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Financial
Distress signals
Property profile

15894 Lucas Ferry Rd Athens, AL 35611

FOR LEASE
Other warehouses
Property ID
US03-2833708
39,300 SF 11 ac lot Built 1990
Last sale Jul 2025 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Industrial property consisting of two buildings totaling 74,475 square feet situated on 14.23 acres in Athens off Highway 72. Building One contains 39,750 square feet with ceiling heights from 16 to 32 feet, includes 3 dock-high doors with levelers and 2 grade-level doors, is served by a dry sprinkler system, and features insulated metal construction along with a maintained office area and concrete yard space. Building Two provides 34,725 square feet with partially insulated metal construction,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$405k
Effective rate2.84%

Value estimate

· Oct 2026
$785k
$707k – $864k
Submarket $/SF estimate$1.04M
NOI build-up
Gross scheduled income$465k
Vacancy & credit loss−$24k
Operating expenses−$66k
NOI · 14,979,000.00% cap applied$374k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$49/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$17 – $87

Cap rate analysis

How does the asset earn?
14,979,000.00%
$374k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLIMESTONE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant16.8
Building Supply14.1
Spa & Massage13.1

Location

15894 Lucas Ferry Rd Athens, AL 35611
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
120 Roy Long W, Athens, AL 35611-5747 $13,000,000 Jul 2025 117,586 SF
15960 Shaw, Athens, AL 35611-7945 $2,757,077 Dec 2024 15,416 SF
15855 Reid, Athens, AL 35611-7367 $999,993 Jul 2022 15,000 SF
1500 Us Hwy 72nd W, Athens, AL 35611-4002 $1,200,000 Oct 2021 30,480 SF
1623 L Gray, Athens, AL 35611-4183 $235,000 Oct 2021 5,000 SF
5674 Carla, Athens, AL 35611-3707 $107,000 Feb 2020 5,736 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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