Versatile Warehouses and Office
2804 Avalon Ave, Muscle Shoals, AL
For Sale
Contact for pricing
Multiple warehouses and office building with flexible leasing options.
Property Size40,326 SF
Lot Size4.90 Acres
Price / SF$48.98
Days on Market550
Property Features for 2804 Avalon Ave
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
Pounders and Associates, Inc.
(256) 766-0998
Listed By:
Justin Bishop, CCIM · License #000086299
(256) 349-7188
Source:
Moodyscre
Added: May 9, 2025
Changed: Aug 8
Last Checked: Apr 24 at 12:22PM
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 Pounders and Associates, Inc.
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Investment Insights
Based on property information with market context.
The property features a 3,500 square foot all-brick office building, providing durable construction and functional office space. There is also an 1,800 square foot warehouse suitable for enclosed vehicle and equipment storage, as well as an 11,040 square foot warehouse connected to both the office and smaller warehouse, offering expanded operational capacity. Near the rear property line, a 24,000 square foot warehouse features two drive-level doors, two dock doors with levelers, and a covered loading area. This warehouse is currently leased on a month-to-month basis, offering flexibility for a buyer. If desired, a long-term lease could be negotiated to generate income, or the property could be vacated prior to closing. The property is equipped with 400-amp, 120/208V electrical service, with a 480V service available at the pole. Additionally, a 12,470V line is located on a nearby pole, making an upgrade to higher power capacity a straightforward process for businesses with larger electrical needs. The property size is 40,326 square feet.
Key Highlights
- 24,000 SF warehouse featuring drive‑level and dock doors with levelers, plus a covered loading area; currently leased month‑to‑month for flexibility.
- 11,040 SF warehouse connected to the office and smaller warehouse for expanded operations.
- 3,500 SF all‑brick office building offers durable construction.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,562
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,211,240
$3.2M
Cap Rate 7%
$2,293,743
$2.3M
Cap Rate 9%
$1,784,022
$1.8M
Market Conditions
NOI Build-Up for 40,326 SF
Gross rent
$242.0K $6.00/SF
− Vacancy
−$12.6K −$0.31/SF
EGI
$229.4K $5.69/SF
− OpEx
−$68.8K −$1.71/SF
NOI
$160.6K $3.98/SF
Area
Colbert County, AL
Vacancy
5.20%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,211,240
Cap Rate 7%
$2,293,743
Cap Rate 9%
$1,784,022
Alternative Uses
Best Use
Office B
$4.73M
$4.14M – $5.52M
NOI $331,214 @ 7.0% cap · market cap 16.77%
Second Best
Warehouse
$2.79M
$2.44M – $3.25M
NOI $194,968 @ 7.0% cap · market cap 9.87%
Theoretical Best
Office A
$6.44M
$5.63M – $7.51M
NOI $450,774 @ 7.0% cap · market cap 22.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Muscle Shoals Lock Storage — 2602 S Wilson Dam Rd, Muscle Shoals, AL 35661
- Avalon Avenue Storage — 2712 Avalon Ave, Muscle Shoals, AL 35661
Frequently Asked Questions
What type of property is this?
Warehouse - Multiple warehouses and office building with flexible leasing options.
Where is this warehouse located?
The property is located at 2804 Avalon Ave Muscle Shoals, AL.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: 24,000 SF warehouse featuring drive‑level and dock doors with levelers, plus a covered loading area; currently leased month‑to‑month for flexibility.; 11,040 SF warehouse connected to the office and smaller warehouse for expanded operations.; 3,500 SF all‑brick office building offers durable construction.
