Climate-Controlled Flex
New
For Sale
$3,550,000
576 U.S Highway 278 Bypass E, Piedmont, AL 36272
A paved, fenced yard complements office, showroom, and storage areas within the building.
Property Size80,000 SF
Lot Size15.50 Acres
Price / SF$44.38
Days on Market6
Property Features for 576 U.S Highway 278 Bypass E
General Information
Standard status
Active
Size
80,000 SF
Lot size
15.50 Acres
Property subtype
Industrial
Zoning
HC
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
25 ft
Warehouse Space
2,500 SF
Drive-In Doors
4
Power
1,200 amps
Voltage
480 V
Three-Phase Power
Yes
Conditioned Warehouse
Yes
Amenities
restrooms
commercial kitchen
Building Details
Building Size
80,000 SF
Year Built
1994
Buildings
1
Construction
steel insulated metal
Listed By:
Brad Moffatt, SIOR
(205) 314-5509
Source:
Egsinc
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 12 at 6:42PM
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 Brad Moffatt, SIOR
Investment Insights
Based on property information with market context.
This flex property comprises an approximately 80,000± SF building on 15.5± AC, constructed in 1994. Its steel frame and insulated metal exterior enclose 6,500± SF of office and showroom space, 2,500 SF of storage, restrooms, and a commercial kitchen. The interior is fully climate controlled, with ceiling heights of 20' at the eaves and 25' at the center.
Four 14'x14' drive-in doors serve the building. Electrical service is 1200-amp, 3 phase, 480 volt. The site includes an extensive paved and fenced yard, and the property is zoned Highway Commercial (HC).
Four 14'x14' drive-in doors serve the building. Electrical service is 1200-amp, 3 phase, 480 volt. The site includes an extensive paved and fenced yard, and the property is zoned Highway Commercial (HC).
Key Highlights
- 80,000± SF building on 15.5± AC; built in 1994
- 6,500± SF of office and showroom space, plus 2,500 SF of storage
- Four 14'x14' drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$310,800
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,216,000
$6.2M
Cap Rate 7%
$4,440,000
$4.4M
Cap Rate 9%
$3,453,333
$3.5M
Market Conditions
NOI Build-Up for 80,000 SF
Gross rent
$480.0K $6.00/SF
− Vacancy
−$36.0K −$0.45/SF
EGI
$444.0K $5.55/SF
− OpEx
−$133.2K −$1.67/SF
NOI
$310.8K $3.89/SF
Area
Calhoun County, AL
Vacancy
7.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,216,000
Cap Rate 7%
$4,440,000
Cap Rate 9%
$3,453,333
Alternative Uses
Best Use
Flex RnD
$5.88M
$5.15M – $6.86M
NOI $411,840 @ 7.0% cap · market cap 11.60%
Second Best
Warehouse
$5.15M
$4.50M – $6.01M
NOI $360,346 @ 7.0% cap · market cap 10.15%
Theoretical Best
Healthcare Medical
$12.30M
$10.76M – $14.35M
NOI $860,918 @ 7.0% cap · market cap 24.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
25 ft
Clear height
4
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36272, AL
12,854
Population
6,166
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
317.9 sq mi
ZIP Area
40
Density / Sq Mi
$52,726
Median Household Income
$37,811
Median Earnings
$808
Median Rent
$123,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - A paved, fenced yard complements office, showroom, and storage areas within the building.
Where is this flex space located?
The property is located at 576 U.S Highway 278 Bypass E Piedmont, AL.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: 80,000± SF building on 15.5± AC; built in 1994; 6,500± SF of office and showroom space, plus 2,500 SF of storage; Four 14'x14' drive‑in doors
