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    Multi-Unit Warehouse with Four Units Title is generated by Realmo AI

    60 South Mountain Drive, Decatur, AL 35603

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    For Sale
    $2,300,000

    Multi-unit warehouse offers four units in a 22,500 SF facility with a 1992 foundation.

    Type:Industrial
    Property size:
    22,500 SF
    Price / SF:
    $102/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 5:37 am

    Property Features for 60 South Mountain Drive

    General Information

    Standard status
    Active
    Size
    22,500 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1992

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    Paula Prestwood

    Listing office

    Listing date Jun 25, 2026

    Source Gatewaycommercial

    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 Paula Prestwood

    HighLights

    • 22,500 SF industrial/warehouse building built in 1992
    • 4‑unit setup in the 22,500 SF facility
    • Unzoned property
    • 75% occupancy rate reported
    • High‑traffic AL Hwy 20 frontage

    Overview

    This 22,500 SF warehouse/distribution building is arranged as four separate units and has a solid foundation that was built in 1992. The property is presented as unzoned, providing flexibility for an industrial owner looking to operate or reposition a multi-tenant setup. Current leasing activity is reported at 75% occupancy, supporting ongoing income from the existing unit mix.

    The property is located at 60 South Mountain Drive in the Decatur area and is described as being on high-traffic AL Hwy 20. With its straightforward industrial configuration and four-unit layout, the building is designed to serve multiple tenant needs under one ownership structure.

    For investors and industrial operators, the four-unit design can be a practical fit for those seeking a warehouse asset with more than one tenant in place. The unzoned status may also be relevant for buyers evaluating how best to use and manage the property over time. Overall, this offering combines a mid-sized warehouse building with an established foundation and a current occupancy level, creating a workable platform for industrial ownership on a heavily traveled corridor.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $167.4k $7.44
    − Vacancy −$11.4k −$0.51
    EGI $156.0k $6.93
    − OpEx −$23.4k −$1.04
    NOI $132.6k $5.89
    22,500 SF · lease $7.44/SF/yr · vacancy 6.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.89M
    $1.66M – $2.21M (±1% cap)
    NOI $132,614 @ 7.0% cap · market cap 5.77%
    Second Best
    Industrial
    $1.64M
    $1.44M – $1.91M (±1% cap)
    NOI $114,865 @ 7.0% cap · market cap 4.99%
    Theoretical Best
    Office A
    $4.68M
    $4.10M – $5.46M (±1% cap)
    NOI $327,672 @ 7.0% cap · market cap 14.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Edwin L Hodges ... Church Mountaintop Antiques Home Decor Store Love Packages Charitable Organization

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy HVAC Service (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.0880865
    Latitude
    34.5736155

    FAQs

    What type of property is this?
    Warehouse - Multi-unit warehouse offers four units in a 22,500 SF facility with a 1992 foundation.
    Where is this warehouse located?
    The property is located at 60 South Mountain Drive Decatur, AL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: 22,500 SF industrial/warehouse building built in 1992; 4‑unit setup in the 22,500 SF facility; Unzoned property
    More about this property
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