Self-Storage Facility For
2710 McFarland Boulevard Northport, AL 35476
2710 McFarland Boulevard, Northport, AL, 35476
$1,250,000
For Sale
$1,250,000
Self-storage facility with recent upgrades and remotely managed.
Property Size7,500 SF
Price / SF$166.67
Days on Market283
Property Features for 2710 McFarland Boulevard
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1969
Listing Agency
Iron City Realty, LLC
(205) 365-7557
Listed by
Nancy Callahan · License #43525
(205) 365-7557
Source
Exitrealty
Added: Oct 8, 2025 Checked: Jul 17 at 4:09 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 Iron City Realty, LLC
Investment Insights
Based on property information with market context.
The property for sale includes three parcels with ID numbers 31-02-09-1-004-003.001, 31-02-09-1-004-007.000, and 31-02-09-1-004-008.000. The property is a self-storage facility. Recent upgrades include a new roof installed on all buildings in 2021, a new security system, new gravel, refinished doors, a new camera system, and auto LED lights both inside and outside. The facility is remotely managed, eliminating employee overhead. Not all units are climate controlled; however, there are two new HVAC systems for the climate-controlled units. The property has a total size of 7500 square feet. Additional information, including a diagram and unit sizes, can be found on the website A1Northport.com.
Key Highlights
- Roof installed on all buildings in 2021
- New security and camera systems installed
- Remotely managed, eliminating employee overhead
Local Financial Insights For Self Storage
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 | $112.5k | $15.00 |
| − Vacancy | −$9.0k | −$1.20 |
| EGI | $103.5k | $13.80 |
| − OpEx | −$31.1k | −$4.14 |
| NOI | $72.5k | $9.66 |
7,500 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$1.04M
$905.6K – $1.21M
NOI $72,450 @ 7.0% cap · market cap 5.80%
Second Best
Industrial
$515.7K
$451.2K – $601.7K
NOI $36,099 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,162 @ 7.0% cap · market cap 10.09%
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 facility with recent upgrades and remotely managed.
Where is this self storage facility located?
The property is located at 2710 McFarland Boulevard Northport, AL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Roof installed on all buildings in 2021; New security and camera systems installed; Remotely managed, eliminating employee overhead
