Flex Space with
5680 Highway 171 Cutoff Road, Northport, AL 35473
For Sale
$450,000
Pending
Office amenities and warehouse handling features support a range of commercial operations.
Property Size5,000 SF
Days on Market189
Property Features for 5680 Highway 171 Cutoff Road
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Warehouse Space
Office Build-Out
Additional Details
Mixed-Use Components
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
two bathrooms
full kitchen
conference/eating area
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Keller Williams Tuscaloosa
Listed By:
Jared Gray
(205) 454-9217
Source:
Rightspacecre
Added: May 5
Changed: Nov 8
Last Checked: Nov 8 at 9:32PM
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 Keller Williams Tuscaloosa
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Investment Insights
Based on property information with market context.
Built in 1991, this 5,000-square-foot metal flex building combines 3,750 square feet of warehouse area with 1,250 square feet of office space. The warehouse has two roll-up doors, a mezzanine over the office, rotating I-beams for chain hoists, and skylights. Office accommodations include three offices, two bathrooms, a full kitchen, and a conference and eating area.
Office improvements include new LVP flooring, smooth ceilings, fresh paint, updated light fixtures, and a renovated bathroom. The office air conditioning system was replaced in 2023. The property offers access to Northport and Tuscaloosa, with retail, office, contractor, and service business uses noted as possibilities.
Office improvements include new LVP flooring, smooth ceilings, fresh paint, updated light fixtures, and a renovated bathroom. The office air conditioning system was replaced in 2023. The property offers access to Northport and Tuscaloosa, with retail, office, contractor, and service business uses noted as possibilities.
Key Highlights
- 5,000‑square‑foot building with 3,750 square feet of warehouse space and 1,250 square feet of office space
- Two roll‑up doors, mezzanine storage, rotating I‑beams for chain hoists, and skylights
- Office includes three offices, two bathrooms, a full kitchen, and a conference/eating area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,066
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,320
$741.3K
Cap Rate 7%
$529,514
$529.5K
Cap Rate 9%
$411,844
$411.8K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$64.8K $12.96/SF
− Vacancy
−$7.8K −$1.56/SF
EGI
$57.0K $11.40/SF
− OpEx
−$20.0K −$3.99/SF
NOI
$37.1K $7.41/SF
Area
Tuscaloosa County, AL
Vacancy
12.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,320
Cap Rate 7%
$529,514
Cap Rate 9%
$411,844
Alternative Uses
Best Use
Flex RnD
$529.5K
$463.3K – $617.8K
NOI $37,066 @ 7.0% cap · market cap 8.24%
Second Best
Warehouse
$406.5K
$355.7K – $474.3K
NOI $28,458 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$1.01M
$885.6K – $1.18M
NOI $70,848 @ 7.0% cap · market cap 15.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 35473, AL
17,888
Population
8,601
Households
2.1
Avg Household Size
38
Median Age
37%
College-Educated
90%
High-School Grad
25.8 sq mi
ZIP Area
693
Density / Sq Mi
$67,224
Median Household Income
$44,581
Median Earnings
$922
Median Rent
$249,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Tuscaloosa County, AL
Properties on Market for Flex space in Tuscaloosa County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office amenities and warehouse handling features support a range of commercial operations.
Where is this flex space located?
The property is located at 5680 Highway 171 Cutoff Road Northport, AL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 5,000‑square‑foot building with 3,750 square feet of warehouse space and 1,250 square feet of office space; Two roll‑up doors, mezzanine storage, rotating I‑beams for chain hoists, and skylights; Office includes three offices, two bathrooms, a full kitchen, and a conference/eating area
