
    Listing Contact
    Kenny Whatley
    Kenny Whatley
    Real Estate License ID: 0000582110
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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