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Property profile & analytics
FOR SALE
Manufacturing properties

185 Grimes Dr Guntersville, AL 35976

14,542 SF 2.34 ac lot Built 1981
Entity Owned 13-yr Hold Free & Clear
Property ID
US03-1966992
Property summary
AI-generated overview

This 15,065 square foot industrial property, situated on a 2.34-acre lot at 185 Grimes Drive in Guntersville, Alabama, presents a significant opportunity. The building boasts four front offices, three bathrooms, and four high bay doors with a loading dock, making it ideal for various industrial operations. A key feature is the inclusion of a paint booth, equipped for efficient finishing processes. Recent upgrades include a new membrane roof, ensuring long-term durability and energy efficiency. The property also benefits from a comprehensive sprinkler system for fire protection and is plumbed for compressed air, enhancing operational capabilities. The building's electrical system is robust, featuring multiple 220V/360V/480V single and three-phase drops, catering to diverse power requirements. Climate control is comprehensive, with the entire building heated and cooled for year-round comfort. This is a Triple Net Lease property, with the tenant responsible for property taxes ($7,800 annually), maintenance of heating and cooling systems, lawn care, utilities, parking lot maintenance, interior and exterior building lighting, pest control, and maintenance/repair of the paint booth (if used), as well as securing and maintaining insurance. This property offers a substantial space with modern amenities and a strategic location in Guntersville.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1981
Total area 14,542 SF
Lot 2.34 ac (101,930 SF)
Zoning code 15
APN 15-07-25-0-000-008.005
UPID US03-1966992
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
North Alabama Pipe Corp · 13 yrs held
North Alabama Pipe Corp
since 2012
2 recorded transactions
2025
Price N/A
2012
$183,500
Zoning & alternative use
15 · Guntersville, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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