Industrial Warehouse with Overhead
25914 Walter Lee Drive Athens, AL 35613
For Sale
$725,000
Warehouse includes 20' ceilings, a 16' x 20' overhead bay door, and paved parking in Athens, AL.
Property Size6,000 SF
Price / SF$120.83
Days on Market21
Property Features for 25914 Walter Lee Drive
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Commercial
Listing Agency:
Newton Realty
(256) 233-2800
Listed By:
Keeton Griggs · License #114913
(256) 233-2800
Source:
Alabamaland
Added: Jul 10
Changed: Jul 26
Last Checked: Jul 29 at 1:03PM
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 Newton Realty
Investment Insights
Based on property information with market context.
This 6,000 SF industrial warehouse is offered for sale in Limestone County, featuring 20' ceilings and a 16' x 20' overhead bay door. The property includes paved parking and is connected to sewer, with phase 3 power available.
The warehouse is centrally located outside Huntsville, providing quick access to I-65 and I-565 for connectivity throughout North Alabama and the Southeast.
An adjacent 50' x 90' warehouse is also available for expansion or additional storage, allowing for potential growth of operational space.
The warehouse is centrally located outside Huntsville, providing quick access to I-65 and I-565 for connectivity throughout North Alabama and the Southeast.
An adjacent 50' x 90' warehouse is also available for expansion or additional storage, allowing for potential growth of operational space.
Key Highlights
- 6,000 SF industrial warehouse (60' x 100') in Limestone County, AL
- 20' ceilings and a 16' x 20' overhead bay door
- Paved parking
Financial Insights For Warehouse
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 | $37.4k | $6.24 |
| − Vacancy | −$1.9k | −$0.32 |
| EGI | $35.5k | $5.92 |
| − OpEx | −$5.3k | −$0.89 |
| NOI | $30.2k | $5.03 |
6,000 SF · lease $6.24/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$431.0K
$377.1K – $502.8K
NOI $30,169 @ 7.0% cap · market cap 4.16%
Second Best
Industrial
$340.2K
$297.7K – $396.9K
NOI $23,814 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,368 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- M & j boat and rv storage — 23554 Lee Hwy, Athens, AL 35613
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse includes 20' ceilings, a 16' x 20' overhead bay door, and paved parking in Athens, AL.
Where is this warehouse located?
The property is located at 25914 Walter Lee Drive Athens, AL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 6,000 SF industrial warehouse (60' x 100') in Limestone County, AL; 20' ceilings and a 16' x 20' overhead bay door; Paved parking
