Freestanding Warehouse with Drive-In
New
For Sale
$270,000
5201 Reichhold Road, Tuscaloosa, AL 35404
CommercialSale, Tuscaloosa, AL
Property Size3,024 SF
Lot Size8.10 Acres
Price / SF$89.29
Days on Market4
Property Features for 5201 Reichhold Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From Jack Warner Pkwy, take left on Crescent Ridge Rd NE, Right on Alabama Ave NE, left onto Reichold Rd, property will be on the right.
Subdivision
(10) East Tuscaloosa County
Standard status
Active
APN
30-02-03-3-001-001.003
Size
3,024 SF
Lot size
8.10 Acres
Taxes and HOA fees
Tax Description
Lot 1 Charter Park
Tax Annual Amount
2562
Legal Description
Lot 1 Charter Park
Building Details
Year built
1994
Number of units
1
Flooring type
Concrete
Building materials
MetalSiding
Roof type
Metal
Architectural style
Other
Listing Agency:
Right Space, LLC
(205) 752-7900
Listed By:
Delana Roe
(205) 913-3611
Added: Sep 23
Last Checked: Sep 26 at 6:06AM
MLS# 177614
Copyright © 2026 West Alabama Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding light industrial warehouse contains 3,024 SF on approximately 8.1 acres. Built in 1994, the metal-sided building has an open warehouse and shop configuration, concrete slab flooring, a metal roof, 12' clear height, and a 14' ceiling height. Two grade-level drive-in doors measure 12' x 12' and 12' x 16'. Paved areas surround the building, and the property is vacant and available immediately.
Water and electric service are available, with septic serving the site. The parcel provides approximately 897' of frontage along Reichhold Road and falls within the Tuscaloosa Planning and Police Jurisdiction.
Water and electric service are available, with septic serving the site. The parcel provides approximately 897' of frontage along Reichhold Road and falls within the Tuscaloosa Planning and Police Jurisdiction.
Key Highlights
- 3,024 SF freestanding warehouse on approximately 8.1 acres
- Two grade‑level drive‑in doors: 12' x 12' and 12' x 16'
- 12' clear height and 14' ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,321
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$366,420
$366.4K
Cap Rate 7%
$261,729
$261.7K
Cap Rate 9%
$203,567
$203.6K
Market Conditions
NOI Build-Up for 3,024 SF
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.
Gross rent
$22.5K $7.44/SF
− Vacancy
−$945 −$0.31/SF
EGI
$21.6K $7.13/SF
− OpEx
−$3.2K −$1.07/SF
NOI
$18.3K $6.06/SF
Area
Tuscaloosa, AL
Vacancy
4.20%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$366,420
Cap Rate 7%
$261,729
Cap Rate 9%
$203,567
Alternative Uses
Best Use
Warehouse
$261.7K
$229.0K – $305.4K
NOI $18,321 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$726.7K
$635.9K – $847.8K
NOI $50,869 @ 7.0% cap · market cap 18.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
12 ft
Clear height
2
Drive-in doors
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35404, AL
20,982
Population
11,427
Households
1.8
Avg Household Size
30
Median Age
27%
College-Educated
89%
High-School Grad
16.6 sq mi
ZIP Area
1,264
Density / Sq Mi
$45,521
Median Household Income
$25,035
Median Earnings
$986
Median Rent
$175,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Vacant metal warehouse with open shop space, concrete flooring, and on-site water, electric, and septic service.
Where is this warehouse located?
The property is located at 5201 Reichhold Road Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 3,024 SF freestanding warehouse on approximately 8.1 acres; Two grade‑level drive‑in doors: 12' x 12' and 12' x 16'; 12' clear height and 14' ceiling height
