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Property profile & analytics
OFF-MARKET
Warehouses

10305 Co Rd Lexington, AL 35648

48,000 SF 5.4 ac lot Built 1981
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents two warehouse buildings totaling 48,000 square feet on a 5.4-acre lot in Lexington, Alabama. Located in the North Alabama metroplex, just 22 miles from Florence, this Class B multi-tenant property offers significant flexibility. Building A encompasses 38,740 square feet, while Building B offers 9,500 square feet. The property features two dock-high doors and ample three-phase power, along with sewer access. The buildings boast a variety of roof heights, catering to diverse storage needs. The expansive lot size allows for potential future expansion. Currently, month-to-month tenants generate over $6,000 in gross monthly income, with the option to convert leases to long-term agreements. The asking price is $599,000, translating to $12.48 per square foot. Built in 1981, this owner-user property is offered for sale with a leaseback option, providing a unique opportunity for immediate income generation and future growth. The property's address is 10305 Co Rd 51, Lexington, AL 35648, and the APN is 02-05-15-3-001-011.000. This is an ideal property for an investor seeking a strong return on investment with the potential for long-term growth and income.

Property profile
Verified
Property type Warehouses
Year built 1981
Total area 48,000 SF
Lot 5.4 ac (235,224 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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