185 Grimes Dr Guntersville, AL 35976
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
15 · Guntersville, ALGuntersville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.