Manufacturing Facility With Railroad
For Sale
$399,000
64 Jeff Cook Drive, Valley Head, AL 35967
COMMERCIAL - Valley Head, AL
Property Size4,000 SF
Lot Size2.44 Acres
Price / SF$99.75
Days on Market61
Property Features for 64 Jeff Cook Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business, Commercial, Industrial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Directions
From Valley Head At The Intersection Of Al Hwy 117 And County Road 137, Take County Road 137 0.5 Mi Toward Fort Payne And Turn Left Onto Jeff Cook Drive. Business Is At Dead End On The Right.
Standard status
Active
APN
1009310001039.001
Size
4,000 SF
Lot size
2.44 Acres
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
2002
Floors in Building
1
Roof type
Metal, Shingle
Listing Agency:
Swafford Auction Group LLC
(256) 927-8900
Listed By:
Shane Swafford · License #58627
(256) 509-5172
Added: Jun 30
Changed: Aug 4
Last Checked: Aug 29 at 11:06AM
MLS# 21922282
Copyright © 2026 ValleyMLS.Com,Inc. 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.
Evans Iron, LLC manufacturing facility is offered for sale with frontage on both County Road 137 and Jeff Cook Drive, plus railroad frontage. The property is positioned for manufacturing, fabrication, industrial, or warehouse operations requiring transportation access.
The site includes 2.44 acres and approximately 4,000 square feet, with a 2002 build year. Roofing includes shingle and metal materials. Heating is electric, and cooling is provided by wall units. Public water services the property, while sewer is provided by a septic tank. The facility includes two bathrooms.
Operational access is supported by nearby interstate connectivity, with the property described as only minutes from Exit 231 on Interstate 59.
The site includes 2.44 acres and approximately 4,000 square feet, with a 2002 build year. Roofing includes shingle and metal materials. Heating is electric, and cooling is provided by wall units. Public water services the property, while sewer is provided by a septic tank. The facility includes two bathrooms.
Operational access is supported by nearby interstate connectivity, with the property described as only minutes from Exit 231 on Interstate 59.
Key Highlights
- 2.44‑acre site with approximately 4,000 SF manufacturing facility
- Frontage on County Road 137 and Jeff Cook Drive plus railroad frontage
- Only minutes from Exit 231 on Interstate 59
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
$13,336
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
3.34%
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%
$266,720
$266.7K
Cap Rate 7%
$190,514
$190.5K
Cap Rate 9%
$148,178
$148.2K
Market Conditions
NOI Build-Up for 4,000 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
$20.2K $5.04/SF
− Vacancy
−$1.1K −$0.28/SF
EGI
$19.1K $4.76/SF
− OpEx
−$5.7K −$1.43/SF
NOI
$13.3K $3.33/SF
Area
DeKalb County, AL
Vacancy
5.50%
Lease Rate
$5.04 /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%
$266,720
Cap Rate 7%
$190,514
Cap Rate 9%
$148,178
Alternative Uses
Best Use
Industrial
$190.5K
$166.7K – $222.3K
NOI $13,336 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$644.4K
$563.9K – $751.8K
NOI $45,108 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 35967, AL
17,233
Population
7,825
Households
2.2
Avg Household Size
37
Median Age
16%
College-Educated
81%
High-School Grad
127.0 sq mi
ZIP Area
136
Density / Sq Mi
$48,125
Median Household Income
$32,051
Median Earnings
$678
Median Rent
$155,700
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?
Manufacturing property - Manufacturing facility with frontage on County Road 137, Jeff Cook Drive, and railroad frontage for industrial and warehouse operations.
Where is this manufacturing property located?
The property is located at 64 Jeff Cook Drive Valley Head, AL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2.44‑acre site with approximately 4,000 SF manufacturing facility; Frontage on County Road 137 and Jeff Cook Drive plus railroad frontage; Only minutes from Exit 231 on Interstate 59
