Truck Terminal With Fuel
For Sale
Contact for pricing
605 Glenaddie Ave, Anniston, AL 36201
Industrial facility with above-ground fuel tanks and multiple truck service bays.
Property Size2,100 SF
Price / SF$119.05
Days on Market153
Property Features for 605 Glenaddie Ave
General Information
Standard status
Active
Size
2,100 SF
Class
C
Property subtype
Industrial, Mixed Use
Zoning
Industrial
Additional Details
Service Bays
4
Amenities
above-ground fuel storage tanks
four-bay truck garage
Building Details
Year Built
1955
Stories
1
Listing Agency:
Aegis Commercial Real Estate LLC
Listed By:
Jared Dison · License #AL 000110309
Source:
Crexi
Added: Apr 1
Changed: Aug 30
Last Checked: Aug 30 at 3:39PM
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 Aegis Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
Located at 605 Glenaddie Ave in Anniston, this industrial truck terminal includes 70,000 gallons of above-ground fuel storage and a four-bay truck garage. The improvements support fueling, vehicle maintenance, dispatch, and heavy-equipment service functions.
The property was built in 1955 and provides access to major transportation corridors serving Anniston and the broader East Alabama region. Its existing fuel infrastructure and truck-oriented garage configuration provide a defined operational platform for fleet and logistics activities.
The property was built in 1955 and provides access to major transportation corridors serving Anniston and the broader East Alabama region. Its existing fuel infrastructure and truck-oriented garage configuration provide a defined operational platform for fleet and logistics activities.
Key Highlights
- 70,000 gallons of above‑ground fuel storage tanks
- Four‑bay truck garage
- Located at 605 Glenaddie Ave, Anniston, AL 36201
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
$15,082
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
6.03%
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%
$301,640
$301.6K
Cap Rate 7%
$215,457
$215.5K
Cap Rate 9%
$167,578
$167.6K
Market Conditions
NOI Build-Up for 2,100 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
$23.9K $11.40/SF
− Vacancy
−$2.4K −$1.14/SF
EGI
$21.5K $10.26/SF
− OpEx
−$6.5K −$3.08/SF
NOI
$15.1K $7.18/SF
Area
Calhoun County, AL
Vacancy
10.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
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%
$301,640
Cap Rate 7%
$215,457
Cap Rate 9%
$167,578
Alternative Uses
Best Use
Retail
$215.5K
$188.5K – $251.4K
NOI $15,082 @ 7.0% cap · market cap 6.03%
Second Best
Warehouse
$135.1K
$118.2K – $157.7K
NOI $9,459 @ 7.0% cap · market cap 3.78%
Theoretical Best
Healthcare Medical
$322.8K
$282.5K – $376.7K
NOI $22,599 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Service bays
Location Intelligence
Trade Area within ½ mile
1,154
Businesses Nearby
Explore this area
Business Placement
Demographics for 36201, AL
17,631
Population
9,543
Households
1.8
Avg Household Size
41
Median Age
6%
College-Educated
79%
High-School Grad
38.9 sq mi
ZIP Area
453
Density / Sq Mi
$33,754
Median Household Income
$26,680
Median Earnings
$709
Median Rent
$75,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Truck terminal - Industrial facility with above-ground fuel tanks and multiple truck service bays.
Where is this truck terminal located?
The property is located at 605 Glenaddie Ave Anniston, AL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 70,000 gallons of above‑ground fuel storage tanks; Four‑bay truck garage; Located at 605 Glenaddie Ave, Anniston, AL 36201
