Finley Island Multi-Use
For Sale
$849,993
Pending
3074 Finley Island Road, Decatur, AL 35603
Multi-use complex with warehouse and office space for sale.
Property Size10,000 SF
Days on Market338
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Property Features for 3074 Finley Island Road
General Information
Standard status
Pending
Size
10,000 SF
Property subtype
Commercial/Industrial
Listing Agency:
Parker Real Estate Res.LLC
(256) 353-1112
Listed By:
Jeremy Jones · License #106658
(256) 466-4675
Source:
Exitrealty
Added: Nov 11, 2025
Changed: Sep 15
Last Checked: Sep 15 at 6:34AM
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 Parker Real Estate Res.LLC
Investment Insights
Based on property information with market context.
This multi-use complex is located in the Finley Island Industrial Park. The property features approximately 10,000 square feet of open warehouse space suitable for storage and production needs. It also includes heated and cooled office space and two restrooms. A covered loading dock provides access for 18-wheelers. The property is available for sale or lease.
Key Highlights
- 10,000 sq ft of open warehouse space
- Located in the highly desired Finley Island Industrial Park
- Heated and cooled office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,940
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,178,800
$1.2M
Cap Rate 7%
$842,000
$842.0K
Cap Rate 9%
$654,889
$654.9K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$74.4K $7.44/SF
− Vacancy
−$5.1K −$0.51/SF
EGI
$69.3K $6.93/SF
− OpEx
−$10.4K −$1.04/SF
NOI
$58.9K $5.89/SF
Area
Morgan County, AL
Vacancy
6.80%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,178,800
Cap Rate 7%
$842,000
Cap Rate 9%
$654,889
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.70M
NOI $101,790 @ 7.0% cap · market cap 11.98%
Second Best
Warehouse
$842.0K
$736.8K – $982.3K
NOI $58,940 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,632 @ 7.0% cap · market cap 17.13%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35603, AL
32,380
Population
14,509
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
71.0 sq mi
ZIP Area
456
Density / Sq Mi
$78,237
Median Household Income
$47,458
Median Earnings
$857
Median Rent
$235,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-use complex with warehouse and office space for sale.
Where is this warehouse located?
The property is located at 3074 Finley Island Road Decatur, AL.
What is the asking price?
The asking price for this property is $849,993.
What are key features of this property?
This property features: 10,000 sq ft of open warehouse space; Located in the highly desired Finley Island Industrial Park; Heated and cooled office space
