Industrial Warehouse with Overhead
25932 Walter Lee Drive Athens, AL 35613
25932 Walter Lee Drive, Athens, AL, 35613
$550,000
For Sale
$550,000
Industrial warehouse offering 20' ceilings, a 16' x 20' overhead bay door, and paved parking for operations in North Alabama.
Property Size4,500 SF
Price / SF$122.22
Days on Market14
Property Features for 25932 Walter Lee Drive
General Information
- Standard status
- Active
- Size
- 4,500 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 Updated: Jul 22 at 7:28PM Checked: Jul 22 at 7:28PM
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 4,500 SF industrial warehouse includes 20' ceilings and a 16' x 20' overhead bay door, with paved parking onsite. The building is suited for manufacturing, distribution, or service operations.
The property is centrally located outside Huntsville with quick access to I-65 and I-565, supporting connectivity throughout North Alabama and the Southeast. An adjacent 60' x 100' warehouse is also available to support expansion or additional storage needs.
The property is centrally located outside Huntsville with quick access to I-65 and I-565, supporting connectivity throughout North Alabama and the Southeast. An adjacent 60' x 100' warehouse is also available to support expansion or additional storage needs.
Key Highlights
- 4,500 SF industrial warehouse (50' x 90') in Limestone County, AL
- 20' ceilings plus a 16' x 20' overhead bay door
- Paved parking for tenant and customer access
Local 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 | $28.1k | $6.24 |
| − Vacancy | −$1.5k | −$0.32 |
| EGI | $26.6k | $5.92 |
| − OpEx | −$4.0k | −$0.89 |
| NOI | $22.6k | $5.03 |
4,500 SF · lease $6.24/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$323.2K
$282.8K – $377.1K
NOI $22,627 @ 7.0% cap · market cap 4.11%
Second Best
Industrial
$255.2K
$223.3K – $297.7K
NOI $17,861 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,026 @ 7.0% cap · market cap 14.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
Similar For Sale Nearby
Similar Off Market Nearby
- M & j boat and rv storage — 23554 Lee Hwy, Athens, AL 35613
FAQs
What type of property is this?
Warehouse - Industrial warehouse offering 20' ceilings, a 16' x 20' overhead bay door, and paved parking for operations in North Alabama.
Where is this warehouse located?
The property is located at 25932 Walter Lee Drive Athens, AL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4,500 SF industrial warehouse (50' x 90') in Limestone County, AL; 20' ceilings plus a 16' x 20' overhead bay door; Paved parking for tenant and customer access
